#10. Kinross Gold Corp. (NYSE:KGC) — 1.7% YIELD

Kinross Gold is engaged in the exploration, acquisition and production of gold and silver mining properties in Canada, the United States, the Russian Federation, Brazil, Ecuador, Chile, Ghana and Mauritania. As of Dec 31 2011, Co.’s proven mineral reserves for gold and silver were 1,381 ounces and 4,688 ounces respectively.

KGC — Key Stats (updated Friday, January 11, 10:19 AM)
Name:	Kinross Gold Corp.
Website:	www.kinross.com
Sector:	Precious Metals
Number of ETFs Holding KGC:	7 (see which ones)
Total Market Value Held by ETFs:	$439,508,006
Total Market Capitalization:	$10,633,000,000
% of Market Cap. Held by ETFs:	4.13%
DividendRank: At Dividend Channel	Good — Ranked in Top 50% KGC Dividend History »

#9. IAMGold Corp (NYSE:IAG) — 2.3% YIELD

IAMGold is engaged in the exploration for, development and operation of gold mining properties, and the operation of a niobium mine.

IAG — Key Stats (updated Friday, January 11, 10:20 AM)
IAMGold Corp
Website:	www.iamgold.com
Sector:	Precious Metals
Number of ETFs Holding IAG:	11 (see which ones)
Total Market Value Held by ETFs:	$272,556,553
Total Market Capitalization:	$4,009,000,000
% of Market Cap. Held by ETFs:	6.80%
DividendRank: At Dividend Channel	Good — Ranked in Top 50% IAG Dividend History »

#8. Compania de Minas Buenaventura S.A. (NYSE:BVN) — 2.3% YIELD

Compania de Minas Buenaventura is engaged in the extraction, processing and marketing of polymetallic minerals, primarily silver but also gold, zinc, lead and copper. Co., through its subsidiaries, is also engaged in the exploitation of oil, in providing engineering services related to mining operations and in providing electric energy to mining companies. Additionally, Co. holds interests in other mining companies.

BVN — Key Stats (updated Friday, January 11, 10:19 AM)
Name:	Compania de Minas Buenaventura S.A.
Website:	www.buenaventura.com
Sector:	Precious Metals
Number of ETFs Holding BVN:	29 (see which ones)
Total Market Value Held by ETFs:	$652,444,886
Total Market Capitalization:	$8,744,000,000
% of Market Cap. Held by ETFs:	7.46%
DividendRank: At Dividend Channel	Good — Ranked in Top 50% BVN Dividend History »

#7. Commercial Metals Co. (NYSE:CMC) — 3.1% YIELD

Commercial Metals produces, recycles and markets steel and metal products, related materials and services. The Americas Recycling segment consists of the scrap metal processing and sales operations. The Americas Mills segment includes the domestic steel mills. The Americas Fabrication segment includes the rebar fabrication operations, and fence post manufacturing and other products facilities. The International Mills segment includes the minimill and recycling business in Poland and fabrication business in Europe; and International Marketing and Distribution segment includes global operations for the sales, distribution and processing of steel products, metals and other industrial products.

#6. Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) — 2.5% YIELD Schnitzer Steel Industries operates through three segments: the Metals Recycling Business, which buys, collects, processes, recycles, sells and brokers ferrous scrap metal and nonferrous scrap metal; the Auto Parts Business, which procures used and salvaged vehicles and sells serviceable used auto parts from these vehicles through its self-service auto parts stores; and the Steel Manufacturing Business (SMB), which operates a steel mini-mill that produces a range of finished steel products using recycled metal and other raw materials. SMB produces semi-finished goods (billets) and finished goods, consisting of rebar, coiled rebar, wire rod, merchant bar and other products.

CMC — Key Stats (updated Friday, January 11, 10:16 AM)
Name:	Commercial Metals Co.
Website:	www.cmc.com
Sector:	Non-Precious Metals & Non-Metallic Mining
Number of ETFs Holding CMC:	51 (see which ones)
Total Market Value Held by ETFs:	$134,556,454
Total Market Capitalization:	$1,787,000,000
% of Market Cap. Held by ETFs:	7.53%
DividendRank: At Dividend Channel	Good — Ranked in Top 50% CMC Dividend History »
SCHN — Key Stats (updated Friday, January 11, 10:19 AM)
Name:	Schnitzer Steel Industries, Inc.
Website:	www.schnitzersteel.com
Sector:	Non-Precious Metals & Non-Metallic Mining
Number of ETFs Holding SCHN:	32 (see which ones)
Total Market Value Held by ETFs:	$47,946,195
Total Market Capitalization:	$762,000,000
% of Market Cap. Held by ETFs:	6.29%
DividendRank: At Dividend Channel	Very Good — Ranked in Top 25% SCHN Dividend History »

#5. Gold Resource Corp (AMEX:GORO) — 5.2% YIELD

Gold Resource is an exploration stage company engaged in the exploration for and production of gold and silver in Mexico. As of Dec 31 2010, Co. held a 100.0% interest in five properties in Mexico’s southern State of Oaxaca. These properties are the El Aguila project, the El Rey property, the Las Margaritas property, the Solaga property and the Alta Gracia property.

#4. Nevsun Resources Ltd. (AMEX:NSU) — 2.2% YIELD

Nevsun Resources is a mineral resource company engaged in the acquisition, exploration, development and production of mineral properties.

#3. Southern Copper Corp (NYSE:SCCO) — 27.9% YIELD

Southern Copper produces copper, molybdenum, zinc and silver. Co.’s mining, smelting and refining facilities are located in Peru and in Mexico, and it conducts exploration activities in those countries and in Argentina, Chile and Ecuador. Co.’s Peruvian copper operations involve mining, milling and flotation of copper ore to produce copper concentrates and molybdenum concentrates; the smelting of copper concentrates to produce anode copper; and the refining of anode copper to produce copper cathodes. Co. also produces molybdenum concentrate and refined silver. Co.’s Mexican operations are primarily engaged in the mining and processing of copper, molybdenum, zinc, silver, gold and lead.

#2. Friedman Industries, Inc. (AMEX:FRD) — 4.7% YIELD

Friedman Industries is engaged in steel processing, pipe manufacturing and processing and steel and pipe distribution. As of Mar 31 2011, Co. had two product groups, coil and tubular products. Co. purchases hot-rolled steel coils, processes the coils into flat, finished sheet and plate and sells these products on a wholesale basis. Co. also processes customer-owned coils on a fee basis. Through its Texas Tubular Products Division (TTP), Co. manufactures, purchases, processes and markets tubular products. TTP operates two pipe mills which manufacture line and oil country pipe and also manufacture pipe for structural and piling purposes.

#1. Cliffs Natural Resources, Inc. (NYSE:CLF) — 6.6% YIELD

Cliffs Natural Resources is a mining and natural resources company. As of Dec 31 2011, Co. operated five iron ore mines in Michigan and Minnesota, five metallurgical coal mines in West Virginia and Alabama, and one thermal coal mine in West Virginia. Co. also operates two iron ore mines in Eastern Canada. Co.’s Asia Pacific operations are comprised of two iron ore mining complexes in Western Australia, and a 45.0% economic interest in a coking and thermal coal mine in Queensland, Australia. In Latin America, Co. has a 30.0% interest in Amapa, a Brazilian iron ore project, and in Ontario, Canada, Co. has a key chromite project in the pre-feasibility stage of exploration.