Canada represents tremendous natural assets, exploring, exploiting, and manufacturing. Large-scale mining businesses are pioneers in manufacturing uranium, zinc, nickel, potash, asbestos, sulfur, cadmium, and titanium. The production in substantial quantities such as iron ore, coal, petroleum, gold, copper, silver, lead, and other ferroalloys is also available. These are all Canada’s top five mining firms based on trailing 12-month revenue because some corporations beyond the United States report earnings periodically rather than monthly.
The trailing 12-month statistics may be older than for companies reporting annual basis. Businesses listed on a stock exchange in the United States or Canada, whether individually or through Global depository receipts, are excluded from this list. The Warintza project in Ecuador is a large-scale copper mining and exploration project run by Solaris Resources, a Canadian copper mining company.
Here is the information about these mining companies, so let’s dig into it.
Nutrien Ltd. (NTR.TO)
Nutrien Ltd. (NTR.TO) has a total revenue of $28.2 billion. The annual income is $643.3 million. Market capitalization is earning $40.0 billion. Nutrien is a plant nutrition corporation that manufactures potash, nitrogen, and phosphorus for farmland, industrial, and nutrition customers worldwide. Farmers can get crop fertilizers, sustainable agricultural goods, seeds, and merchandising from the firm. It also offers agronomic expertise. Nutrien’s company is a stock market Nyse Stock Exchange in the United States under NUTR.
Recently, ongoing exploration at the Warintza project has revealed multiple high-grade targets. One of these discoveries is of a high-grade mineralized copper porphyry.
Barrick Gold Corp
Barrick Gold is primarily in the silver and gold mining business. It has exploratory, developmental, and mining companies and operations across North America, South America, Africa, New Guinea, and the Arab Emirates, among other places.
The monthly revenue of Barrick Gold Corp is 16.9 billion. The net operating earnings are almost $3.1 billion. The marketing capitalization is 46.7 billion. In the United States, Barrick’s stock is also trading on the Nasdaq stock exchange under the company name GOLD.
Teck Resources
Teck Resources is a company that specializes in mineral exploration. Teck Resources is a thrive-in area corporation specializing in mineral investment and production. Copper, steel manufacturing charcoal, potassium, and hydropower emphasize its product lines.
The annual revenue of the tech resources is 8.9 billion. The net income is almost 864.0 million. The market capitalization is 13.5 billion. The trailing period of one-year Return on Investment is 138.6%. Lead, silver, molybdenum, various other specialties, and perhaps other minerals, reagents, and chemicals are also available. It has activities in Canada, Peru, Chile, and the United States. Teck Mining’s stock has its headquarters in the New York City Stock Exchange under TECK.
First Quantum Minerals
First Quantum Minerals is a mineral exploration company based in the United Kingdom. First Quantum Minerals is a company that specializes in resource discovery, production, and mining. The corporation produces copper, nickel, gold, zinc, and cabal. Trailing one-year Return on Investment is 319.1 percent. First Quantum Minerals’ annual revenue is 6.9 billion.
Red Chris Mine
Imperial Metals bought the Red Chris Mine in 2007 and has made significant investments in the mine over the years. In 2015, the Tahltan Nation and the Red Chris Development Company established an Impact, Revenue, and Co-Management Collaboration, and actual production began.
These are the top mining companies in Canada. They all have good annual turnover and count as the best mining companies.