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Companies
TSX: FVIGoldFortuna MiningCanadian precious-metals miner, formerly Fortuna Silver Mines, that entered West Africa through the acquisition of Roxgold in 2021. It is listed in Toronto and New York.
LSE: GLENDiversifiedGlencoreAnglo-Swiss commodity trader and miner listed in London and Johannesburg, and a member of the FTSE 100. Its industrial mining division spans copper, cobalt, zinc, nickel, coal and ferroalloys, complementing one of the world's largest physical commodity marketing businesses.
TSX: IVNCopperIvanhoe MinesCanadian mining company founded by Robert Friedland that has built its business around three flagship discoveries in southern Africa. It is listed on the Toronto Stock Exchange and is a member of the S&P/TSX Composite Index.
HKEX: 1208CopperMMGMelbourne-headquartered base metals miner majority owned by China Minmetals, which holds a 67.49% stake. It is listed on the Hong Kong Stock Exchange and operates copper and other base metal mines across several continents.
NYSE: NEMGoldNewmontAmerican gold miner based in Denver and incorporated in 1921, the only gold producer in the S&P 500 and, by output, the world's largest. Its 2023 acquisition of Newcrest Mining added Australian and Canadian assets to a portfolio that already spanned the Americas, Africa and the Asia-Pacific.ASX: SFRCopperSandfire ResourcesAustralian copper miner founded in 2003 that rose to prominence through the DeGrussa copper-gold discovery in Western Australia. It later expanded internationally, including into Botswana, and is listed on the ASX.
JSE: SSWPGMsSibanye-StillwaterJohannesburg-based precious metals group built through a run of acquisitions after Gold Fields spun off its older South African gold mines in the early 2010s. It is one of the world's largest primary producers of platinum, palladium and rhodium and a major gold producer. Richard Stewart, who succeeded founding CEO Neal Froneman, has put further dealmaking on hold in favour of cost cuts and organic projects.
ASX: S32DiversifiedSouth32Diversified miner spun out of BHP Billiton on 18 May 2015 to house a portfolio of aluminium, manganese, coal and base-metal assets. It is listed in Perth with secondary listings in Johannesburg and London.
SSE: 601899CopperZijin MiningPartly state-owned Chinese miner headquartered in Fujian province and dual-listed in Shanghai and Hong Kong. It has expanded aggressively into Africa over the past decade to become one of the continent's largest copper investors.