Canada has gained the status of a global mining leader. Its mining sector is ensuring a significant contribution to the prosperity of Canadians. Copper exploration is in boom and catching the eye of the world’s largest companies. In fact, the metals and minerals industry is global, dynamic & highly competitive.
It is important to note that Toronto Stock Exchange (TSX) and TSX Venture Exchange are central to almost half of the world’s public mining companies.
Top Canadian Copper Mining Companies
Here are listed the top five Canadian companies for copper mining that hold the largest share of global mining equity financing.
- Solaris Resources
Solaris Resources is one of the thriving Vancouver-based companies that conduct advanced copper and gold projects in the Americas. It is included at the top of the copper mining stock list since it mainly focuses on copper exploration. The ticker symbol of Solaris Resources, formerly called Solaris Copper, is TSX: SLS. With its new drilling for discoveries at its Warintza copper project in Ecuador, the company is focused on Andean Copper Belt. It is managed by Augusta Group, and the exploration program is designed by the world’s top explorer, David Lowell.
- Three Valley Copper Corp.
It is also among the leading copper companies based in Canada. TVC has peppering potential on producing 99.99% pure copper cathodes from its ores reserves. It has the ticker symbol of TSXV: TVC and mainly focuses on booming copper production from its primary asset, MTV in Chile. The Valley mining has over 46,000 hectares of exploratory lands mapped with over 100 copper occurrences.
- Copper Mountain Mining
CMMC is a copper-gold producing company that actively participates in copper exploration and development of its deposits. Its flagship asset is located in the Copper Mountain mine in British Columbia and contributes to the production of 100 million pounds of copper equivalent per year. The value is going to increase at 139 million pounds of copper with a mill expansion of New Ingerbelle. Its mine project is a traditional open pit operation and possesses about 140 crown-granted mineral claims.
- Lundin Mining Corp.
It is a thriving Canadian company that has various operations in Chile, Brazil, Portugal, Sweden, and the USA. It has diversified base metals production including copper, zinc, gold, and nickel. Its ticker symbol is TSX: LUN and revenue is approximately $2.7 billion with a net worth income of $222.3 million.
- First Quantum Minerals Ltd.
It operates as a mining and metals company in four continents with the main services of exploration, development, and mining of minerals. It has the ticker symbol TSX: FM and the annual revenue is about $6.9 billion according to the sources. It is a fast-growing copper company and ranked at 32 in the world. The company’s future plans focus on a more energy efficient-future.
Conclusion
Since the mining and exploration activities of high-demand metals like copper are increasing, these mining companies are playing a key role in the country’s economy. Above mentioned companies are ranked higher in the world’s leading mining companies.
