5 Largest Mining Companies by Market Cap

4. Freeport-McMoRan Inc. (NYSE: FCX)

Market Cap: $59.8 billion
Number of Hedge Fund Holders: 68

Freeport-McMoRan Inc. (NYSE: FCX) is an American mining company based in Phoenix, Arizona. It operates geographically diverse assets with significant proven and probable reserves of copper, gold, and molybdenum. The company’s portfolio of assets includes the Grasberg minerals district in Indonesia, which is one of the largest copper and gold deposits.

It also has significant mining operations in South and North America. According to the annual reports 2020, the company’s consolidated copper and gold sales were a record 3.2 billion pounds and 0.9 million ounces, respectively. Moreover, Freeport-McMoRan Inc. (NYSE: FCX) generated $14.2 billion in revenues in the same year. With $59.8 billion, the company is one of the largest mining companies by market cap.