Download the Mine 2021 report
The Top 40 mining companies have come out of the storms of 2020 in excellent financial shape.
Mining is one of the few industries that emerged from the worst of the COVID-19 pandemic economic crisis in excellent financial and operational shape. In fact, 2020 was a banner year for the mining sector.
And things are expected to get even better for the world’s biggest mining companies.
The Top 40 mining companies have never been in a stronger financial position to make a big, bold pivot towards the future. And the future is already visible today: the world is in the midst of an era-defining transition to a low-carbon, sustainable economy.
Making environmental, social and governance (ESG) issues the core of organisational strategy gives big miners a compelling path to build trust, grow and produce sustained outcomes.
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This interactive data map shows you, by country and region, the Top 40’s revenue contributions (excluding trading) and dividends paid. The map also includes ESG benchmarking scores for the Top 40 as a group and by region. Click the country or region circles to see specific breakdowns for 2019 and 2020 in the bar charts on each tab.
2020$121.80bn0%$106.98bn0%$91.53bn0%$88.04bn0%$14.31bn0%$19.34bn0%$102.36bn0%
US$ 544.4bn
2019$104.27bn0%$92.78bn0%$112.18bn0%$68.78bn0%$15.83bn0%$15.63bn0%$111.96bn0%
US$ 521.4bn
About revenue Explore the Top 40’s revenue contributions (excluding trading) by commodity and compare year on year. The interactive map provides the ability to view contributions by region and country.
* The disclosed information is based on the Top 40’s country of listing as allocated in page 27 of the Mine 2021 report
* Companies that are dual listed have been allocated to the country which reflects the primary operations.
2020$37.36bn0%
US$ 37.4bn
2019$49.23bn0%
US$ 49.2bn
About dividends Explore the Top 40’s dividend contributions for 2019 and 2020 by region and country.
* The disclosed information is based on the Top 40’s country of listing as allocated in page 27 of the Mine 2021 report
* Companies that are dual listed have been allocated to the country which reflects the primary operations.
Strategy68%0%
US$ NaNbn
Stakeholder Engagement71%0%
US$ NaNbn
Climate58%0%
US$ NaNbn
Diversity & Inclusion47%0%
US$ NaNbn
Governance - Board oversight36%0%
US$ NaNbn
About ESG Benchmarking Our analysis compared the Top 40 against selected questions from the PwC’s Building Public Trust framework2 to understand the maturity of ESG reporting1 for these companies. We focused on the 5 key areas of Strategy, Stakeholder Engagement, Climate, Diversity & Inclusion and Governance - Board oversight. The percentages disclosed represent the average scores of companies in the respective regions. A higher percentage reflects a higher level of maturity of reporting in the respective key areas.
1 This analysis has been prepared on the basis of publicly available information, focussing largely on annual and sustainability reports, to the extent they are readily available, for the most recent reporting within the period covered by the Mine analysis.
2 The Building Public Trust Framework is a ESG reporting maturity framework utilised by PwC which has been developed with reference to sustainability reporting standards and frameworks released by leading industry groups, including the Global Reporting Initiative (GRI) Standards, the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), and the United Nations’ Sustainable Development Goals.
* The ESG benchmarking is based on a subset of questions and one of the top forty companies has been excluded from our analysis due to limitations on reporting.
* The disclosed information is based on the Top 40’s country of listing as allocated in page 27 of the Mine 2021 report
* Companies that are dual listed have been allocated to the country which reflects the primary operations.
Questions and Answers | Global | Australia | Brazil | Canada | China | India | Mexico | Poland | Russia | Saudi Arabia | South Africa | Switzerland | United Kingdom | United States | Americas | EMEA | Asia Pac | ||||||||
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Revenue Global | |||||||||||||||||||||||||
Data shown:
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2020 | 121804.57, 106984.19, 91532.72, 88042.77, 14308.77, 19341.31, 102364.21 | 14812.00, 68270.00, 8797.00, 4026.00, 12394.00, 0.00, 9811.00 | 2175.00, 31527.00, 473.00, 0.00, 0.00, 0.00, 5843.00 | 6892.11, 0.00, 2516.03, 21927.85, 0.00, 0.00, 2940.27 | 44072.21, 4.19, 57303.87, 29271.09, 0.00, 0.00, 20569.37 | 490.07, 0.00, 11718.82, 0.00, 0.00, 0.00, 2143.75 | 6350.13, 0.00, 0.00, 1412.47, 0.00, 0.00, 6100.08 | 3657.04, 0.00, 0.00, 176.98, 0.00, 0.00, 1122.92 | 3087.00, 0.00, 0.00, 8099.00, 0.00, 6987.00, 8413.43 | 0.00, 0.00, 0.00, 728.85, 1913.77, 0.00, 2308.59 | 6955.81, 7183.00, 3788.00, 9990.83, 0.00, 12354.31, 14193.71 | 17439.00, 0.00, 6936.00, 0.00, 1.00, 0.00, 17077.00 | 4348.20, 0.00, 0.00, 357.70, 0.00, 0.00, 423.40 | 11526.00, 0.00, 0.00, 12052.00, 0.00, 0.00, 11417.70 | 26943.24, 31527.00, 2989.03, 35392.32, 0.00, 0.00, 26301.05 | 35487.05, 7183.00, 10724.00, 18624.51, 1.00, 19341.31, 41230.45 | 59374.28, 68274.19, 77819.69, 34025.94, 14307.77, 0.00, 34832.71 | ||||||||
2019 | 104270.99, 92782.00, 112183.31, 68778.93, 15826.13, 15633.86, 111957.68 | 13979.00, 57582.00, 12092.00, 3871.00, 13852.00, 0.00, 12471.00 | 1904.00, 29291.00, 1021.00, 0.00, 0.00, 0.00, 5354.00 | 5869.90, 0.00, 4161.97, 16799.29, 0.00, 0.00, 3319.87 | 36697.35, 0.00, 52838.08, 24525.53, 0.00, 0.00, 25759.64 | 0.00, 0.00, 25113.26, 0.00, 0.00, 0.00, 0.00 | 5952.73, 0.00, 0.00, 1251.44, 0.00, 0.00, 6081.14 | 0.00, 0.00, 0.00, 0.00, 0.00, 0.00, 0.00 | 2892.00, 0.00, 0.00, 5847.00, 0.00, 5671.00, 8474.92 | 0.00, 0.00, 0.00, 556.32, 1973.13, 0.00, 2200.22 | 5611.61, 5909.00, 6128.00, 4851.65, 0.00, 9962.86, 11610.92 | 15679.00, 0.00, 10829.00, 0.00, 1.00, 0.00, 16234.00 | 4083.40, 0.00, 0.00, 407.70, 0.00, 0.00, 473.40 | 11602.00, 0.00, 0.00, 10669.00, 0.00, 0.00, 11461.30 | 25328.63, 29291.00, 5182.97, 28719.73, 0.00, 0.00, 26216.30 | 28266.01, 5909.00, 16957.00, 11106.35, 1.00, 15633.86, 36793.24 | 50676.35, 57582.00, 90043.34, 28952.85, 15825.13, 0.00, 48948.13 | ||||||||
Dividends Global | |||||||||||||||||||||||||
Data shown:
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2020 | 37358.79833794 | 15807 | 3615.731741 | 1012.7460779 | 6197.35192404 | 997.728424 | 1433.5 | 0 | 5749.3955069 | 0 | 1431.3446641 | 0 | 131.2 | 982.8 | 7044.7778189 | 7311.940171 | 23002.08034804 | ||||||||
2019 | 49228.693073257 | 25340 | 0 | 771.54795515 | 6276.4083212 | 2604.4085275 | 1425.3 | 0 | 5928.5434811 | 0 | 1454.884788307 | 2710 | 470.4 | 1247.2 | 3444.04795515 | 10563.828269407 | 35220.8168487 | ||||||||
ESG Benchmarking Global | |||||||||||||||||||||||||
Data shown:
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Strategy | 68% | 66% | 100% | 88% | 29% | 65% | 79% | 57% | 82% | 29% | 94% | 86% | 71% | 57% | 80% | 85% | 46% | ||||||||
Stakeholder Engagement | 71% | 88% | 80% | 70% | 53% | 75% | 70% | 40% | 75% | 30% | 92% | 70% | 70% | 70% | 71% | 78% | 66% | ||||||||
Climate | 58% | 84% | 75% | 71% | 20% | 55% | 58% | 25% | 52% | 0% | 77% | 83% | 100% | 59% | 66% | 67% | 45% | ||||||||
Diversity & Inclusion | 47% | 87% | 33% | 42% | 14% | 34% | 67% | 50% | 29% | 0% | 63% | 83% | 83% | 61% | 50% | 54% | 40% | ||||||||
Governance - Board oversight | 36% | 73% | 56% | 28% | 14% | 11% | 33% | 0% | 28% | 11% | 60% | 44% | 78% | 33% | 32% | 44% | 33% |
The challenges of COVID—and the new normal manifested by uncertainty about infection rates in different parts of the world—and environmental sustainability have created a volatile landscape that presents an opportunity for genuine, transformational change in the mining industry. Thanks to their excellent financial position, the Top 40 are better placed than most companies in other fields to pivot towards long-term value and growth. Now is the time for miners to make their move.