On Tuesday, Following Stocks were among the “Top 50 Losers” of U.S. Stock Market: North American Palladium Ltd. (NYSEMKT:PAL), Midway Gold Corp. (NYSEMKT:MDW), Cliffs Natural Resources Inc. (NYSE:CLF), Yamana Gold, Inc. (NYSE:AUY)

North American Palladium Ltd. (NYSEMKT:PAL), with shares declined -7.31%, closed at $0.19.

Midway Gold Corp. (NYSEMKT:MDW), with shares dropped -7.13%, settled at $0.41, hitting new 52-week low of $0.40.

Cliffs Natural Resources Inc. (NYSE:CLF), with shares dipped -6.78%, and closed at $4.54, hitting new 52-week low of $4.52.

Yamana Gold, Inc. (NYSE:AUY), plummeted -6.15%, and closed at $3.51.

Latest NEWS regarding these Stocks are depicted underneath:

North American Palladium Ltd. (NYSEMKT:PAL)

Formerly on February 26, North American Palladium Ltd. (PAL), declared the positive results of the Technical Report for the Lac des Iles Mine, Ontario, Incorporating a Preliminary Economic Assessment of the Mine Expansion Plan.

The work accomplished in the 2015 PEA supports the following conclusions:

• The Base Case is current operations with the addition of an open pit expansion (“Base Case”). The Base Case extends the life of mine to 2029 and results in an after tax net present value (“NPV”) of $593 million at a 5% discount rate.
• The Base Case scenario indicates the following:
• The current operations contribute 23 million tonnes at an average grade of 2.1 g/t palladium to the production plan and results in an after tax NPV of $457 million at a 5% discount rate;
• The open pit expansion, with additional underground footwall material mined, requires project capital of $58.6 million, contributes 39 million tonnes at an average grade of 1.3 g/t palladium to the production plan and results in an after tax NPV of $136 million at a 5% discount rate, representing an after tax internal rate of return of 30%;
• The Base Case comprises of 62 million tonnes of mineralized material at an average grade of 1.6 g/t Pd; and
• Using the Base Case economic assumptions, there is no negative cash flow throughout the mine life.

“The strong rate of return for the Base Case plan, a mine life of about 15 years and a NPV of almost $600 million is a very positive development for the Corporation,” said Phil du Toit, President and Chief Executive Officer. “Given that nearly all of the mineral resources for the pit expansion project are measured or indicated, we will be able to move quickly to evaluate the Base Case at a prefeasibility level.”

Opportunities to Enhance the Base Case:

A potential Phase 2 shaft deepening project presently comprises 10.9 million tonnes of 3.3 g/t Pd mineralized material below the 1065 Level.

Project capital for Phase 2 is estimated to be $242.2 million generating an after tax internal rate of return of 7% and a $22 million NPV at a 5% discount rate using the Base Case economic assumptions.

These preliminary positive results indicate that further exploration and definition drilling is warranted as the addition of mineralized material will greatly improve Phase 2 economics.

North American Palladium Ltd. produces precious metals in Canada. It explores for palladium, platinum, nickel, copper, and other metals. It primarily holds interest in the Lac des Iles mine located to the northwest of Thunder Bay, Ontario.

Midway Gold Corp. (NYSEMKT:MDW)

On Monday, Midway Gold Corp. (MDW), declared financial results for the period ended December 31, 2014. These results were filed recently with the United States Securities and Exchange Commission in the Corporation’s annual report on Form 10-K and with the relevant securities regulators in Canada.

Recent Developments includes Pan Project, Gold Rock Project and Spring Valley Project.

Midway Gold Corp. is a precious metals corporation with a vision to explore, design, build and operate gold mines in a manner accountable to all stakeholders while seeking returns for shareholders.

Cliffs Natural Resources Inc. (NYSE:CLF)

Cliffs Natural Resources Inc. (CLF), stock dropped down on Tuesday, following the news that analysts at Citigroup has warned that global commodity markets will see slower and less synchronized demand growth in China, according to Bloomberg.

Iron ore producers, counting Cliffs Natural Resources, are among the hardest hit due to their exposure to China’s manufacturing, infrastructure and real estate sectors, Citigroup added.

Last week, the China & Iron Steel Association, which is funded by China’s major steelmakers and the only nationwide industry organization, said steel production in China will shrink this year as consumption has peaked, Bloomberg stated.

Cliffs Natural Resources Inc., a mining and natural resources corporation, produces iron ore and metallurgical coal. It operates five iron ore mines that produces iron ore pellets in Michigan and Minnesota.

Yamana Gold, Inc. (NYSE:AUY)

On March 12, Yamana Gold, Inc. (AUY), declared the signing of a Definitive Contract with the provincial Government of Catamarca, Argentina, represented by the provincial mining corporation Catamarca Mineria y Energetica Sociedad del Estado. The Contract advances the formerly declared Memorandum of Understanding, which set the groundwork for cooperation to consolidate important mining projects and prospective properties in the province, most notably the Agua Rica property and the Cerro Atajo prospect, to create the Catamarca mining district. The Contract is the first of its kind between a provincial corporation and a private corporation in the Catamarca Province.

The signing of the Contract provides the basis for further advancement of exploration and ultimately mining in the District. Yamana anticipates to use the existing workforce at Agua Rica to start a planned exploration program in 2015 with a focus on Cerro Atajo. In addition, a plan is being implemented to train the existing workforce in Catamarca to ensure local communities have the opportunity to benefit directly from planned economic activity in the District.

Agua Rica is a low cost, large-scale copper, gold, silver and molybdenum deposit located in the province of Catamarca, Argentina.

Yamana is a Canadian-based gold producer with noteworthy gold production, gold development stage properties, exploration properties, and land positions throughout the Americas counting Brazil, Argentina, Chile, Mexico and Canada. Yamana plans to continue to build on this base through existing operating mine expansions, throughput raises, development of new mines, the advancement of its exploration properties and by targeting other gold consolidation opportunities with a primary focus in the Americas.

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