RANKED: The world’s top 10 most valuable mines

Image: Norilsk Nickel. Number 1 on the list, Norilsk Nickel’s eponymous operations in Russia’s far north, date back to 1960 with the discovery of the Talnakhskoye field although the refinery processing Soviet nickel output started up decades earlier. Today a complex of several mines around Norilsk extract the Ni, Cu, Pt, Pd and Au metals from the magmatic sulphide deposit.

The second most valuable orebody in the world being mined today – Olympic Dam in South Australia – was discovered in the mid-1970s, while no. 3 Mogalakwena in South Africa began operations in the 1990s. The world’s largest copper mine Escondida, which sits at no. 4 on the list, was discovered in 1981 but wouldn’t hit current production in excess of one million tonnes per year before 2004. While these mines are approaching middle age, they are relative newcomers considering that no 8 Morenci began operations in 1873, mining activity […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet