• News
  • Markets
  • Intelligence
  • Careers
  • Education
  • Newsletter
  • Profile
  • Sign out
  • TOP 50
  • Gold
  • Copper
  • Battery Metals
  • More
    • Iron Ore
    • Lithium
    • Rare Earth
    • Nickel
    • Coal
    • Uranium
    • Cobalt
    • Diamond
    • Zinc
    • Platinum
    • Palladium
    • Silver
    • Potash
  • USA
  • Canada
  • Australia
  • More
    • Africa
    • China
    • Latin America
    • Europe
    • Asia
  • MAPS
Advertise

RANKED: Top 20 mining companies – capital raised in 2020

MINING.com Editor | October 27, 2020 | 12:20 pm

The extraction of metals and minerals is a capital intensive endeavour. Mining companies require hundreds of millions of dollars – and in many cases, billions – to take a project from exploration to production.

Using data provided by Miningintelligence, we have listed those that have raised significant amounts of capital year-to-date.

Leading the pack is Australia’s Newcrest Mining, raising nearly $782.5 million so far in 2020. The firm recently gave the go-ahead on an expansion of its flagship Cadia mine, which would consume a large portion of that funding.

The second and third places are also occupied by Australian companies: fertilizer and mining services firm Incitec Pivot ($389 million) and rare earths producer Lynas Corp. ($309 million).

Unsurprisingly, with the gold price riding high, gold mining companies and explorers have been successful in attracting capital and feature prominently on the list.

RANKED: Top 20 mining companies – capital raised in 2020

Click on the table for free Excel downloads from the Miningintelligence database of over 37,000 projects, 16,000 companies and 2 million source documents.

Image: Coronado Global Resources


7100 1
  • Share

Mining.com Recommends

China covid-19 outbreak halts copper price rally

"Commodities had a phenomenal run, and that just screams correction."
MINING.COM Staff Writer | January 22, 2021 | 1:42 pm

Snapshot: key lithium mining projects around the world

Europe makes strides to reduce dependency on Chinese battery supply chain, but downstream won’t be so easy, Fitch says.
MINING.com Editor | January 22, 2021 | 1:20 pm

TIMELINE: The battle for Simandou

Simandou in Guinea is home to the world's richest untapped deposits of iron ore.
Reuters | January 22, 2021 | 11:52 am

Gold stocks’ upleg intact

Gold stocks’ young upleg remains intact despite January’s sharp selloff.
Adam Hamilton - Zeal Intelligence | January 22, 2021 | 11:35 am

Comments

Leave a Reply to Copper Bull Cancel reply

Your email address will not be published. Required fields are marked *

  • Copper Bull

    October 28, 2020 at 12:47 pm

    Incitec is hardly a mining company, Osisko Gold Royalties – well, the name says it all, etc.

    Reply
    • Terms of Use
    • About Us
    © 2021 Glacier Media Group, All Rights Reserved
    • Advertise
    • Contact Us