Value of top 50 mining companies surges $600 billion from covid lows

Value of top 50 mining companies surges $600 billion from covid lows

From mining.com

Despite gold’s price slump, strong copper and iron ore prices lifted MINING.COM’s ranking of the world’s 50 most valuable miners to a new record high of $1.35 trillion at the end of the first quarter. The MINING.COM Top 50* most valuable mining companies added a combined $50 billion in market capitalization over the three months to end-March, a sharp slowdown compared to previous quarters, as the commodities rally cools and gold suffers its worst first quarter in decades. Measured from the height of the pandemic in March-April last year, the index has now recovered by an astonishing $636 billion thanks to a ... (full story)

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