The world’s 100 largest mining companies sold a staggering $946.4 billion worth of minerals and metals in 2024 and were collectively valued at $1.83 trillion as of June 2025, according to GLOBALmining100, a new landmark report by Mining Beacon.

The GLOBALmining100 is part of Mining Beacon’s ongoing series of in-depth industry reports. As the global news and research platform of Beacon Events—organisers of the International Mining and Resources Conference + Expo (IMARC) in Australia and Resourcing Tomorrow in the UK—Mining Beacon delivers insight at the intersection of market intelligence and strategic industry shifts.

This latest report offers a compelling snapshot of the evolving global materials sector, highlighting a profound shift in the industry’s centre of gravity. It charts a mining landscape increasingly defined by geopolitical disruption, decarbonisation imperatives, and the rise of a new generation of market players.

According to the report, higher average copper and gold prices helped offset softer thermal coal and iron ore markets, which collectively produced $946.4 billion of minerals and metals in 2024 versus $925.56 billion in 2023.

Copper at $173.81 billion and gold at $131.81 billion were two of top three minerals and metal revenue generators for the Top 100 in 2024. Thermal coal ($131.97 billion) and iron ore ($130.65 billion) were other major income generators for the world’s leading miners, along with bauxite, alumina and aluminium at a combined $85.83 billion.

Canadian oil sands majors mined and sold $54 billion of the energy commodity last year.

The Mining Beacon Top 100 also produced and sold circa-$145 billion worth of coking coal, zinc, nickel, silver, lithium, uranium, rare earth elements, platinum group metals and fertiliser minerals in 2024.

The exclusive June 2025 GLOBALmining100 report provides a unique snapshot of an international primary materials supply industry that has assumed elevated geopolitical, economic and social importance post-COVID on the back of military conflicts, trade sanctions and wars, and surging energy transition demand for certain minerals and metals.

AI-led technology sector demand for energy, electrification and other critical materials has also intensified the spotlight on a global primary mining and metals industry largely still prospering on major mineral discoveries and province builds of yesteryear.

There are 11 companies in the Top 100 global miners born before 1900, including six of the top 50, and the average age of the Top 100 is 53. The average age of the top 50 companies is 60.

There are six Gen Alpha companies in the Top 100 global miners and 30 companies overall born this century.

The key generational shift in global mining in the past three decades has been the integration and growth of China-based international mining and metals heavyweights. The average age of the nine Chinese companies in the top 50 is 29. In the Top 100, 14 Chinese companies have an average age of 28.

Overall, the Mining Beacon Top 100 global miners are headquartered in Canada (25), Australia (18), China (12) and USA (12), South Africa (6), Russia (4) and England (4), India (3) and Indonesia (3), and Sweden (2) and Chile (2).

Ninety-six of the Top 100 are stock-exchange-listed companies. They had a combined market value of $1.836 trillion as of June 20, 2025, with the top 50 worth $1.48 trillion at that time.

The GLOBALmining100 ranking is based on 2024 minerals and metals revenues, not public market values. Revenue numbers do not include trading and other non-mining income.

The Top 100 global miners had 2,561,141 people working at their sites at the end of 2024 and they reported 397 fatalities in total in the past two years (205 in 2024).

Four of the Mining Beacon Top 100 global miners had female CEOs at the end of 2024.

“The GLOBALmining100 shows how both legacy giants and rising players are reshaping the mining landscape not just by what they produce, but how and where they operate,” said Richard Roberts, Editorial Director, Mining Beacon. 

Access the full report now at miningbeacon.com.

For more information, please visit the IMARC Website.

About IMARC: Collaborating on trends in mining, investment and innovation towards a sustainable future

IMARC is the premier gathering for the most influential minds in the mining industry, a dynamic hub where ideas ignite, and inspiration flows – it is the ultimate meeting ground for global industry leaders. As Australia’s largest and most significant mining event, IMARC attracts over 9,000 decision-makers, industry leaders, policymakers, investors, commodity buyers, technical experts, innovators, and educators from more than 120 countries. For three action-packed days, attendees will engage in cutting-edge learning, forge valuable deals, and experience unparalleled networking opportunities.

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