Losses for mining and energy companies were almost across the board on Monday after trade data from China showed a deficit that was the largest in 12-years. Investors in world number one BHP Billiton and Anglo-American curbed losses to less than 1%, but Brazil’s Vale’s gave up 2.5% in New York. World number three miner Rio Tinto shed 1.4%.
See http://www.mining.com/2012/03/13/china-gives-miners-another-scare-as-58-billion-monthly-swing-hands-it-largest-trade-deficit-in-12-years/.