Surging coal, lithium prices can’t stem sell-off in top 50 mining stocks
World’s 50 biggest mining companies have shed $627 billion since hitting highs in March this year even as investors pile into the best performing sectors.
Amid a wider slump, MINING.COM’s ranking was lit up by newcomer Amman Minerals, which now sits just outside the top 10 after minting at least six new billionaires since its July IPO.
Canada’s Supreme Court last week ruled the Impact Assessment Act was too broad in designating which major projects should fall under federal environmental assessment.