Mining stocks are commonly known for their potential to grow. In this list we take a look at ten of the most promising mining companies to invest in this year.
10. MP Materials Corp
MP Materials Corp is an American company which specialises in rare-earth metals and minerals. The company is headquartered in Las Vegas, and was first founded during 2017. MP Materials is owned by JHL Capital Group, QVT Financial LP, and Shenghe Resources, and has over 270 employees.
Share Price: $46.80
9. Cameco Corporation
Cameco Corporation operates in the mining and energy industry, the company was formerly known as the Canadian Mining and Energy Corporation. The company is known for being the largest publicly traded uranium mining company, Cameco Corporation was first established during 1988 in Canada. It now has over 3000 employees and is responsible for 18% of the world's uranium production.
Share Price: $22.68
8. Sibanye Stillwater Limited
Sibanye Stillwater Limited was first founded during 2012 and is headquartered in South Africa and America. Sibanya Stillwater is a multinational company specialising in precious metal mining, mainly known for the production of Platinum, Palladium, Rhodium and Gold. Neal John Froneman is the CEO and the company now has over 84,000 employees.
Share Price: $12.32
7. Agnico Eagle Mines Limited
Agnico Eagle Mines Limited is a Canadian based company which was founded in 1953. The company is headquartered in Canada and operates across Finland, Canada, Mexico and the United States. Agnico Eagle Mines Limited has over 8000 employees and specialises in production of Soapstone, Gold, Silver, Zinc and Copper.
Share Price: $65.49
6. Cleveland-Cliffs Inc.
Cleveland-Cliffs was founded during 1847 in Ohio, United States. The company is formerly known as Cliffs Natural Resources and it specialises in mining iron ore. Cleveland-Cliffs now has over 25,000 employees and has operations across the United States.
Share Price: $21.24
5. Barrick Gold Corporation
Barrick Gold Corporation is a mining company that produces mainly gold and copper, headquartered in Canada, the company has operations in 13 different countries. First founded in 1983 in Toronto Canada, Barrick Gold Corporation has 18,421 employees across the 16 different operating sites.
Share Price: $18.17
4. Alcoa Corporation
Alcoa Corporation is headquartered in Pennsylvania, United States and was founded in 1888. The company is the 8th largest producer of aluminium, and has operations spanning across 10 different countries. Alcoa Corporation specialise in the mining, smelting, and recycling of aluminium.
Share Price: $50.79
3. Freeport-McMoRan Inc.
Freeport-McMoRan was founded in 1988 and is headquartered in Arizona, United States. The company was created in the merging of Freeport Minerals and McMoRan Oil & Gas Company. Freeport-McMoRan is one of the largest producers of molybdenum and copper. The company has operations across Africa, Europe, North America, South America and Indonesia, with over 27,000 employees.
Share Price: $38.47
2. Rio Tinto Group
Rio Tinto Group is the second largest mining and metals company, known for the production of iron ore, copper, diamonds, gold and uranium. First founded in 1873, the company is headquartered in London, United Kingdom and Melbourne, Australia. Rio Tinto Group is traded on the London Stock Exchange and the Australian Securities Exchange. The company was ranked 113th largest public company of 2021 by Forbes Global.
Share Price: $95.83
1. BHP Group
Headquartered in Melbourne, Australia, BHP Group is a mining, metals and petroleum company. BHP was founded in 2001 in the merger of BHP and Billiton. The company has operations worldwide and over 80,000 employees. BHP is known for its production of iron ore, coal, petroleum, copper, nickel, and uranium. The company was ranked 93rd largest public company by Forbes Global during 2020.
Share price: $58.08
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