In this article, we will list the 5 Mining Stocks with the Highest Dividends. Please visit 8 Mining Stocks with the Highest Dividends if you would like to see the extended list and the methodology behind it.
5. Aura Minerals Inc. (NASDAQ:AUGO)
Dividend Yield: 3.89%
Number of Hedge Fund Holders: 28
Aura Minerals Inc. (NASDAQ:AUGO) is one of the mining stocks with the highest dividends.
On June 18, Aura Minerals Inc. (NASDAQ:AUGO) board of directors approved a $200 million repurchase program, affirming a strong commitment to delivering returns to shareholders. The buyback aligns with the company’s impressive record of returning value through buybacks and dividends. The $200 million buyback underscores strong operational momentum and strong cash generation from the expanding production base.
The buyback also comes on the heels of Chief Executive Officer Rodrigo Barbosa reiterating significant progress across three core avenues of value creation. Aura Minerals advanced production growth through the construction of the Borborema Mine. The company has also made progress in improving mine conditions at the recently acquired MSG project amid a significant increase in mineral inventory, with Proven & Probable Mineral Reserves growing from 3.4 million GEO to 7.2 million.
Aura Minerals Inc. (NASDAQ:AUGO) is a Canadian multinational mining company focused on extracting and producing gold, copper, and silver across the Americas. The company acquires, develops, and operates both producing assets and greenfield exploration projects in countries like Brazil, Mexico, and Honduras.
4. BHP Group (NYSE:BHP)
Dividend Yield: 3.09%
Number of Hedge Fund Holders: 31
BHP Group (NYSE:BHP) is one of the mining stocks with the highest dividends.
On June 18, BHP Group (NYSE:BHP) warned it is poised to book a $2.3 billion charge due to higher costs and additional labor hours at its Jansen Stage 2 potash project in Canada. Total investment in the project is now expected to reach $6.9 billion, up from $4.9 billion approved in 2023, with first production scheduled for the 2031 financial year.
It is the third time that the company has blown past its cost and time estimates for the two stages of the project. The spike in costs deals a significant setback in the company’s bid to diversify its copper and iron ore projects. The company has been reshaping its business amid a shift to lower-carbon energy sources with investments in copper and potash. It’s part of an effort to reduce reliance on iron ore.
BHP Group (NYSE:BHP) is a leading global diversified natural resources and mining company. It extracts, processes, and markets essential commodities—such as iron ore, copper, metallurgical coal, nickel, and potash—that are fundamental to global infrastructure, everyday manufacturing, and the transition to clean energy.
3. AngloGold Ashanti plc (NYSE:AU)
Dividend Yield: 5.85%
Number of Hedge Fund Holders: 32
AngloGold Ashanti plc (NYSE:AU) is one of the mining stocks with the highest dividends.
The company also continues to return value to shareholders through buybacks. On June 12, Anglogold Ashanti PLC (NYSE:AU) announced it will hold a general shareholders meeting on July 23 to vote on a proposed $2 billion share buyback program. The board approved the share buyback in May, and the program now awaits shareholder approval.
Citi analyst Ephrem Ravi raised the price target on AngloGold Ashanti to $130 from $120, maintaining a Buy rating. Earlier, on May 11, Roth Capital’s Joe Reagor boosted his target to $121 from $103, also reiterating a Buy. Reagor noted that while first‑quarter results were mixed versus expectations, the impact on valuation was limited. The higher target reflected the rebound in gold prices, which continues to strengthen profitability prospects across the gold mining industry. Together, the upgrades highlight growing confidence in AngloGold’s outlook amid supportive commodity trends.
AngloGold Ashanti plc (NYSE:AU) is a leading global gold mining company that operates open-pit and underground mines, as well as surface metallurgical plants, across ten countries. Headquartered in Denver, Colorado, the company produces millions of ounces of gold and silver annually while conducting extensive mineral exploration to support long-term growth.
2. Rio Tinto PLC ADR (NYSE:RIO)
Dividend Yield: 4.28%
Number of Hedge Fund Holders: 40
Rio Tinto PLC ADR (NYSE:RIO) is one of the mining stocks with the highest dividends.
On June 23, BHP, Rio Tinto PLC ADR (NYSE:RIO), and Caterpillar launched a landmark trial of Cat 793 XE Early Learner battery‑electric haul trucks at BHP’s Jimblebar iron ore mine in Western Australia’s Pilbara. Following months of safety validation in the U.S., the trucks are now undergoing rigorous testing in one of the world’s most demanding mining environments.
The Pilbara’s scale and intensity make it an ideal proving ground, with Jimblebar hosting two of seven Caterpillar Early Learner trucks being tested globally. More than 100 hours of operation and 200 test laps have already provided critical data on safety, technology, and maintenance. The trial also explores high‑powered static and dynamic charging, with the next phase set to evaluate in‑motion energy transfer systems to boost efficiency.
Government leaders praised the initiative as a step toward decarbonising heavy industry and positioning Western Australia as a renewable energy powerhouse. Executives from BHP, Rio Tinto, and Caterpillar emphasized that collaboration is essential to solving the complex challenge of reducing emissions from large‑scale haulage. The trial is expected to accelerate the development of electrification technologies, supporting industry goals of lower emissions, improved energy efficiency, and sustainable mining operations.
Rio Tinto PLC ADR (NYSE:RIO) is a leading global mining and metals company. It operates across 34 countries to explore, mine, and process essential materials—such as iron ore, copper, aluminum, and lithium—that are used in global construction, industrial production, and the transition to cleaner energy.
1. Vale S.A. (NYSE:VALE)
Dividend Yield: 9.42%
Number of Hedge Fund Holders: 50
Vale S.A. (NYSE:VALE) is one of the mining stocks with the highest dividends.
On June 10, Vale S.A. (NYSE:VALE) inaugurated its first high‑tech “Model Plant” at the Conceição 2 unit in Itabira, Minas Gerais, where the company was founded 84 years ago. The facility represents a new operating model centered on data intelligence, automation, and artificial intelligence to enhance safety, efficiency, and sustainability in iron ore processing.
With an annual capacity of 11.2 million tons, the plant integrates advanced monitoring and automation systems to reduce worker exposure to hazardous conditions. More than 7,300 instruments have been automated, supported by over 100 monitoring cameras and sensors that track 400 variables across the production workflow. AI systems provide real‑time adjustments to optimize ore processing and anticipate failures, minimizing unplanned shutdowns.
Vale’s Vice President of Operations, Carlos Medeiros, described the project as a “new way of operating,” combining technology with robust governance to create safer and more predictable mining environments. The initiative took 1.5 years to implement and included 51 solutions to eliminate bottlenecks.
The Itabira plant will serve as a benchmark for expanding this model across Vale’s global operations, reinforcing the company’s strategy of building more connected, sustainable, and innovation‑driven mining systems.
Vale S.A. (NYSE:VALE) is a Brazilian multinational diversified metals and mining company and one of the largest logistics operators in Brazil. It is primarily known as the world’s largest producer of iron ore and iron ore pellets, as well as the world’s second-largest producer of nickel.
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