From smartphones to cars and roads, mining precious metals and minerals is certainly not a fad, it’s essential. Due to its longevity and imminence in our modern society, most investors may see the value in that alone. With the increasing global demand for these metals and minerals and their importance to numerous industries, more investors are turning their attention to mining stocks.
Mining companies closed out 2017 on a high note, as the market capitalization of the top 25 mining global companies increased by $195.86 US billion. The top 25 global mining companies market cap amounted to $753.59 billion last year, which is an increase of 35% from 2016. The top 5North American mining companies by market cap in 2017 were as follows:
CLICK HERE TO SEE THE 3 MINING STOCKS TO WATCH THIS QUARTER + WHICH COMPANIES TOPPED 2017’s LEADERS LIST