The world’s 25 largest mining companies at the end of June had an aggregate market capitalization of US$777.05 billion, with 19 companies posting month-over-month reductions. The June total was down 3.6% from the aggregate US$806 billion capitalization of the top-25 companies at the end of May.
BHP Billiton Group continued to hold the top spot with a June market value of US$128.09 billion, broadly unchanged month over month and 42.9% above the year-earlier level.
Shaanxi Coal Industry Co. Ltd. rejoined the June ranking in 24th place from 26th in the previous month, despite its market value having slipped 1.1% month over month to US$12.42 billion. Newcrest Mining Ltd., which posted a 2.7% gain in capitalization over the same period to US$12.36 billion, entered the listing at 25th place in June from 28th in May.
Fresnillo PLC exited the listing as it dropped from 24th to 32nd place, after market value declined by 14.5% month over month in June to US$11.12 billion. PAO Severstal slipped from 25th place in May to 28th in June, as its market capitalization fell by 8.0% to US$11.86 billion.
Of the top 25 companies, Grupo México SAB de CV led in terms of the month-over-month percentage gains with a 15.9% increase in market capitalization to US$22.35 billion, climbing three places to 11th place in the June listing. Conversely, China Molybdenum Co. Ltd. logged the largest percentage decline, of 15.4%, over the same period, falling to US$18.69 billion, slipping two places to 13th place.
