In this article, we cover the 10 Best American Mining Stocks to Buy Now.
Gold’s explosive rally to record highs above the $3,500 an ounce level continues to captivate investors. The rally comes as the global mining sector evolves at a rapid pace amid increasing demand for raw materials needed to power modern industry, technology infrastructure, and agriculture.
“Geopolitical and trade tensions are finally pushing critical mineral supply chains to top of mind,” analysts led by Carlos De Alba told clients.
Rising metal prices, driven by the US-China trade war, global tariffs, and economic uncertainty, have intensified demand for both precious metals like gold and essential minerals such as lithium and copper, which are crucial to the electric vehicle boom. In response, central banks are increasing gold reserves to hedge against currency volatility, further fueling price surges. Amid this backdrop, the United States has solidified its position as a mining powerhouse, hosting major companies that bolster both its economy and global supply chains. To counter trade imbalances in raw materials, the U.S. government has committed billions to developing new domestic mines and refining infrastructure.
The investments come as the U.S. mining sector contributes approximately $85 billion to the gross domestic product while employing over 400,000 people. Saudi Arabia reiterates its focus on strengthening economic ties with the U.S. while exploring joint investment opportunities in the mining sector. The investment spree is expected to create unique opportunities in the U.S. mining sector.
Experts from the National Mining Association highlight a renewed push under the Trump administration to strengthen domestic mineral production. With executive orders aimed at streamlining permitting and reducing regulatory delays, the U.S. is positioning itself as a global leader in mining critical minerals like lithium, copper, and rare earths. This is seen as essential for national security, energy independence, and tech competitiveness.
Photo by Artyom korshunov on Unsplash
Our Methodology
To curate the list of top American mining stocks, we utilized the Finviz screener to identify U.S.-based companies engaged in the exploration and extraction of critical minerals. We refined the selection to those with positive year-to-date performance as of September 8 and notable interest from elite hedge funds, based on Q2 2025 filings. The final ranking is based on the number of hedge funds holding positions in each stock.
Why are we interested in the stocks that hedge funds pile into? The reason is straightforward: our research has demonstrated that we can outperform the market by replicating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Best American Mining Stocks to Buy Now
10. American Resources Corporation (NASDAQ:AREC)
Year-to-Date Gain: 183.33%
Number of Hedge Fund Holders: 1
American Resources Corporation (NASDAQ:AREC) is one of the top American mining stocks to consider for investment. On August 27, one of the company’s subsidiaries, ReElement Technologies, entered into a memorandum of understanding with Principal Mineral Co.
This strategic partnership will establish the most adaptable and efficient rare earth midstream infrastructure globally, strengthening U.S. defense capabilities, enhancing supply chain stability, and accelerating domestic production. By eliminating handoffs and inefficiencies, the American Resources Unit seeks to provide a secure and scalable supply of rare earth products, thereby ensuring national security and economic leadership.
Mark Jensen, CEO and chairman of ReElement, commented, “Adam Johnson and the Principal Mineral team bring an incredible level of experience and vision to this alliance. By uniting the complete midstream process – from recycled and mined rare earth materials to high-purity fluoride and metal – in a single U.S. facility, we’re breaking the choke points that have long left our nation vulnerable.”
American Resources Corporation (NASDAQ:AREC) is a raw materials and technology company that extracts, processes, and recycles critical and rare earth elements. Through its operating segments, the company produces metallurgical coal from its Kentucky and West Virginia assets, and purifies rare earth and critical minerals from waste streams.
9. Iperionx Ltd. (NASDAQ:IPX)
Year-to-Date Gain: 37.09%
Number of Hedge Fund Holders: 3
Iperionx Ltd. (NASDAQ:IPX) is one of the top American mining stocks to buy now. On September 2, the company reiterated plans to accelerate the buildout of titanium in the U.S. It also intends to deliver the largest-scale and lowest-unit-cost production.
Backed by a patented technology portfolio, Iperionx is engineering the next step in reducing cost and manufacturing titanium components. The company has also started building a fully integrated titanium supply chain that can serve the defense, aerospace, automotive, and consumer electronics segments.
Consequently, the company has confirmed that the nameplate titanium powder capacity has increased by 60% to 200 metric tons per year. The increase is driven by operational and technology process improvements at no additional capital expenditure. On the other hand, the costs of the titanium powder unit have already dropped to $55 per kilogram at full utilization.
Iperionx Ltd. (NASDAQ:IPX) is a leading titanium metal and critical materials company. It leverages patented metal technologies to produce high-performance titanium alloys from titanium minerals or scrap titanium at lower energy, cost, and carbon emissions.
8. U.S. Gold Corp (NASDAQ:USAU)
Year-to-Date Gain: 102.11%
Number of Hedge Fund Holders: 4
U.S. Gold Corp (NASDAQ:USAU) is one of the best American mining stocks to buy now. On August 27, the company announced that its subsidiary, Gold King Corp., had signed a contract with Cheyenne Light, Fuel, and Power, a subsidiary of Black Hills Corp.
The agreement paves the way for the supply of power to the company’s CK Gold Project in southwest Wyoming. Consequently, plans are underway to construct a power line that will serve the mining project. Black Hills Corp. is to begin core construction, planning, engineering, and procurement activities for the supply of 30 MW of power to the project.
“CLFP has provided us with excellent engineering support and power solutions that will enhance the CK Gold Project,” said Kevin Francis, Vice President of Exploration & Technical Services at U.S. Gold Corp.
U.S. Gold Corp has already completed a Preliminary Feasibility Study at the CK Gold Project, an advanced-stage gold and copper project.
U.S. Gold Corp (NASDAQ:USAU) is a gold and precious metals exploration and development company that aims to advance mineral properties in the United States to potential production. The company’s primary assets include the CK Gold Project in Wyoming, the Keystone Project in Nevada, and the Challis Gold Project in Idaho.
7. Vista Gold Corp. (NYSE:VGZ)
Year-to-Date Gain: 136.21%
Number of Hedge Fund Holders: 4
Vista Gold Corp. (NYSE:VGZ) is one of the best American mining stocks to buy now. On August 21 at the Emerging Growth Conference 85, the company confirmed a strategic change at its Mt Todd Gold Project. Part of the changes includes a scaling down of the project as part of an effort to lower initial capital costs and optimize operational efficiency.
A reduction in scale from 50,000 to 15,000 tons per day should allow the company to cut costs by 59%. Amid the cuts, Vista Gold is poised to produce 153,000 ounces of gold annually at the mine. Consequently, it is expected to generate more than $1.1 billion, with a gold price averaging over $2,500 per ounce.
Additionally, Vista Gold has already begun exploring joint ventures and self-financing options to advance the Todd Gold project. Currently, it maintains a cash balance of $13.2 million with a quarterly burn rate of between $1.5 million and $1.7 million.
Vista Gold Corp. (NYSE:VGZ) is a gold project development company, with its primary asset being the Mt. Todd gold project located in the Northern Territory, Australia. As a development-stage company, its focus is on advancing the Mt Todd project, a large, undeveloped gold property featuring substantial existing infrastructure and all major permits required for development.
6. Ramaco Resources, Inc. (NASDAQ:METC)
Year-to-Date Gain: 163.12%
Number of Hedge Fund Holders: 14
Ramaco Resources, Inc. (NASDAQ:METC) is one of the best American mining stocks to buy now. On August 29, Benchmark reiterated a ‘Buy’ rating on the stock and a $24 price target. The positive stance follows the stock’s remarkable return over the past six months with a 124% gain.
Additionally, Benchmark reiterated a ‘Buy’ rating following meetings with the company’s Chairman & CEO, Randy Atkins, CFO Jeremy Sussman, and EVP for Critical Minerals Mike Woloschuk. The research firm gained valuable insights into Ramaco Resources’ metallurgical coal operations and its emerging activities in rare earth elements.
The senior management team reiterated that they are ramping up operations for rare earth and critical minerals in Wyoming, thereby positioning the company for long-term growth. Ramaco Resources has successfully completed its underwritten public offering of Class A common stock, generating roughly $200 million in gross proceeds, raising significant capital to accelerate the development of its rare earth elements and critical minerals project.
The remarks also come as Ramaco Resources approves a quarterly cash dividend of $0.1918 per share, affirming its commitment to returning value to shareholders.
Ramaco Resources, Inc. (NASDAQ:METC) is a company that mines and processes metallurgical coal in Central Appalachia for steel producers. It also develops projects in Wyoming for the extraction of rare earth elements (REEs), critical minerals, and coal-based products.
5. Ivanhoe Electric Inc. (NYSE:IE)
Year-to-Date Gain: 11.78%
Number of Hedge Fund Holders: 15
Ivanhoe Electric Inc. (NYSE:IE) is one of the best American mining stocks to buy now. On September 4, National Bank Financial initiated coverage on Ivanhoe Electric Inc. with an Outperform rating and a price target of C$18.00, citing its advanced mineral exploration capabilities and strategic importance to U.S. supply chain goals.
The firm highlighted Ivanhoe’s flagship Santa Cruz Copper Project in Arizona, which is expected to deliver domestic copper cathode to support national resource independence. Analysts also emphasized Ivanhoe’s proprietary Typhoon technology and its majority-owned Computational Geosciences Inc., which enhances its ability to locate high-value copper deposits. Strategic partnerships with major mining firms and the leadership of Executive Chair Robert Friedland further strengthen the company’s outlook.
Ivanhoe Electric Inc. (NYSE:IE) is a U.S. minerals exploration and development company that uses advanced technology to discover and develop critical metals like copper for electrification. The company also manufactures grid-scale vanadium redox battery storage systems through its control of VRB Energy.
4. Warrior Met Coal, Inc. (NYSE:HCC)
Year-to-Date Gain: 11.52%
Number of Hedge Fund Holders: 30
Warrior Met Coal, Inc. (NYSE:HCC) is one of the best American mining stocks to buy now. The company announced on September 2 that it has amended and extended its revolving credit facility, boosting available commitments by $27 million to a total of $143 million. The new maturity date is set for August 28, 2030, or 91 days before its 2028 senior notes mature, whichever comes first.
This financial move aligns with the company’s preparations for the longwall startup at its Blue Creek growth project, expected to increase annual production by roughly 75%. With $1.22 billion in revenue over the past year, Warrior aims to use the added liquidity to support full-scale operations at Blue Creek.
Described as “transformational,” Blue Creek is central to Warrior Met Coal, Inc.’s (NYSE:HCC) strategy. The Alabama-based firm supplies premium metallurgical coal to steelmakers across Europe, South America, and Asia, leveraging its low-sulfur coking coal from the Blue Creek seam.
3. Cleveland-Cliffs Inc. (NYSE:CLF)
Year-to-Date Gain: 19.39%
Number of Hedge Fund Holders: 42
Cleveland-Cliffs Inc. (NYSE:CLF) is one of the best American mining stocks to buy now. On September 4, Cleveland-Cliffs Inc. announced that United States Steel Corporation, Nippon Steel Corporation, and Nippon Steel North America Inc. had voluntarily dismissed their lawsuit against the company and its executives, including CEO Lourenco Goncalves.
Filed earlier this year, the case was dismissed with prejudice, permanently closing the matter without a financial settlement. All claims were fully released, and additional terms remain confidential.
Cleveland-Cliffs Inc. (NYSE:CLF), a leading North American steel producer, emphasized the resolution as a clear vindication. The company operates a vertically integrated supply chain from iron ore mining to finished steel products, serving industries like automotive and employing around 30,000 people across the U.S. and Canada.
2. The Mosaic Company (NYSE:MOS)
Year-to-Date Gain: 33.10%
Number of Hedge Fund Holders: 54
The Mosaic Company (NYSE:MOS) is one of the top American mining stocks to consider for investment now. On August 28, the company’s board reiterated its commitment to returning value to shareholders. The board approved a quarterly dividend of $0.22 a share.
The dividend is payable on September 18, 2025, to shareholders of record as of the close of business on September 8, 2025. While the stock has gained 33% year-to-date, it continues to reward passive investors with a yield of 2.71%.
The quarterly dividend follows the delivery of solid second-quarter results, whereby Mosaic achieved net income of $411 million and diluted earnings per share of $1.29.
“The work we completed in the first six months of the year sets the stage for a strong second half, supported by improved operating performance, reduced turnaround activity, our excellent execution in Brazil, and compelling fertilizer market fundamentals. We expect to generate significant free cash flow through the balance of the year,” said President and CEO Bruce Bodine.
The Mosaic Company (NYSE:MOS) mines, produces, and distributes concentrated phosphate and potash crop nutrients for the global agriculture industry. These products are essential fertilizers that help farmers maintain healthy soils, nourish crops, and maximize yields.
1. Newmont Corporation (NYSE:NEM)
Year-to-Date Gain: 98.51%
Number of Hedge Fund Holders: 66
Newmont Corporation (NYSE:NEM) is one of the best American mining stocks to buy now. The stock has outperformed its peers on rallying by more than 30% over the past three months. Despite its strong performance, Macquarie downgraded the stock from ‘Outperform’ to ‘Neutral’ on September 2, setting a price target of $72.00.
Macquarie highlighted Newmont’s recent strategic milestones, including the integration of NCM, portfolio renationalization, asset divestments, and operational stabilization. These moves have shaped a diversified portfolio of 11 active sites and three development projects across multiple regions.
While Macquarie upgraded Newmont in June, citing reduced guidance risk and strong diversification, the firm now sees the stock’s recent rally as having fully priced in those advantages, prompting a reassessment of its investment stance.
Newmont Corporation (NYSE:NEM) is the world’s leading gold company, also producing copper, silver, zinc, and other metals. The company operates a global portfolio of mines and projects spanning Africa, Australia, North America, Papua New Guinea, and Latin America & the Caribbean.
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