10 largest mining companies in the world
The mining industry stretches far and wide across the entire world, a true global industry. Here, in no particular order, Mining Global looks at 10 of the biggest mining companies in the world, taken from Forbes’ list of the world’s biggest public companies.
10 | Vedanta Resources
With interests in aluminium, copper, zinc, lead, silver and iron ore – Vedanta Resources is a global diversified company. Split up into a number of segments, Vedanta’s footprint stretches far and wide through Hindustan Zinc, Bharat Aluminium and Sesa Goa. Vedanta is a proud leader in sustainability, with highlights throughout 2016 including a $3.2 billion investment in community development, a 50 percent non-hazardous waste recycling rate and a global carbon footprint of 42 million mt.
9 | Newmont Mining
Newmont Mining is a global gold producer with significant gold and copper properties in the U.S, Australia, Peru, Indonesia, Ghana, Canada and Mexico. Newmont has well over 90 years of experience since its inception in 1921. The company is also a global frontrunner when it comes to sustainability and ethical operations, striving to maintain world class social and environmental practices.
8 | Freeport McMoRan
Freeport McMoRan is a major global player in the gold, copper and molybdenum markets. Operating across North America Copper Mines, South America Copper Mines, Africa Mining, Indonesia Mining and Molybdenum, Freeport has significant proven and probable reserves of copper, gold and molybdenum. To date, Freeport stands as the world’s largest publicly traded copper producer. As of December 2016, this stands at an estimated totalled 86.8 billion pounds of copper, 26.1 million ounces of gold and 2.95 billion pounds of molybdenum.
7 | Barrick Gold
In 2016 alone, Barrick Gold produced 5.52 million ounces of gold. More than 75 percent of its gold production comes straight out of its Americas operations, including Argentina, Canada, Dominican Republic, Peru and the U.S. The company was founded in 1983 and is projecting production levels of around 5.2/5.6 million ounces of gold for 2017.
6 | Norlisk Nickel
Norlisk Nickel is the world’s largest producers of nickel and palladium, as well as one of the world’s largest producers of platinum and copper. The company is also a producer of cobalt, rhodium, silver and gold. The Russian based mining company has a number of operations across the world, including Africa, Australia, Finland, and of course Russia.
5 | Anglo American
With a global portfolio of world-class competitive mining operations and undeveloped resources, Anglo American strives to meet the growing consumer-driven demands of the world’s developed and maturing economies. Anglo American produces copper, platinum, diamonds (through De Beers), Iron Ore Manganese, Coal and Nickel. Founded in 1917, the company boasts a global workforce of around 113, 000 people worldwide.
4 | Rio Tinto
Founded in March 1962, Rio Tinto is now recognised as one of the leading mining companies throughout the world. Operating through five product groups, including Aluminium, Copper, Diamonds and Minerals, Energy and Iron Ore. Rio Tinto currently operates in close to 32 countries across six countries, including Brazil, France, Chile and Canada but the company has the strongest footprint in Australia and North America.
3 | Coal India
Coal India Limited is an organised state owned coal mining corporate that had a production of around 79 million tonnes of coal. Coal India operates across 82 mining areas. The company has a wide number of coal and energy products, including coking coal, semi coking coal, non-coking coal, washed and beneficiated coal. The company was founded in 1973.
2 | Glencore
Glencore is a major mining player. As one of the largest global diversified natural resource commodity companies in the world, Glencore produces and trades more than 90 commodities. Glencore has active operations in Africa, South Africa, Asia, Australia, North America, South America as well as throughout Europe. In amongst its operations, which include Energy and Agriculture, Glencore’s major operation is in Metals and Minerals. Copper, Zinc & Lead, Nickel, Ferroalloys, Alumina & Aluminium and Iron Ore make up Glencore’s metals and minerals footprint.
1 | Alcoa
Alcoa, founded in 1888, is a global aluminium and metals engineer and manufacturer. Aluminium from the company is utilised in aircraft, automobiles, commercial transportation, packaging, oil and gas, defence and industrial applications all over the world. The company has seven active bauxite mines globally, operating four of them and producing more bauxite than any other company in the world.