5 Most Valuable Mining Companies in the World

In this brief article, we’ll discuss the giants in the world’s mining sector and their current market standing. If you want more information on how these corporations impact the supply chain of many crucial metals and materials, read 20 Most Valuable Mining Companies in the World. 

5. Southern Copper Corporation (NYSE:SCCO)

Market Capitalization: $54.53 billion

Southern Copper Corporation (NYSE:SCCO), a leading integrated copper producer globally, is based in Phoenix, Arizona. It operates major mining and smelting facilities in Mexico and Peru, countries rich in copper reserves. The company’s significant mines include the Cuajone and Toquepala mines in Peru and the Buenavista mine in Mexico. In the third quarter of 2023, Southern Copper Corp (NYSE:SCCO) reported a net income of $619.5 million, a 19.4% rise compared to the $519.0 million in the same quarter of 2022. Additionally, the company produced 226,120 tons of copper during this period.