83 indexable Mining Companies companies headquartered in South Africa, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $1.8B across 6 funded companies.
| # | Company | Funding | Valuation | Stage | Latest round | Employees | Founded | Momentum |
|---|---|---|---|---|---|---|---|---|
| 1 |
Bushveld Minerals
Manufacturer of vanadium products for the steel and chemical sectors |
$50.4M | — | Public | Post IPO Mar 2022 | 814 | 2012 | — |
| 2 |
Kropz
Provider of rock phosphate exploration, mining, and processing services |
$48.1M | — | Public | Post IPO Sep 2021 | 13 | 2012 | — |
| 3 |
Implats
Producer of platinum group metals |
$1.3B | — | Public | Post IPO May 2017 | 70,000 | 1994 | — |
| 4 |
Northam
Mining & exploration company focused on platinum group metals |
$239.4M | — | Public | Conventional Debt Jun 2019 | 22,368 | 2002 | — |
| 5 |
Sibanye-Stillwater
Producer of gold |
$120M | — | Public | Post IPO Apr 2019 | 479 | 2012 | — |
| 6 |
Pan African Resources
Operator of gold mining and tailings retreatment facilities |
$51M | — | Public | Post IPO Apr 2017 | 2,198 | 2000 | — |
| 7 |
Gold Fields
Gold producer company |
— | — | Public | Conventional Debt May 2019 | 6,364 | 1887 | — |
| 8 |
Hulamin
Supplier of aluminium & aluminium products to Africa |
— | — | Public | Post IPO 2007 | — | 1935 | — |
| 9 |
ABGM
Provider of minerals mining and exploration services |
— | — | Unfunded | — | — | 2006 | — |
| 10 |
Aflease Gold
Operator of gold mines based in Parktown, South Africa. The company operates modder east gold mine and is the owner of east rand property in South Africa. |
— | — | Private | — | 933 | 2005 | — |
| 11 |
Afri-Tech
Provider of mining services |
— | — | Unfunded | — | — | 2007 | — |
| 12 |
Africary
Provider of mining exploration services |
— | — | Unfunded | — | — | 2007 | — |
| 13 |
Andru Mining
Provider of mining services |
— | — | Funding Raised | — | — | 1982 | — |
| 14 |
Anglo American
Provider of iron exploration services |
— | — | Public | — | 11,878 | 2005 | — |
| 15 |
ARM
Mining and exploration company focused on mineral resources |
— | — | Public | — | 11,253 | 2004 | — |
| 16 | Assore | — | — | Private | — | 2,783 | 1950 | — |
| 17 |
Atlatsa
Provider of metal exploration services |
— | — | Unfunded | — | — | 1983 | — |
| 18 | Atlatsa Resources | — | — | Private | — | 118 | 1983 | — |
| 19 |
bauba resources ltd
Bauba Resources is a mining and exploration company. |
— | — | Public | — | 697 | 1986 | — |
| 20 |
bedrock mining support
Bedrock Mining Support (Pty) Ltd. manufactures and sells timber-based underground support packs. |
— | — | Acquired | — | 21 | 1997 | — |
| 21 |
Biomin South Africa
Provider of mining services. The company operates as a explorer and provider of gold mining services in South Africa. |
— | — | Acquired | — | 4 | 2013 | — |
| 22 |
Blyvoor Gold
Blyvoor Gold is a gold mining company |
— | — | Private | — | 1,700 | 1937 | — |
| 23 | Buffalo Coal | — | — | Acquired | — | 1,134 | 2006 | — |
| 24 |
Bushveld Vametco Alloys
Operator of a vanadium mining and exploration company based in Brits, South Africa. |
— | — | Acquired | — | 375 | — | — |
| 25 |
Canyon Coal
Provider of coal exploration, mining, and processing services |
— | — | Unfunded | — | 161 | 2006 | — |
| 26 | Central Rand Gold | — | — | Deadpooled | — | 201 | 1886 | — |
| 27 | Ciolli Bros | — | — | Private | — | — | 1951 | — |
| 28 | CoalLab | — | — | Acquired | — | 100 | 2007 | — |
| 29 |
DetNet
Provider of mining services |
— | — | Unfunded | — | 75 | 2004 | — |
| 30 |
DRDGOLD
Producer of gold |
— | — | Acquired | — | — | 1895 | — |
| 31 |
drdgold ltd.
DRDGold specializes in the exploration of gold mines. |
— | — | Public | — | 3,082 | 1895 | — |
| 32 |
Dwarsrivier Chrome Mine
Producer of chromite based out of Dwarsrivier, South Africa. The company's offerings include extraction of ore mines which are excavated through rock drill operations. |
— | — | Acquired | — | 209 | — | — |
| 33 |
ERG Africa
Provider of copper & cobalt mining services |
— | — | Unfunded | — | 582 | 2015 | — |
| 34 |
Exxaro
Producer of coal, titanium ore, titanium oxide, iron ore, etc |
— | — | Public | Conventional Debt | 6,745 | 2006 | — |
| 35 |
Goldplat
Mining & exploration company focused on gold deposits |
— | — | Public | — | 325 | 2005 | — |
| 36 |
Great Basin Gold
Mining company |
— | — | Deadpooled | — | — | 1986 | — |
| 37 |
harmony gold
Harmony Gold is a mining and exploration company that mines gold. |
— | — | Public | — | 37,610 | 1950 | — |
| 38 |
Helderberg Exploration Drilling
Provider of borehole drilling and minerals exploration services |
— | — | Deadpooled | — | — | 1998 | — |
| 39 | Hwange Colliery | — | — | Public | — | 1,970 | — | — |
| 40 |
Ichor Coal
Coal production company |
— | — | Public | — | 4 | 2011 | — |
| 41 |
idwala
Idwala is an environmentally and socially responsible company, focused on industrial minerals and lime niche markets. |
— | — | Acquired | — | — | 1998 | — |
| 42 |
ikwezi mining
Ikwezi Mining is a mining company that provides coal, cement and vanadium. |
— | — | Public | — | 84 | 2011 | — |
| 43 |
Infrasors Holdings Proprietary
Producing minerals for the industrial, metallurgical, mining and construction sectors |
— | — | Public | — | 172 | 2007 | — |
| 44 |
IPC Coal
Provider of coal mining services |
— | — | Funding Raised | — | — | 2013 | — |
| 45 | Kangra Coal | — | — | Private | — | 700 | 1957 | — |
| 46 | Keaton Energy Holdings | — | — | Acquired | — | 868 | 2007 | — |
| 47 |
Kudumane
Kudumane Manganese Resources - Manganese Mine |
— | — | Unfunded | — | 56 | 2012 | — |
| 48 |
Kudumane Manganese Resources
Provider of manganese mining services |
— | — | Unfunded | — | — | 2009 | — |
| 49 |
Marula
Provider of battery metal mining and exploration services |
— | — | Public | — | 3 | 2022 | — |
| 50 |
Masemanzi Mining Holdings
Provider of coal exploration services |
— | — | Unfunded | — | — | 2009 | — |
Manufacturer of vanadium products for the steel and chemical sectors. Operations include the mining and processing of vanadium to supply materials for industrial applications. The business participates in the vanadium value chain by producing vanadium chemicals and related materials used in energy storage and industrial manufacturing.
Provider of rock phosphate exploration, mining, and processing services. This company focuses on responsible practices throughout its operations. It develops and manages rock phosphate projects, contributing to fertilizer production and global food security. The company's work includes feasibility studies, mine construction, and the extraction and processing of phosphate rock. Its operations adhere to high environmen
In 2022, the company recorded annual revenues of $7.36B and a net profit of $1.97B.
Mining & exploration company focused on platinum group metals
In 2022, the company recorded annual revenues of $8.45B and a net profit of $1.12B
Operator of gold mining and tailings retreatment facilities. This business extracts gold from mineral deposits through underground mining and surface operations. It utilizes processing plants to retreat tailings and recover gold from existing resources. The company focuses on the extraction and production of gold through its mining assets.
Gold Fields Limited is a producer of gold with eight operating mines in Australia, Ghana, Peru, and South Africa. Its operating mines include Cerro Corona mine, St Ives mine, Agnew mine, Granny Smith mine, South Deep mine, Tarkwa mine, and Damang mine. Its projects include Salares Norte project, Gruyere project, and Far Southeast project. In 2022, the company recorded annual revenues of $4.27B and a net profit of $0.
Supplier of aluminium & aluminium products to Africa
Provider of minerals mining and exploration services
Operator of gold mines based in Parktown, South Africa. The company operates modder east gold mine and is the owner of east rand property in South Africa.
Provider of mining services
Provider of mining exploration services
Lone Bull Group
Anglo American
Sakhumnotho
ARC Investments
Applied Research and Communications
Fledge Capital
Imbewu Capital Partners
Makalani
Masimong Group
Milost Global
Multiply Group
Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-22.
