7 Best Mining stocks [Monthly]
Newmont Goldcorp. (NYSE: NEM) : Newmont Mining Corp. has bought Canadian miner Goldcorp Inc. in 2019, and the new company is called Newmont Goldcorp. Newmont, an American mining company, has active gold mines in Nevada, Australia, Ghana, Peru, and Suriname. They produce and explores gold, silver, copper, zinc and lead. They have a strategic alliance agreement with Kirkland Lake Gold Ltd. S&P 500 Component. Headquarters in Greenwood Village, Colorado, USA.
Barrick Gold Corporation (NYSE: GOLD, TSX: ABX) : The largest gold mining company in the world. Products - Gold Silver Copper. Operations in Argentina, Australia, Canada, Chile, the Dominican Republic, Papua New Guinea, Peru, Saudi Arabia, the United States and Zambia. : Barrick Nevada, Pueblo Viejo, Veladero mine, Lagunas Norte mine, Kalgoorlie, Porgera, Turquoise Ridge, Hemlo, Golden Sunlight mine, Pascua Lama. S&P/TSX 60 component. Headquarters in Toronto, Ontario, Canada.
Agnico Eagle Mines Limited (NYSE: AEM, TSX: AEM) : Canadian Gold producer. Operating in Canada, Finland, Mexico and United States. They are extending exploration and development activities to the United States. Agnico Eagle has full exposure to higher gold prices consistent with its policy of no-forward gold sales. In 1953, five struggling mining companies joined together to become Cobalt Consolidated Mining. When the company changed its name to Agnico Mines. "Agnico" is derived from the periodic table of elements using the symbols for silver (Ag), nickel (Ni) and cobalt (Co). S&P/TSX 60 component. Headquarters in Toronto, Ontario, Canada.
Freeport-McMoRan Inc. (NYSE: FCX) : American mining company. It is the world's largest producer of molybdenum, and one of the largest producers of copper. It opreates in Africa, Europe, North America, South America and Indonesia. Created in 1981 through the merger of Freeport Minerals, formerly Texas Freeport Sulphur Company and McMoRan Oil & Gas Company. The company became known as Freeport Sulphur, and later changed its corporate name to Freeport Minerals. Industry : Mining. S&P 500 Component. Headquarters: Phoenix, Arizona, United States.
Kirkland Lake Gold Inc. (NYSE: KL, TSX:KL, ASX: KLA) : Canadian gold mining and consulting/investment company. It owns and operates several gold mines in Canada and Australia. Industry : Mining. Founded in 1988 as Goldpac Investments and operated as Brimstone Gold Corp. > It was re-named Foxpoint Resources Ltd. > It re-named as Kirkland Lake Gold. Headquarters: Toronto, Ontario, Canada.
Kinross Gold Corporation (NYSE: KGC, TSX: K) : Canadian-based gold and silver mining company. It operates eight active gold mines in Brazil, Ghana, Mauritania, Russia and the United States. Its mines are Fort Knox Gold Mine, Round Mountain Gold Mine, Bald Mountain mine, Paracatu mine, Tasiast Gold Mine, Chirano Gold Mine, Kupol Gold Mine, Dvoinoye Gold Mine. Industry : Metals and Mining. Founded in 1993 following the amalgamation of three companies: Plexus Resources Corporation, CMP Resources and numbered company. Headquarters: Toronto, Ontario, Canada.
AngloGold Ashanti Limited (NYSE: AU, JSE: ANG, ASX: AGG) : South African-based global gold mining company. It produces 4.98 million ounces of gold, estimated to be seven percent of the global production. Formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation. It is the world's third-largest producer of gold, behind Barrick Gold and Newmont Mining. Industry : Mining. Headquarters: Johannesburg, South Africa.
Wheaton Precious Metals (NYSE: WPM, TSX: WPM, FWB: SII) : A multinational Canadian precious metals streaming company. It produces over 26 million ounces and sells over 29 million ounces of silver mined by other companies including Barrick Gold and Goldcorp as a by-product of their main operations. Silver Wheaton was established in 2004 and it was previously controlled by Goldcorp until 2006 when Goldcorp's sale of 18 million shares reduced its ownership to 48%. In 2008 Goldcorp divested itself completely of Silver Wheaton. Headquarters in Vancouver, Canada.
Royal Gold (NASDAQ: RGLD) : It is one of the world's leading precious metals stream and royalty companies. It owns a large portfolio of producing, development, evaluation and exploration stage streams and royalties on properties. It engages in the acquisition and management of precious metal streams, royalties and similar production-based interests. Industry : Mining. Founded in 1981 as Royal Resources, Inc., that was an oil-exploration company. S&P 400 Component. Headquarters: Denver, Colorado, USA.
Pan American Silver Corporation (NASDAQ: PAAS, TSX: PAAS) : Canadian mining company. It produeces gold, silver, zinc and copper. It is one of the world's biggest silver producers, extracted 25 million ounces of Silver in 2017. It has mines and other projects in Mexico, Peru, Bolivia, and Argentina. It has six operating mines : La Colorada Mine in Sonora in Mexico, Dolores Mine in Chihuahua in Mexico, Huaron Mine in Pasco Region in Peru, San Vincente Mine in Potosí Department in Bolivia, Manantial Espejo Mine in Santa Cruz in Argentina, Morococha Mine in Junín Region in Peru. Industry : Metals. It was founded in 1994. Headquarters: Vancouver, British Columbia, Canada.