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CANADIAN MINING PERSPECTIVE: Sixteen Canadians among world’s 100 largest mining companies

The list of the world's 100 largest mining companies, judged by market value, begins with BHP Billiton and end...


The list of the world’s 100 largest mining companies, judged by market value, begins with BHP Billiton and ends with Kailuan Energy, including among its ranks 16 Canadian companies. The list was published by Mineweb on Jan. 12, 2010, and I found it interesting reading.

 

Sadly, there are no Canadians in the top five, but Suncor Energy of Calgary was No.6. Barrick Gold of Toronto tagged in at No.8, with PotashCorp of Saskatoon and Toronto’s Goldcorp ranking 11th and 12th.

 

The largest miners have two things in common – their global reach and their diversified mix of products. The only Canadian on the list that boasts that sort of worldwide diversity is Teck Resources, and it was ranked 20th.

 

Here is a quick run-down of the top five and placements of Canadian producers.

 

Rank

Company

Market Value

(billions of US$)

 

 

 

1

BHP Billiton (Australia)

209.11

2

Vale (Brazil)

165.70

3

Rio Tinto (United Kingdom)

135.45

4

Shenhua (China)

83.70

5

Anglo American (South Africa)

60.99

6

Suncor

58.15

8

Barrick Gold

40.98

11

PotashCorp

36.31

12

Goldcorp

31.13

20

Teck Resources

23.68

33

Kinross Gold

14.34

34

Canadian Oil Sands

14.19

40

Cameco

12.51

46

Agrium

10.90

58

Yamana Gold

9.32

59

Agnico-Eagle Mines

9.32

64

Eld
orado Gold

8.08

68

Ivanhoe Mines

7.33

70

First Quantum

7.20

82

IamGold

6.29

86

Silver Wheaton

5.97

 

I rarely plug our competitors such as Mineweb, but I could not resist sharing this list with CMJ readers. The entire ranking can be read at www.Mineweb.com/mineweb/view/mineweb/en/page67?oid=95737&sn=Detail.