The 40 largest mining companies in the world

The globe’s largest mining companies are enjoying boom times. Between 2017 and this year, the combined revenue of the 40 largest miners in the world has increased from $632 billion to $686 billion, while profitability (EBITDA) jumped by $11 billion to a total of $165 billion. As of the end of last year, the market capitalisation of the 40 largest companies that mine coal, copper, iron ore, lithium, potash or gold, amongst other resources, stood at a staggering $757 billion. Meanwhile, large mining groups hold over $100 billion in cash reserves.

An overview of the world’s 40 most important mining companies:

BHP Group
Country: Australia/United Kingdom
Commodity focus: Diversified mining

Rio Tinto
Country: Australia/United Kingdom
Commodity focus: Diversified mining

Vale
Country: Brazil
Commodity focus: Diversified mining

Glencore
Country: Switzerland
Commodity focus: Diversified mining

China Shenhua Energy Company
Country: China/Hong Kong
Commodity focus: Coal mining

MMC Norilsk Nickel
Country: Russia
Commodity focus: Nickel mining

Anglo American
Country: UK/South Africa
Commodity focus: Diversified mining

Coal India
Country: India
Commodity focus: Coal mining

Newmont Mining Corporation
Country: United States
Commodity focus: Gold mining

Grupo México
Country: Mexico
Commodity focus:

Barrick Gold
Country: Canada
Commodity focus: Gold mining

Saudi Arabian Mining Company
Country: Saudi Arabia
Commodity focus: Diversified mining

Freeport-McMoRan Copper & Gold
Country: United States
Commodity focus: Copper and gold mining

Teck Resources
Country: Canada
Commodity focus: Diversified mining

South32
Country: Australia
Commodity focus: Diversified mining

Newcrest Mining
Country: Australia
Commodity focus: Gold mining

The Mosaic Company
Country: United States
Commodity focus: Potash mining

China Molybdenum
Country: China/Hong Kong
Commodity focus: Diversified mining

Shaanxi Coal Industry
Country: China/Hong Kong
Commodity focus: Coal mining

Zijin Mining Group
Country: China/Hong Kong
Commodity focus: Diversified mining

Polyus Gold International
Country: United Kingdom
Commodity focus: Gold mining

Alrosa
Country: Russia
Commodity focus: Diamond mining

Antofagasta
Country: United Kingdom
Commodity focus: Copper mining

Agnico-Eagle Mines Group
Country: Canada
Commodity focus: Gold mining

Fortescue Metals Group
Country: Australia
Commodity focus: Iron Ore mining

Shandong Gold Mining Company
Country: China/Hong Kong
Commodity focus: Gold mining

Goldcorp
Country: Canada
Commodity focus: Gold mining

Fresnillo
Country: Mexico
Commodity focus: Diversified mining

China Coal Energy Company
Country: China/Hong Kong
Commodity focus: Coal mining

Sumitomo Metal Mining
Country: Japan
Commodity focus: Diversified mining

Jiangxi Copper Company
Country: China/Hong Kong
Commodity focus: Copper mining

First Quantum Minerals
Country: Canada
Commodity focus: Copper mining

Kirkland Lake Gold
Country: Canada
Commodity focus: Gold mining

Yanzhou Coal mining Company
Country: China/Hong Kong
Commodity focus: Coal mining

AngloGold Ashanti
Country: South Africa
Commodity focus: Gold mining

Polymetal International
Country: Russia/United Kingdom
Commodity focus: Gold mining

Tianqi Lithium Industries
Country: China
Commodity focus: Lithium mining

KGHM Polska Miedz Spólka Akcyjna
Country: Poland
Commodity focus: Copper mining

China Northern Rate Earth Group
Country: China
Commodity focus: Rare Earth mining

PT Bayan Resources
Country: Indonesia
Commodity focus: Coal mining

Data on the world’s 40 largest mining companies has been sourced from the ‘Mine 2019’ report from professional services firm PwC.