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📈 The combined market capitalization of the world’s 50 largest mining companies reached USD 2.17 trillion as of July, according to Mining.com’s monthly ranking. Stronger gold and copper prices continued to support valuations across the sector, lifting the group’s total market value by USD 18 billion during July and USD 26 billion since the beginning of the year.

🥇 BHP retained its position as the world’s most valuable mining company, with a market capitalization of USD 215.77 billion, followed by Rio Tinto at USD 165.84 billion and Southern Copper at USD 152.44 billion.

🇨🇳 Zijin Mining recorded one of the most notable gains, with its market capitalization rising by USD 24 billion, or 23.8%, in July to approximately USD 125 billion. The increase pushed the Chinese miner past Newmont into fourth place globally, highlighting the strong re-rating of major copper and gold producers.

📌 Key Takeaways

• Top 50 mining companies: USD 2.17 trillion combined market value

• July increase: USD 18 billion

• Year-to-date increase: USD 26 billion

• BHP remains No. 1 at USD 215.77 billion

• Zijin Mining rises to No. 4 at USD 125 billion

💡 Ard Insight
The continued rise in mining valuations reflects stronger investor exposure to gold and copper, commodities increasingly supported by safe-haven demand, electrification and long-term infrastructure investment. Zijin Mining’s sharp revaluation also underscores the growing weight of Chinese producers among the world’s largest listed mining groups.

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