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Mining Exploration Insights – June 2020

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Mining Exploration Insights – June 2020


Exploration index rises for 2nd consecutive month

With disruptions to mining operations now appearing to be less severe than some had initially feared, mining equities recovered for a second consecutive month in May, as S&P Global Market Intelligence's aggregate market value of the industry's listed companies, based on 2,323 firms, rose 7% month over month to US$1.33 trillion. The aggregate market cap of the industry's top 100 companies was also up 7% in May at US$1.12 trillion. The number of tracked mining companies remains at a 10-year low, declining steadily from a high of 2,921 companies in March 2012.

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