Australia and Canada Lead Australia tops the list, with its major mining companies totaling $353 billion in market capitalization. The country is home to two of the biggest miners in the world, BHP and Rio Tinto. Rank Country Company Market Cap (USD) 1 🇦🇺 Australia BHP Group 125B 2 🇨🇳 China China Shenhua Energy 103B 3 🇦🇺 Australia Rio Tinto 97B 4 🇺🇸 U.S. Southern Copper 77B 5 🇺🇸 U.S. Freeport-McMoRan 58B 6 🇨🇭 Switzerland Glencore 55B 7 🇸🇦 Saudi Arabia Maaden 49B 8 🇺🇸 U.S. Newmont 48B 9 🇨🇦 Canada Agnico Eagle Mines 43B 10 🇮🇩 Indonesia Bayan Resources 42B 11 🇲🇽 Mexico Grupo México 39B 12 🇦🇺 Australia Fortescue 36B 13 🇬🇧 UK Anglo American 37B 14 🇧🇷 Brazil Vale 37B 15 🇨🇳 China Zijin Mining 57B 16 🇮🇳 India Coal India 27B 17 🇨🇦 Canada Barrick Gold 28B 18 🇨🇦 Canada Wheaton Precious Metals 27B 19 🇨🇦 Canada Nutrien 26B 20 🇨🇦 Canada Franco-Nevada 24B 21 🇨🇦 Canada Teck Resources 22B 22 🇨🇦 Canada Cameco 22B 23 🇬🇧 UK Antofagasta 21B 24 🇮🇳 India Vedanta 20B 25 🇷🇺 Russia Nornickel 18B 26 🇨🇦 Canada Ivanhoe Mines 15B 27 🇨🇳 China Yanzhou Coal Mining 15B 28 🇨🇦 Canada Kinross Gold 13B 29 🇦🇺 Australia Northern Star 12B 30 🇷🇺 Russia Severstal 11B 31 🇨🇦 Canada First Quantum Minerals 11B 32 🇰🇿 Kazakhstan Kazatomprom 10B 33 🇦🇺 Australia South32 10B 34 🇺🇸 U.S. Royal Gold 9B 35 🇨🇳 China Ganfeng Lithium 9B 36 🇸🇪 Sweden Boliden 8B 37 🇨🇦 Canada Alamos Gold 8B 38 🇨🇦 Canada Pan American Silver 8B 39 🇨🇳 China Tianqi Lithium 7B 40 🇦🇺 Australia Evolution Mining 7B 41 🇨🇦 Canada Lundin Mining 7B 42 🇮🇳 Indonesia NMDC 7B 43 🇨🇦 Canada Lundin Gold 6B 44 🇮🇩 India United Tractors 6B 45 🇯🇵 Japan Sumitomo Metal Mining 6B 46 🇲🇽 Mexico Fresnillo 6B 47 🇵🇱 Poland KGHM 6B 48 🇿🇦 South Africa Harmony Gold 6B 49 🇬🇧 UK Endeavour Mining 5B 50 🇿🇦 South Africa Impala Platinum 5B 🌍 Global Total All Companies Combined 1.4T Rich in minerals, Australia is the world’s largest producer of iron ore, essential for steel production, and lithium, a key component in batteries. While Canada’s economy has struggled to keep pace with its southern neighbor, its mining industry remains formidable. The country’s mining sector has a combined market capitalization of $344 billion, making it the second-largest globally. Canada, the world’s second-largest country by area after Russia, has vast natural resource wealth. It is particularly rich in gold, copper, nickel, and potash. United States with miners totaling $228 billion and China with companies totaling $206 billion come in third and forth, respectively.