Public Comps and Valuation Multiples for Metals & Mining

Benchmark revenue and EBITDA valuation multiples for public comps like
BHP Group, Rio Tinto, Rio Tinto UK, Southern Copper and Howmet Aerospace.

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Metals & Mining

Viewing 25 of 685 companies with full data

Company	Market Cap	Enterprise Value	LTM Revenue	EV/LTM Revenue	EV/LTM EBITDA
BHP Group	$205B	$219B	$58B	3.8x	6.8x
Rio Tinto	$183B	$200B	$61B	3.3x	7.3x
Rio Tinto UK	$145B	$161B	$61B	2.6x	5.9x
Southern Copper	$144B	$146B	$15B	9.6x	15.4x
Howmet Aerospace	$109B	$111B	$9.1B	12.3x	39.2x
Zijin Mining	$109B	$119B	$60B	2.0x	6.7x
Newmont	$96B	$93B	$25B	3.7x	5.8x
Grupo México	$89B	$89B	$20B	4.4x	7.6x
Freeport-McMoRan	$84B	$91B	$27B	3.3x	8.3x
Glencore	$82B	$121B	$270B	0.4x	7.1x
Agnico Eagle	$68B	$65B	$14B	4.5x	6.5x
Maaden	$60B	$67B	$10B	6.4x	15.3x
Vale	$60B	$77B	$40B	1.9x	4.8x
Nucor	$54B	$59B	$36B	1.6x	10.2x
CMOC Group	$53B	$51B	$33B	1.5x	6.3x
Anglo American	$50B	$60B	$20B	3.0x	8.1x
ArcelorMittal	$50B	$59B	$64B	0.9x	8.0x
Antofagasta	$48B	$50B	$9.5B	5.2x	8.2x
Wheaton Precious Metals	$47B	$45B	$3.2B	14.1x	17.0x
Fortescue	$41B	$42B	$17B	2.5x	4.8x
AngloGold Ashanti	$39B	$38B	$12B	3.3x	5.1x
Franco-Nevada	$38B	$37B	$2.2B	16.7x	18.3x
Shandong Hongqiao	$35B	$36B	$24B	1.5x	5.7x
Shaanxi Coal Industry	$35B	$33B	$25B	1.3x	4.8x
Steel Dynamics	$34B	$38B	$21B	1.8x	12.2x
Zijin Gold	$33B		$7.5B
JSW Steel	$31B		$20B
Gold Fields	$29B		$11B
Carpenter Technology	$28B		$3.2B
China Hongqiao Group	$28B		$25B
Coal India	$27B		$18B
Kinross Gold	$27B		$8.5B
Teck Resources	$27B		$9.3B
ATI	$25B		$4.8B
Cerro Verde	$25B		$5.1B
Fresnillo	$24B		$5.5B
Tata Steel	$24B		$25B
Hindustan Zinc	$23B		$4.7B
Yankuang Energy	$22B		$22B
Bayan Resources	$22B		-
China Coal Energy	$22B		$23B
First Quantum Minerals	$22B		$5.9B
Hindalco	$22B		$30B
Aluminum Corporation of China	$20B		$37B
Reliance	$20B		$15B
Lundin Mining	$20B		$4.4B
China Northern Rare Earth	$20B		$7.1B
Sociedad Química y Minera	$20B		$6.4B
Northern Star Resources	$19B		$5.4B
Nippon Steel	$19B		$65B
Baosteel	$19B		$47B
Industrias Peñoles	$18B		$11B
Jiangxi Copper	$17B		$89B
Valterra Platinum	$17B		$8.2B
Pan American Silver	$17B		$4.3B
China National Nuclear Corporation	$17B		$2.8B
Norsk Hydro	$17B		$22B
National Atomic Co	$17B		-
Royal Gold	$16B		$1.5B
POSCO Holdings	$16B		$49B
Amman Mineral Internasion	$16B		$3.2B
KGHM	$16B		$12B
Managem	$15B		$1.8B
Evolution Mining	$15B		$3.9B
Shandong Gold Mining	$15B		$17B
Boliden	$15B		$11B
Coeur Mining	$15B		$3.9B
Albemarle	$14B		$5.8B
Korea Zinc	$14B		$13B
Ganfeng Lithium	$14B		$5.5B
Lundin Gold	$13B		$2.1B
Mueller Industries	$13B		$4.5B
South32	$12B		$6.7B
Alamos Gold	$12B		$2.2B
Alcoa	$12B		$14B
Lynas Rare Earths	$11B		$754M
Endeavour Mining	$11B		$4.9B
Lloyds Metals & Energy	$11B		$2.2B
Jindal Steel	$11B		$6.1B
Jordan Phosphates Mines	$11B		-
New Gold	$11B		$1.5B
Zhejiang Huayou Cobalt	$10B		$13B
SSAB AB (publ)	$10B		$11B
Vedanta	$10B		$8.7B
Ivanhoe Mines	$10B		$663M
Implats	$9.8B		$8.3B
PLS Group	$9.8B		$1.4B
Hecla Mining	$9.6B		$1.5B
Harmony Gold Mining	$9.3B		$6.1B
Hudbay Minerals	$8.9B		$2.6B
Severstal	$8.9B		-
China Steel	$8.9B		$10B
Ternium	$8.8B		$17B
Aurubis	$8.7B		$26B
Gerdau	$8.6B		$14B
Minas Buenaventura	$8.5B		$2.1B
thyssenkrupp	$8.4B		$37B
MP Materials	$8.1B		$346M
Zhaojin Mining Industry	$7.9B		$2.8B
Mineral Resources	$7.9B		$4.4B
South Bow	$7.9B		$2B
First Majestic Silver	$7.7B		$1.5B
DPM Metals	$7.4B		$1.2B
Commercial Metals	$7.3B		$9.1B
Eldorado Gold	$7.2B		$2.4B
Metlen Energy & Metals	$7.2B		$8.5B
Equinox Gold	$6.7B		$2.8B
Capstone Copper	$6.6B		$2.6B
G Mining Ventures	$6.4B		$687M
Jindal Stainless	$6.3B		$4.7B
Erdemir	$6B		$5.3B
Minsur	$5.9B		$3.1B
Rusal	$5.8B		-
Sandfire Resources	$5.8B		$1.6B
NexGen Energy	$5.8B		$389K
CSN Mineração	$5.8B		$3.2B
Sibanye Stillwater	$5.7B		$9.2B
Northam Platinum Holdings	$5.6B		$3.3B
ESAB	$5.6B		$2.9B
Triple Flag Precious Metals	$5.6B		$457M
Kumba Iron Ore	$5.5B		$4.1B
Cleveland-Cliffs	$5.3B		$20B
Artemis Gold	$5.3B		$909M
SSR Mining	$5.2B		$2B
OR Royalties	$5.2B		$349M
Viohalco	$5.1B		-
Discovery Silver	$5.1B		-
OceanaGold	$5B		$2.4B
B2Gold	$4.8B		$3.6B
Danieli & C. Officine	$4.8B		$4.6B
Kobe Steel	$4.7B		$16B
Merdeka Gold Resources	$4.7B		-
Greatland Resources	$4.7B		$1.5B
Minera Frisco	$4.7B		-
Acerinox	$4.7B		$7B
Grupo Simec	$4.5B		-
Genesis Minerals	$4.4B		$1.2B
Montage Gold	$4.4B		$35M
Perseus Mining	$4.3B		$1.5B
Aura Minerals	$4.2B		$1.3B
Industrias CH	$4.2B		$1.9B
Core Natural Resources	$4.2B		$4.3B
Century Aluminum	$4.1B		$3B
Aperam	$3.9B		$7.5B
Almonty Industries	$3.8B		-
Constellium	$3.8B		$9.5B
Ramelius Resources	$3.8B		$768M
Capricorn Metals	$3.8B		$532M
NGEx Minerals	$3.7B		-
K92 Mining	$3.6B		$787M
IGO	$3.5B		$283M
Torex Gold Resources	$3.5B		$1.8B
İsdemir	$3.5B		-
Aluminium Bahrain	$3.5B		$4.2B
Koza Altin	$3.4B		$584M
Vault Minerals	$3.3B		$1.4B
Sims	$3.3B		$5.8B
Salzgitter	$3.3B		$11B
Grupa Kety	$3.3B		$1.6B
Orla Mining	$3.2B		$1.4B
Mitsubishi Materials	$3.2B		$12B
Evolution Metals & Technologies	$3.1B		$9M
Skeena Resources	$3.1B		$199K
Hochschild Mining	$3B		$1.5B
Regis Resources	$3B		$1.7B
Centerra Gold	$3B		$1.6B
Liontown	$3B		$543M
Outokumpu	$2.9B		$6.9B
Westgold Resources	$2.9B		$1.7B
Energy Fuels	$2.8B		$111M
Aris Mining	$2.8B		$1.3B
Peabody Energy	$2.7B		$4.1B
Alleima	$2.7B		$2B
Aya Gold & Silver	$2.7B		$350M
Wesdome Gold Mines	$2.7B		$805M
Seabridge Gold	$2.6B		-
Metalúrgica Gerdau	$2.6B		$244M
Allied Gold	$2.6B		$1.8B
Nickel Industries	$2.6B		$1.8B
Kaiser Aluminum	$2.6B		$4B
Shandong Humon Smelting	$2.6B		$19B
Taseko Mines	$2.6B		-
Jiaxin International Res	$2.5B		$472M
Denison Mines	$2.5B		-
Ero Copper	$2.5B		$1B
Aluminium of Egypt	$2.5B		$1B
Fortuna Mining	$2.4B		$1.2B
Pan African Resources	$2.4B		$1.2B
QAMCO	$2.4B		-
Emerald Resources	$2.3B		$436M
Novagold Resources	$2.2B		-
Endeavour Silver	$2.2B		$682M
West African Resources	$2.2B		$1.6B
Pucobre	$2.1B		-
Predictive Discovery	$2.1B		$703M
Perpetua Resources	$2.1B		$4M
AVZ Minerals	$2.1B		-
Emsteel	$2B		-
Ternium Argentina	$2B		-
African Rainbow Minerals	$2B		$1B
Granges	$2B		$3.4B
Nanshan Aluminium	$2B		$1.3B
Silvercorp Metals	$2B		$465M
Central Mine Planning & Design Institute	$1.9B		-
Iluka Resources	$1.8B		$633M
Elvalhalcor	$1.8B		-
Usiminas	$1.8B		$5B
Aluar Aluminio Argentino	$1.8B		-
Worthington Steel	$1.8B		$3.5B
Hycroft Mining Holding	$1.7B		-
DRDGold	$1.7B		$665M
Almasane Alkobra Mining	$1.7B		-
Atalaya Mining Copper	$1.7B		$613M
Ligeance Aerospace	$1.6B		-
TMC The Metals	$1.6B		-
Nexa Resources	$1.6B		$3.3B
EVRAZ	$1.6B		-
Duro Dakovic Grupa	$1.6B		-
Champion Iron	$1.6B		$1.3B
Nexa Resources Perú	$1.6B		-
Molymet	$1.5B		-
Volcán	$1.5B		-
Eramet	$1.4B		$3.5B
Companhia Brasileira de Aluminio	$1.4B		$1.7B
Ora Banda Mining	$1.3B		$620M
Sunrise Energy Metals	$1.3B		$622K
Resolute Mining	$1.3B		$1B
Companhia Siderúrgica Nacional	$1.3B		$8.7B
Graphite India	$1.3B		$312M
Kardemir	$1.3B		$1.6B
Ivanhoe Electric	$1.3B		$3M
Develop Global	$1.3B		$285M
Scope Metals Group	$1.3B		-
Americas Gold And Silver	$1.3B		-
AMG Critical Materials	$1.3B		$1.7B
Mineros	$1.3B		$955M
Alphamin Resources	$1.3B		$831M
Alkane Resources	$1.2B		$675M
Bellevue Gold	$1.2B		$419M
Compass Minerals	$1.2B		$1.3B
Solaris Resources	$1.2B		-
CVK Maden	$1.1B		-
Sigma Lithium	$1.1B		$261M
SolGold	$1.1B		-
Gold.com	$1.1B		$26B
AMAG Austria Metall	$1.1B		$1.8B
i-80 Gold	$1.1B		$150M
SMI - Ste Metallurgique d'Imiter	$1B		$188M
CAP	$1B		$2B
Lithium Argentina	$1B		$84M
Lithium Americas	$1B		-
Elevra Lithium	$992M		$248M
El Brocal	$981M		-
McEwen	$978M		$243M
Catalyst Metals	$975M		$462M
Honbridge Holdings	$962M		-
Zimplats Holdings	$958M		-
Critical Metals	$940M		$45K
Elemental Royalty	$915M		$69M
Minerals 260	$914M		-
Lindian Resources	$900M		-
FireFly Metals	$891M		-
Troax Group	$869M		$349M
Metals X	$850M		$242M
Arafura Rare Earths	$850M		$19K
Sonasid	$833M		$709M
IperionX	$829M		$3M
BCI Minerals	$822M		$2M
JSW S.A.	$810M		$2.7B
United States Antimony	$809M		$81M
Metallus	$807M		$1.2B
EQ Resources	$792M		$136M
Compagnie Miniere de Touissit	$783M		$85M
Magnetic Resources	$747M		-
Kingsgate	$730M		$436M
Brazilian Rare Earths	$696M		$1M
Osisko Development	$674M		$17M
Ferroglobe	$627M		$1.4B
NioCorp	$619M		-
Aclara Resources	$615M		-
REalloys	$606M		$3M
Blue Moon Metals	$599M		-
ACG Metals	$593M		-
WA1 Resources	$581M		-
Corporación Aceros Arequipa	$577M		-
Energy Resources of Australia	$568M		-
Politeknik	$558M		-
Metals Exploration	$555M		$203M
Kocaer Çelik	$553M		-
Santacruz Silver Mining	$546M		$425M
Core Lithium	$544M		$24M
Olympic Steel	$539M		-
Pantoro Gold	$522M		$357M
Mennica Polska	$501M		-
Ferbasa	$495M		-
Wia Gold	$482M		$178K
Nouveau Monde Graphite	$454M		-
Tharisa	$450M		$736M
Viscaria	$449M		-
Tivan	$447M		-
Forrestania Resources	$439M		$20M
Black Cat Syndicate	$436M		$283M
Tubacex	$436M		$815M
African Gold	$426M		$2M
Tupy	$412M		$1.9B
Algoma Steel Group	$398M		$1.2B
Empire Metals	$398M		-
Aeris Resources	$372M		$478M
Larvotto Resources	$371M		$33M
Rox Resources	$370M		$2M
Wildcat resources	$368M		$306K
Turaco Gold	$366M		$902K
Cognor Holding	$362M		$643M
Minera Corona	$362M		-
Jupiter Mines	$358M		$3M
İzmir Demir Çelik	$354M		-
Guardian Metal Resources	$352M		-
St Barbara	$347M		$179M
Endomines	$346M		$67M
European Lithium	$344M		-
Meteoric Resources	$343M		-
AIC Mines	$338M		$174M
Caledonia Mining Corporation	$328M		$299M
Pensana	$326M		-
Dateline Resources	$317M		-
Central Asia Metals	$317M		$259M
Ausgold	$316M		$668K
Aurelia Metals	$314M		$321M
Aurion Resources	$313M		-
Southern Peru Copper	$313M		-
Rana Gruber	$312M		-
New Murchison Gold	$312M		$151K
Invercap	$311M		-
Sylvania Platinum	$306M		-
AltynGold	$306M		$203M
Focus Minerals	$304M		-
Serabi Gold	$301M		$202M
KME Group	$296M		-
Santana Minerals	$293M		-
Chalice Mining	$291M		$71K
Oando	$290M		-
Lifezone Metals	$289M		-
Metro Mining	$289M		$283M
Stalprodukt	$287M		-
Les Eaux Minerales	$286M		$371M
Viridis Mining	$284M		-
Vox Royalty	$283M		$27M
Andean Silver	$275M		$422K
Unico Silver	$273M		-
MGX Resources	$273M		-
29Metals	$269M		$401M
Antipa Minerals	$267M		-
Ioneer	$258M		$315K
Galan Lithium	$257M		$5M
Solstice Minerals	$254M		-
Victor Mining Industry	$254M		-
ST George Mining	$253M		-
Nova Minerals	$247M		-
Siderperú	$246M		-
Bravo Mining	$244M		-
Friedman Indus	$242M		-
Brightstar Resources	$242M		$57M
Silverco Mining	$238M		-
U.S. Gold	$235M		-
Sovereign Metals	$234M		$603K
Tolu Minerals	$233M		$3M
Medallion Metals	$232M		$4M
Ferrexpo	$227M		$866M
Alro	$220M		-
Kore Potash	$219M		-
Cobre	$216M		-
Beacon Minerals	$214M		$101M
Rainbow Rare Earths	$210M		-
Red Hill Minerals	$209M		-
Alumil	$206M		-
Coronado Global Resources	$205M		$2.2B
Tungsten Mining	$205M		$3M
Challenger Gold	$205M		-
Vişne Madencilik	$204M		-
Shougang Hierro Peru	$203M		-
PC Gold	$203M		-
Silver Mines	$202M		-
Ramada Investimentos	$193M		-
Mkango Resources	$192M		-
KEFI Gold and Copper	$192M		-
Gulf Island Fabrication	$192M		-
GreenX Metals	$189M		-
Astron	$188M		$8M
Meeka Metals	$188M		$127M
Havilah Resources	$186M		-
Metallium	$186M		$3M
Ballard Mining	$185M		$372K
Hot Chili	$181M		-
Syrah Resources	$179M		$78M
Dongkuk	$179M		-
Cauldron Energy	$178M		-
Tribune Resources	$178M		-
Alicanto Minerals	$177M		-
Centaurus Metals	$175M		$316K
Northern Minerals	$174M		-
Horizon Minerals	$173M		$49M
Cyprium Metals	$172M		$8M
Atlantic Lithium	$169M		-
Alligator Energy	$168M		$378K
Theta Gold Mines	$164M		-
Foraco International	$164M		$283M
Saturn Metals	$161M		-
Asara Resources	$161M		-
Maritana Minerals	$160M		$49M
Sky Metals	$160M		-
MC Mining	$160M		-
Toubani Resources	$157M		-
Installux	$157M		-
Polymetals Resources	$155M		$85M
Mermeren Kombinat	$154M		-
Prospect Resources	$154M		-
Strickland Metals	$153M		-
Terra Metals	$152M		-
Gorilla Gold Mines	$149M		-
Orion Minerals	$149M		-
Hillgrove Resources	$146M		$152M
Peninsula Energy	$146M		$17M
Fenix Resources	$146M		$423M
Boab Metals	$145M		-
Astral Resources	$145M		-
Emmerson Resources	$143M		-
Berkeley Energia	$142M		-
PanAtlântica	$141M		-
Aurum Resources	$139M		-
Ascent Industries	$138M		-
American Rare Earths	$136M		-
Sotkamo Silver	$135M		$66M
Autlán	$134M		$333M
Horizon Gold	$130M		$70K
Victory Metals	$127M		-
DevEx Resources	$127M		-
Lotus Resources	$126M		$11M
Broken Hill Mines	$124M		-
ZJK Industrial	$124M		-
Southern Palladium	$124M		-
Barton Gold Holdings	$122M		$1M
Schwager	$121M		-
Titan Minerals	$120M		-
Copper Giant Resources	$120M		-
Waratah Minerals	$119M		-
Canyon Resources	$118M		$11M
KGL Resources	$118M		$70K
Jubilee Metals Group	$118M		-
Grange Resources	$117M		-
West Wits Mining	$116M		-
US Goldmining	$114M		-
Mangata Holding	$112M		$212M
Echelon Resources	$111M		-
Tesoro Gold	$110M		-
Odlewnie Polskie	$109M		-
MERF	$108M		$516M
Resource Minerals International	$107M		-
Austral Resources	$107M		$38M
Sun Silver	$106M		$573K
Atomic Eagle	$100M		-
Elementos	$100M		-
Mevaco	$97M		-
Renascor Resources	$96M		-
Quantum Graphite	$95M		-
Carnaby Resources	$95M		$4M
Encounter Resources	$94M		-
Collado	$94M		-
Many Peaks Minerals	$93M		-
Rand Mining	$92M		-
Global Lithium Resources	$91M		-
Brockman Mining	$91M		-
Great Boulder Resources	$90M		-
Atlas Lithium	$90M		$100K
Alita Resources	$89M		-
Manuka Resources	$89M		-
CuFe	$89M		-
ArcelorMittal South Africa	$88M		-
Hongli Group	$87M		-
Eurasia Mining	$87M		$7M
Aluminium du Maroc	$86M		$140M
Delta Lithium	$86M		$922K
Torque Metals	$85M		-
ProfilGruppen	$84M		-
TerraCom	$84M		-
Fosfatos del Pacifico	$83M		-
Maronan Metals	$82M		-
Ecograf	$82M		-
Felix Gold	$82M		-
Scully Royalty	$81M		-
Investigator Silver	$80M		-
Pilbara Gold	$79M		-
NexMetals Mining	$78M		-
Gateway Mining	$78M		-
Namib Minerals	$78M		-
Elevate Uranium	$77M		$210K
Kaiser Reef	$76M		$118M
Afarak Group	$74M		-
G50 Corp	$72M		-
Aspire Mining	$71M		-
Bougainville Copper	$69M		-
Cintac	$68M		-
Sunshine Metals	$68M		-
Sherritt	$68M		$130M
Lake Resources	$67M		-
Componenta	$67M		$146M
Marmota	$67M		-
Energy Transition Minerals	$67M		-
Osmond Resources	$65M		-
Ardea Resources	$64M		-
HAKI Safety	$64M		$135M
Brazilian Critical	$62M		-
Fox River Resources	$62M		-
Adyton Resources	$62M		-
Alcomet	$62M		-
Trek Metals	$61M		-
Largo Inc.	$61M		$126M
Nordic Mining	$60M		-
Chilwa Minerals	$60M		$70K
Li-S Energy	$58M		-
Dreadnought Resources	$56M		-
Falcon Metals	$56M		-
BE Group	$56M		-
Iron Bear Resources	$56M		-
Ionic Rare Earths	$56M		-
Lion Rock Minerals	$55M		-
White Energy Co	$54M		-
Elastron	$54M		-
Element 25	$54M		-
Electra Battery Materials	$53M		-
VHM	$52M		-
Black Bear Minerals	$52M		-
GBM Resources	$52M		-
Austral Gold	$51M		-
PhosCo	$51M		-
MFO	$51M		-
Impol Seval	$51M		-
Bellavista Resources	$51M		-
Euromax Resources	$50M		-
Golden Horse Minerals	$50M		-
Wesizwe Platinum	$50M		-
Yandal Resources	$50M		-
Blackstone Minerals	$49M		-
Hastings Technology Metals	$49M		$2M
Botnia Gold	$49M		-
RTG Mining	$48M		-
Lunnon Metals	$48M		$36M
Anson Resources	$48M		-
Nordic Resources	$48M		-
AusQuest	$46M		-
Argosy Minerals	$45M		-
Far East Gold	$45M		-
Oceana Metals	$44M		-
True North Copper	$44M		$3M
Aldoro Resources	$43M		-
Everlast Minerals	$43M		-
Matsa Resources	$41M		-
European Metals Hldgs	$40M		-
Hammer Metals	$40M		-
Odyssey Marine Explr	$40M		-
Native Mineral Resources	$40M		-
Linq Minerals	$39M		-
Sentinel Metals	$39M		-
White Cliff Minerals	$39M		-
FST	$38M		$53M
AGES Industri	$38M		-
Zenith Minerals	$38M		-
Sidma Steel	$37M		-
CZR Resources	$37M		-
Akobo Minerals	$37M		-
Australian Vanadium	$37M		-
Canadian Phosphate	$37M		-
Bowim	$36M		-
Sunstone Metals	$36M		-
Black Canyon	$36M		-
AuMega Metals	$36M		-
Red Metal	$35M		-
Compañía Minera Santa Luisa	$35M		-
MetalsTech	$35M		-
Mindax	$35M		-
Minera IRL	$35M		-
ZBM ZREMB-Chojnice	$34M		-
EMC Gold	$34M		-
Future Fuels	$34M		-
Legacy Iron Ore	$34M		-
Power Minerals	$34M		-
Buscar	$34M		-
Pacgold	$34M		-
Terramin Australia	$33M		-
Pacific Booker Minerals	$33M		-
Anax Metals	$33M		-
Makstil	$33M		-
Nordic Iron Ore	$31M		-
Jindalee Lithium	$31M		-
Miata Metals	$31M		-
Kalamazoo Resources	$31M		-
Bluelake Mineral	$31M		-
PazdelRío	$30M		-
Goldarc Resources	$29M		-
Auric Mining	$29M		-
Tubos Reunidos	$29M		-
Lachlan Star	$27M		-
Murray & Roberts	$27M		-
Aguia Resources	$27M		-
Izostal	$26M		$260M
West Coast Silver	$25M		-
Culico Metals	$24M		-
SIMSA	$24M		-
Kingston Resources	$23M		-
PPK Group	$22M		-
Paranapanema	$21M		-
Eurobattery Minerals	$21M		-
Alara Resources	$21M		-
Lappland	$21M		-
Perubar	$20M		-
Vertex Minerals	$20M		-
Unior Kovaska industrija	$19M		-
Alumil Rom Industry	$18M		-
Celsius Resources	$18M		-
Drillcon	$18M		-
Gold By Gold	$17M		-
Burgundy Diamond Mines	$17M		$186M
Antioquia Gold	$16M		-
Zamet	$16M		-
Mont Royal Resources	$15M		-
Pearl Gold	$14M		-
Locksley Resources	$14M		-
Corazon Mining	$14M		-
Polska Grupa Fotowoltaiczna	$13M		-
Aero Energy	$13M		-
Unity Metals	$12M		-
Castrovirreyna Compañía Minera	$12M		-
FASING S.A.	$12M		-
Sarama Resources	$12M		-
Wishbone Gold	$12M		-
Asturiana de Laminados	$11M		-
Kordelos Bros	$10M		-
Afric Industries	$10M		-
Bitros Holdings	$9M		-
Blue Gold	$9M		-
Mingteng International	$8M		-
Lir Life Sciences	$8M		-
American Lithium Minerals	$8M		-
Nyrstar	$8M		-
Coil	$7M		-
Pipe Works L Girakian	$7M		-
Highfield Resources	$7M		-
Naughty Ventures	$6M		-
Beowulf Mining	$6M		-
Mangels	$6M		-
XAU Res	$6M		-
Catalina Resources	$6M		-
Mahvie Minerals	$6M		-
Nordic Flanges Group	$5M		-
Haga	$5M		-
Bubalus Resources	$5M		-
EKOPOL Gornoslaski Holding	$4M		-
Cross River Ventures	$4M		-
Galvo	$4M		-
Lovisagruvan	$4M		-
MMX Mineracao E Metalicos	$4M		-
Liberti Skopje	$4M		-
Cell Impact	$3M		-
Eco Oro Minerals	$3M		-
Precomp Solutions	$3M		-
VISTAL Gdynia	$3M		-
Leventeris	$3M		-
Geopulse Exploration	$3M		-
Green Minerals	$2M		-
IEQSA	$2M		-
Harvest Minerals	$2M		-
Greenhawk Resources	$1M		-
Ceritech	$1M		-
Amnode	$699K		-
Africa Resources	$685K		-
Tarku Resources	$659K		-
Dana Resources	$80K		-
Sarissa Resources	$9K		-
Great Panther Mining	$0K		-
Cadillac Ventures	-		-
Trigg Minerals	-		-
Contango Ore	-		-
Lannister Mining	-		-
First Nordic Metals	-		-
Meridian Mining	-		-
Winshear Gold	-		-