Australia’s mining stocks dominated the worst performers over a year in which the materials sector sank 14 per cent as commodity prices sagged.
Iron ore producer BC Iron Limited
(ASX:BCI) was the number one worst performing stock in the benchmark index, plunging 90 per cent over 2014.
Mining and materials company Arrium Limited
(ASX:ARI) and iron ore miner Atlas Iron Limited
(ASX:AGO) both sank about 86 per cent in the year.
In fourth position rare earths producer Lynas Corporation Limited
(ASX:LYC) tumbled 77 per cent and in fifth spot iron ore miner Mount Gibson Iron Limited
(ASX:MGX) lost 76 per cent.
Gold producer Beadell Resources Limited
(ASX:BDR) saw a loss of more than 71 per cent while marine logistics provider MMA Offshore Limited
(ASX:MRM), formerly Mermaid Marine Australia Limited, shed 62 per cent.
Oil and gas explorer Senex Energy Limited
(ASX:SXY) and staffing services company Skilled Group Limited
(ASX:SKE) both declined near 57 per cent.
Rounding out the top ten iron ore producer Fortescue Metals Group Limited
(ASX:FMG) saw its share price cut by 53 per cent last year.