Mining companies accounted for over half of the entries on this year’s TSX30 — an annual list of the 30 top-performing names on Canada’s largest stock exchange over a three-year period.
The best performer in the mining industry was Vancouver-headquartered Lundin Gold (TSX: LUG), with a gain of 775%, good for second place behind supply chain solutions provider Celestica (TSX: CLS), which amassed a near 1,600% jump over the three years.
The other mining companies and their respective rank and gains are as follows:
| Overall Rank | Company | Symbol | Gain (%) |
| 5 | Avino Silver & Gold Mines | ASM | 610 |
| 10 | Almonty Industries | AII | 427 |
| 11 | New Gold | NGD | 394 |
| 12 | Kinross Gold | K | 394 |
| 13 | IAMGOLD | IMG | 385 |
| 14 | Torex Gold | TXG | 347 |
| 19 | Alamos Gold | AGI | 310 |
| 21 | Perpetua Resources | PPTA | 290 |
| 22 | Orla Mining | OLA | 289 |
| 23 | Cameco | CCO | 277 |
| 25 | China Gold International Resources | CGG | 274 |
| 26 | Dundee Precious Metals | DPM | 264 |
| 27 | Eldorado Gold | ELD | 238 |
| 28 | Galiano Gold | GAU | 226 |
| 29 | Skeena Resources | SKE | 219 |
| 30 | Taseko Mines | TKO | 205 |
In total, the 2025 TSX30 list had 17 mining companies, compared with just six in the 2024 edition. The performances were also more significant, with market values rising by at least threefold.
Gold dominates
Nearly all of these mining companies (15) have businesses revolving around gold, coinciding with the precious metal’s rise over the past three years, during which prices have more than doubled from around $1,650 an ounce to over $3,600 currently.
The only names with no ties to gold are Almonty and Cameco, whose businesses are centred around critical minerals tungsten and uranium, respectively.
Notably, there was only one predominant copper miner — Taseko — while two prominent copper names (Filo and Teck) featured in last year’s list.
