Buy Mining Stocks – 5 Best Mining Stocks To Buy Right Now In 2022

Fact Checked by Gary McFarlane

If you’re looking to diversify your portfolio into natural resources, raw materials, or industrial metals, you might want to consider buying a selection of mining stocks. This particular industry explores and processes everything from gold, silver, and copper to coal, limestone, and iron ore.

In this guide, we take a look at the best mining stocks to buy right now and walk you through the investment process with a low-cost and user-friendly broker.

Table of Contents

#1 Broker to Buy Mining Stocks – eToro

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  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
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How to Buy Mining Stocks – A Quick Guide For 2022

If you already know which mining stocks you want to buy, follow the step-by-step walkthrough below to make your purchase at 0% commission with eToro. From start to finish, the process of investing in the best mining stocks with this broker should take no more than five minutes.       

  • Step 1: Open an Account with eToroFirst, you will need to register an account with eToro, which requires your first and last name, nationality, date of birth, and other relevant personal information. You also need to supply your email address and cell phone number, alongside your desired username and password.
  • Step 2: Upload Your ID – Now that you have an eToro account, you will need to get yourself verified. This can be achieved in less than a minute by uploading a copy of your government-issued ID.
  • Step 3: Deposit Funds – You can now make a deposit at eToro with a debit/credit card, bank wire, e-wallet, ACH, or any supported payment method. There are no fees to deposit funds in USD and the minimum requirement for new customers is $50.
  • Step 4: Search for Mining Stock – Next, enter the name of the mining stock that you want to buy into the search bar. When you see the correct mining company appear, hit the ‘Trade’ button to proceed to the final step.
  • Step 5: Buy Mining Stocks – In the ‘Amount’ box, you will need to specify how much you want to invest into your chosen stock – in USD terms. The minimum stock investment at eToro is $10. Finally, click on ‘Open Trade’ to place your order.

You have just bought mining stocks at eToro without paying any trading commissions. You will find your newly purchased shares in your portfolio – which is where they will remain until you are ready to cash out.

67% of retail investor accounts lose money when trading CFDs with this provider.

Best Mining Stocks to Buy Now – List of the Best Mining Stocks

Mining stocks cover a wide spectrum of industries – such as raw materials, energies, precious metals, and fertilizers. Nevertheless, the overall best mining stocks from this marketplace can be found below.

  1. Rio Tinto – Overall Best Mining Stock to Buy Right Now
  2. BHP Group – Solid Mining Stock With a Strong Balance Sheet
  3. Barrick Gold – Great Mining Stock to Gain Exposure to Gold
  4. Sibanye Stillwater – Top Mining Stock for Growth Potential
  5. Arch Resources – Low-Cap Mining Stock to Capitalize on Coal Production

We explain in great detail why we like each of the above mining stocks further down.

How To Buy Mining Stocks – Choose a Broker

Below you will find a list of top-rated investment platforms that allow you to access the best mining stocks online.

  1. eToro – Overall Best Place to Buy Mining Stocks
  2. Webull – Buy Mining Stocks at 0% Commission
  3. Merrill Edge – Online Brokerage With a Variety of Investment Accounts
  4. Interactive Brokers – Trade Mining Stocks at 0% Commission
  5. Zacks Trade – Top Broker for Advanced Traders
  6. Fidelity – Trusted US Brokerage With 7,000+ Stocks
  7. SoFi – Invest in Mining Stocks via Fractional Shares
  8. E*TRADE – Good Broker for Long-Term Investments
  9. Robinhood – Excellent US-Based Broker for Beginners
  10. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments

Full reviews of the above platforms can be found further down on this page.

Best Mining Stocks to Buy Now – Full Analysis

Mining is a huge sector that covers a plethora of individual industries and products. This particular marketplace can come with added risk, as mining companies live or die based on the volume of minerals and/or materials that they are able to extract.

You also need to factor in the market spot price of the respective product that is being mined – which will invariably have a major impact on the respective firm’s operating margin.

Taking all of this into account, below you will find a full analysis of the five best mining stocks to consider adding to your portfolio today.

1. Rio Tinto  – Overall Best Mining Stock to Buy Right Now

Rio Tinto is a global mining company that specializes in raw materials and precious metals. This includes copper, diamonds, uranium, and gold. Although the firm is headquartered in Australia, Rio Rinto has multiple stock exchange listings – which is inclusive of the NYSE. With a solid market capitalization of over $100 billion as of writing, Rio Tinto is arguably one of the less risky mining stocks to consider buying.

In terms of its share price action, Rio Tinto stocks are down in 2021 by 15%. However, over a longer 5-year period, the stocks have grown by over 66%. This means that Rio Tinto has outperformed the broader NYSE Composite, which has increased in value by 49% over the same period.

rio tinto stock price

There are additional reasons why we think that Rio Tinto is one of the best mining stocks in this marketplace – especially when you look at the firm’s dividend policy. In fact, the stocks are attracting a running dividend yield of over 10% as of writing. Furthermore, based on current prices, Rio Tinto is carrying a super-low P/E ratio of just 5.6 times.

This could indicate that the firm’s 2021 stock price losses are unwarranted and thus – Rio Tinto could be unvalued. Finally, and perhaps most importantly, this mining stock has a robust balance sheet – which is crucial in this marketplace. As such, even when global spot prices of core metals and minerals are down, Rio Tinto can simply relocate cash into more profitable divisions.

67% of retail investor accounts lose money when trading CFDs with this provider.

2. BHP Group  – Solid Mining Stock With a Strong Balance Sheet

In many ways, BHP Group is very similar to Rio Tinto. For instance, both are global mining companies that are headquartered in Australia with a highly diversified portfolio of divisions. Both also carry a huge market capitalization with a high-dividend yield policy in place. In the case of BHP Group, this mining stock is involved in the extraction of metals such as nickel, copper, iron ore, and potash.

Furthermore, BHP Billion is also home to a global oil and gas division. Much like Rio Tinto, you will find BHP Group stocks listed on the NYSE. Over the course of the prior year, BHP Group stocks are down just over 10%. However, figures over the past five years show growth of almost 60%. Once again, this surpasses the NYSE Composite’s average growth of 49% over the same period.

BHP Group

When it comes to dividends, this is where BHP Group really stands out. After all, this dividend stock is offering a running yield of over 12% as of writing. Looking at the financials, BHP Group’s performance saw year-on-year revenue growth of 70% in its most recent quarterly report, alongside net income gains of 140%. Most importantly, its net change in cash grew by over 765%.

67% of retail investor accounts lose money when trading CFDs with this provider.

3. Barrick Gold  – Great Mining Stock to Gain Exposure to Gold

If you’re looking for the best mining stocks to gain exposure to gold, you might want to consider Barrick Gold. This gold mining company is one of the largest in this particular marketplace, with the firm not only producing millions of ounces annually but typically focusing exclusively on tier-one locations. This means that Gold Barrack will look to operate in mines that produce at least 500,000 ounces per year.

In recent years, management at Gold Barrack has sought to reduce debt levels by offloading non-core mines, which has resulted in a steady increase in cash flow levels. This means that Barrack Gold is now home to a relatively robust balance sheet and thus – the firm is able to offer stockholders a consistent dividend policy.

barrack gold stocks

In its most recent distribution, the firm paid $0.09 per share. In terms of its stock price action, it goes without saying that Gold Barrack is heavily reliant on the global spot price of this precious metal. This means that you should expect enhanced volatility levels with this stock. Over the course of the past year, the stocks have fluctuated between 52-week lows and highs of $17 and $25 respectively.

67% of retail investor accounts lose money when trading CFDs with this provider.

4. Sibanye Stillwater  – Top Mining Stock for Growth Potential

Many mining companies active in this market can be defined as growth stocks. At the forefront of this is Sibanye Stillwater – which is a South Africa-based precious metals producer with operations across Africa, as well as North and South America. In particular, this mining stock specializes in chrome, iridium, and nickel – so the firm offers a diversified way to gain access to the precious metals industry.

As of writing, the stocks are carrying a modest market capitalization of just over $8 billion. As such, there is plenty of upside potential with this stock. This sentiment is shared by JP Morgan, which has Sibanye Stillwater rated as a buy. Over the course of the prior five years, Sibanye Stillwater stocks have increased by over 184% – so the mining firm has outperformed the wider market by some distance.

Sibanye Stillwater stocks

Furthermore, with a P/E ratio of just over 3.1 times as of writing, this stock looks too cheap to turn down. Another core reason why we think that Sibanye Stillwater could be one of the best mining stocks to buy right now is that the firm is offering a running dividend yield of over 13% based on current prices. Such an attractive dividend is unusual for a medium-cap stock.

67% of retail investor accounts lose money when trading CFDs with this provider.

5. Arch Resources  – Low-Cap Mining Stock to Capitalize on Coal Production

Although many investors are focused on renewable energy stocks that concentrate on green technologies, it is important to remember that in 2020, nearly 20% of US electricity generation came from coal. And as such, this could be a great mining stock division to target. In this respect, we like the look of Arch Resources – which is the second-largest supplier of coal in the US.

Interestingly, Arch Coal – which trades as Arch Resources on the NYSE, carries a tiny market capitalization of just over $1 billion as of writing. Therefore, even with the firm’s high P/E ratio, it could be argued that this mining stock is undervalued. Furthermore, this top-rated coal supplier is one of the best-performing stocks of 2021, with growth of over 86% with just two weeks of the year left.

Arch Coal stocks

Arch Resources also has a dividend policy in place, with the firm offering a modest running yield of just 1.20% as of writing. If you do decide to add this stock to your portfolio, it is important to keep an eye on the development of renewable energies – especially in the US market. After all, the general consensus is that over the course of the next decade or so, fossil fuels like coal will eventually be replaced by greener alternatives.

67% of retail investor accounts lose money when trading CFDs with this provider.

How to Choose the Best Mining Stocks for my Portfolio?

Choosing the best mining stocks for your financial profile and tolerance for risk can be a daunting task. After all, many of the niche marketplaces in this sector are cyclical.

This means that raw materials and precious metals like iron ore, gold, and coal will experience short-to-medium trends in both directions. In other words, firms operating in this space are often reliant on global spot prices on the products that they mine. 

To help you choose the best mining stocks for your investment goals, the sections below will explore the main considerations to make before proceeding.

Mining Stock Industries

The first thing to look or when selecting the best mining stocks for your portfolio is to think about the specific industries that you are interested in.

  • For instance, in the sections above, we discussed a number of mining stocks that are involved in a diversified range of metals – such as copper, uranium, iron ore, and nickel.
  • You then have companies that are involved in the exploration of gold and silver, and even energies like coal or natural gas.

Other industries to consider when buying mining stocks include construction (e.g. crushed stone and limestone and fertilizers (e.g. phosphate and potash).

Consider Cyclical Trends

It goes without saying that there is often a strong correlation between the value of a mining stock and the global spot price of the respective product. For example, Barrack Gold is one of the world’s largest gold mining companies – so it makes sense that the stocks will perform well when the precious metal is in high demand. Equally, when demand for gold declines, it is likely that Barrack Gold stocks will follow suit.

gold price spot

This means that when you invest in mining companies, you are essentially buying cyclical stocks. Therefore, mining stocks are arguably more suited for a short-to-medium swing trading strategy. This means that you will need to try and follow market trends on the specific mining products – in terms of global spot prices.

Balance Sheet

We briefly mentioned earlier that many mining stocks active in the space are still at their growth stages.

  • This typically means that the stock carries a small market capitalization and that due to a lack of free cash flow – it might only be involved in a selection of operations.
  • In turn, this means that you could be investing in companies with a weak balance sheet.
  • If this is the case, the risk/reward spectrum increases drastically.
  • For example, if you invest in a large-cap mining stock like Rio Tinto or BHP Group, you are buying shares in companies with a robust balance and strong financials.

However, if you were to invest in a small-cap growth stock like Arch Resources, you are taking on considerably more risk.

Dividends

You might be surprised to learn that mining companies are some of the best dividend payers on the stock market. In fact, many of the mining stocks that we have discussed today offer a double-digit running dividend yield as of writing.

  • For example, Rio Tinto is offering a running yield of over 10% while at BHP Group, this is even higher at 12%.
  • Even a small-cap mining stock like Sibanye Stillwater is offering a running yield of over 13% – which is huge.

However, if you’re looking to buy mining stocks for high dividends, it is important to assess the strength of the firm’s balance sheet before investing. After all, if the company is experiencing a decline in free cash flow, it might not have the required capital to sustain its dividend policy.

Invest in a Mining ETF

If the thought of having to choose individual mining stocks for your portfolio is daunting, you might want to consider a suitable ETF instead.

In doing so, you will be able to invest in a basket of mining stocks via a single trade. Furthermore, the financial institution behind the mining ETF will rebalance its portfolio on your behalf – so you can truly invest in a passive nature.

  • One such example is the Global Metals & Mining Producers ETF offered by iShares.
  • This ETF gives you access to over 200+ mining companies from a variety of industries and at various weights.
  • This includes everything from BHP Group and Rio Tinto to Glencore and Freeport McMoran.

In taking the ETF route, you will also be entitled to your share of any dividends that the provider receives on your behalf.

Where to Buy Mining Stocks – Full Broker Reviews

So far in this guide, we have discussed the best mining stocks in the market right now and how you can choose your own investments based on a number of core factors.

In this section, we are going to explore which brokers allow you to buy mining stocks in a simple and cost-effective manner.

1. eToro – Overall Best Place to Buy Mining Stocks

bitcoin today

Put simply, eToro allows you to buy and sell all of the top-rated mining stocks that we have discussed today. Not only can you do this via eToro without paying a single cent in commission, but you only need to meet a minimum investment of $10 per trade. This low-cost, small minimum policy allows you to buy mining stocks in a diversified manner. In terms of supported markets, eToro offers thousands of shares across the US and intentional exchanges.

The latter includes markets in Hong Kong, Germany, the UK, Canada, and more. Best of all, the previously mentioned 0% commission policy also applies to non-US listed stocks – which isn’t something offered by any of the other brokers that we will review today. On top of individual mining stocks, eToro also gives you access to ETFs – many of which focus on raw materials and metals. The minimum here is also just $10 per trade and you won’t be charged any commission to invest.

etoro copy portfolio

Other asset classes supported by eToro include cryptocurrencies, forex, indices, and commodities. You will also find a Copy Trading service that allows you to mirror the buy and sell positions of a seasoned eToro investor. Once you elect to copy an eToro trader, any investments that they make will automatically be reflected in your own portfolio. What we also like about eToro is that the broker allows you to open an account in less than 5 minutes and the minimum deposit stands at just $50.

Furthermore, all deposits made in US dollars are processed free of any transaction charges. Supported payment methods to choose from at eToro include debit/credit cards, Paypal, Neteller, bank wires, ACH, and more. In choosing eToro to buy mining stocks, you will be using a broker that takes regulation seriously. Not only is the platform authorized and licensed by the SEC, but also with regulators in the UK, Australia, and CySEC. Finally, eToro is now used by over 20 million clients – which makes it one of the most popular brokerage sites globally.

Pros

  • Invest in stocks at 0% commission
  • Minimum investment per stock is $10
  • Supports debit/credit cards, e-wallets, and bank transfers
  • Regulated by the SEC, FCA, ASIC, and CySEC
  • Used by over 20 million people
  • Perfect for beginners
  • Social and copy trading tools

Cons

  • Perhaps too basic for technical traders
  • No support for MT4 or MT5

 67% of retail investor accounts lose money when trading CFDs with this provider.

2. Webull – Buy Mining Stocks at 0% Commission

webull review

Another option to consider when investing in the best mining stocks online is Webull. This particular option is best-suited for those of you that wish to focus on US-listed mining companies, as Webull offers a very limited number of foreign stocks. The broker is simple to use and fees are very competitive – especially when you consider that Webull charges no commissions on US-listed equities.

webull review

You can also trade commission-free at Webull when buying and selling stock options, ETFs, and cryptocurrencies. You can invest in stocks at Webull on a fractional basis by meeting a minimum of just a few dollars. You won’t need to meet a minimum first-time deposit to get started either, so Webull is highly suited to those looking to invest small amounts into the mining sector.

Pros

  • Thousands of US-listed stocks
  • 0% commission trading
  • Also supports ETFs and stock options
  • No minimum deposit

Cons

  • No support for debit/credit card deposits
  • Very limited selection of non-US stocks
  • Spreads can be somewhat high
  • Wire transfer withdrawals cost $25 per transaction

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

3. Merrill Edge – Online Brokerage With a Variety of Investment Accounts   

Merrill Edge review

US-based brokerage firm Merrill Edge is home to a diverse range of investment products that cover stocks, ETFs, mutual funds, fixed-rate bonds, and more. You will find most US-listed mining stocks when using this broker – all of which you can purchase on a 0% commission basis. We found that Merrill Edge is competitive when it comes to spreads too – but execution times can be slow.

Merrill Edge review

You have several account types to choose from at this broker – including a number of IRAs. If you open a self-directed investment account, you won’t be required to meet a minimum deposit. You will, however, need to deposit and invest at least $1,000 if you make use of the broker’s automated portfolio builder. Finally, Merrill Edge can be accessed online or via the provider’s app.  

Pros

  • Several account types to choose from
  • Self-directing accounts offer 0% commission stocks
  • ETFs, mutual funds, and bonds also supported 

Cons

  • Financial advisory accounts require minimum investment of $20,000
  • No direct fractional share purchases    

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

4. Interactive Brokers – Trade Mining Stocks at 0% Commission

Interactive Brokers

If you are looking to build a global portfolio of mining stocks from a wide variety of industries and markets, Interactive Brokers is one of the platforms for the job. This is because the trusted brokerage offers access to markets in 33 different countries around the world. Fees on your mining stock purchases will depend on where the company is listed.

Interactive Brokers

For instance, if you decide to invest in a US-listed stock like BHP Group or Rio Tinto, Interactive Brokers will not charge you any commission. This is on the proviso that you are US-based and open a self-directed account. On the other hand, each international market will come with its own pricing policy, so be sure to check this before you invest in foreign mining companies at this broker.

Pros

  • Thousands of investments across 135 markets
  • Advanced trading platform for seasoned investors  

Cons

  • Low fees only offered on US-listed stocks
  • Too complicated for beginners 
  • Debit card deposits and withdrawals not available     

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

5. Zacks Trade – Top Broker for Advanced Traders  

zacks trade review

Although Zacks Trade isn’t necessarily a good option if you’re a beginner, this top-rated platform is highly suited to those that seek an advanced brokerage site. In opening an account with Zacks Trade, you will have access to comprehensive market insights, real-time financial news throughout the day, company earnings reports, and even a full suite of technical indicators.

zacks trade review

If you’re comfortable using these tools, Zacks Trade offers a huge number of mining stocks from both the US and foreign markets. When you buy mining stocks that are listed in the US, you will pay just 1 cent for each share purchased. The only exception here is if the mining stock is trading at below $1 per share. If it is, then you will be charged a commission of 1%.

Pros

  • Advanced trading platform
  • Huge research and analysis department
  • Great for seasoned traders

Cons

  • Too complex for beginners
  • Cheaper trading fees available elsewhere
  • Minimum deposit required is $2,500

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

6. Fidelity – Trusted US Brokerage With 7,000+ Stocks   

fidelity review

Fidelity is one of the most established brokerage firms operating out of the US – with the company first incorporated in 1946. In choosing Fidelity to invest in mining stocks, you will be using a broker that is heavily regulated and home to a superb global reputation across millions of clients. Although Fidelity is often used by seasoned traders, the platform is also suitable for casual investors.

This is because if you are buying a mining stock that is listed in the US, you only need to invest a minimum of $1 into the respective share. Furthermore, all US-listed stocks and ETFs at Fidelity are free of commission. When opening a standard account at this broker, no minimum deposit requirements are in place. Non-US listed mining stocks will come with various commissions and higher minimums.      

Pros

  • Trusted US-based brokerage
  • $0 commission on US stocks and ETFs
  • Stock Slice tool allows fractional investments of $1 

Cons

  • Perhaps too complex for newbies
  • Non-US assets come with high fees  

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

7. SoFi – Invest in Mining Stocks via Fractional Shares   

SoFi invest review

In a similar nature to Fidelity, SoFi is another online broker that allows you to invest in small fractions of mining stocks. At SoFi, the minimum requirement per stock investment is just $5. There is no minimum deposit requirement either when opening an active investing account. This account type comes with no ongoing fees and you can also invest in IPOs.

SoFi invest review

If you need a little bit of assistance when investing in the stock markets, SoFI also offers automated portfolios. These are individually built based on your personal goals and risk tolerance. Retirement accounts are also supported – including both Roth and Traditional IRAs. Once you have an account with SoFI, you will be able to buy your chosen mining stocks at 0% commission – providing it’s listed in the US.

Pros

  • Supports fractional shares
  • Offers stocks, ETFs, and crypto
  • Access to IPOs 

Cons

  • Trading platform comes with limited features
  • No copy trading tools
  • Number of supported assets is somewhat limited

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

8. E*TRADE – Good Broker for Long-Term Investments 

E*TRADE review

We found that E*TRADE is a good option for those of you that are looking to invest in mining stocks alongside other financial products. At this broker, you will find a huge selection of ETFs, mutual funds, bonds, and CDs. You also trade financial derivatives like options and futures. When you buy mining stocks at E*TRADE, you won’t pay any commission.

E*TRADE review

This is on the proviso that the stocks are listed on a US-based exchange and that the trade is placed online. Otherwise, additional fees will apply. Although E*TRADE does offer foreign stocks, the number of supported markets is minute – especially in comparison to the likes of eToro and Interactive Brokers. Finally, if you’re a long-term investor – E*TRADE offers a number of retirement accounts to choose from.         

Pros

  • Great for long-term investments
  • Supports a variety of retirement accounts
  • Low fees  

Cons

  • Very limited number of non-US stocks
  • Won’t suit seasoned investors seeking high-level trading tools     

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

9. Robinhood – Excellent US-Based Broker for Beginners 

robinhood review

Robinhood is a popular US-based broker with millions of causal traders under its wing. The platform was one of the first brokers to introduce 0% commission stock trading on US-listed equities. This 0% commission offering is also applicable to US-listed ETFs, options, and cryptocurrencies. By opening a standard account, you won’t pay any ongoing fees.

robinhood review

However, you won’t have access to margin trading facilities and instant deposits are capped at $1,000 per transaction. If you seek greater account tools and features, consider the Robinhood gold plan at just $5 per month. This account type also allows you to earn interest on idle USD balances. Nevertheless, you can invest in mining stocks at Robinhood without needing to meet a minimum across both account types.

Pros

  • No commissions charged
  • Offers US-based stocks, ETFs, and options
  • No minimum deposit
  • Very user-friendly

Cons

  • Spreads can be uncompetitive
  • No support for e-wallets or debit cards
  • No foreign stocks

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

10. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments  

Ally Invest review

The final broker that we like the look of when it comes to investing in the best mining stocks is Ally Invest. Part of Ally Financial – which offers digital current accounts and personal loans, Ally Invest allows you to buy US-listed stocks without needing to pay any commission. We also like the fact that there is no minimum deposit policy in place.

ally invest review

We don’t, however, like that Ally Invest doesn’t support fractional share purchases – although this could be something that the broker introduces in the near future. Until then, you will need to buy at least one full share of your chosen mining stock. You can complete the investment process relatively quickly at Ally Invest and the platform supports stock purchases via its website and native mobile app.

Pros

  • Access banking and investment services via a single platform
  • $0 commission stocks and ETFs
  • No minimum deposit

Cons

  • Does not offer international shares
  • Tools and research features very limited   

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

How to Buy Mining Stocks – Detailed & Explained in Full

To conclude this guide, we are now going to show you how to buy mining stocks at eToro in less than five minutes from start to finish. In selecting this top-rated broker, you will only need to invest $10 into your chosen mining stocks.

Plus, regardless of whether the stocks are listed in the US or overseas, you won’t pay a single cent in commission.

Step 1: Open a Broker Account

You will first need to open an account with eToro – which you can do by filling out the online registration form. This is standard account opening procedure that will collect your personal information and contact details from you.      

how to join etoro

You will also need to supply a copy of your government-issued ID – which you can upload straight onto the eToro website. In the vast majority of cases, we find that eToro is able to verify your identity in less than two minutes.

67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Deposit Funds

Before you can start adding mining stocks to your investment portfolio, you will need to deposit some capital into your eToro account. The minimum first-time deposit stands at just $50 and no fees apply when you fund your account in USD.

Deposit Funds

eToro accepts a wide variety of payment methods – with debit/credit cards being the most popular option. Other payment methods supported include bank wires, ACH, and even e-wallets like Neteller.

Step 3: Search for Mining Stocks

The next step is to use the search bar at the top of the page. All you need to do here is enter the name of the mining stock that you are interested in buying.

rio tinto stocks at etoro

In the example above, you will see that we are searching for Rio Tinto.

Step 4: Buy Mining Stocks

Once you click on the ‘Trade’ button, you will see an order box like in the image below. This is where you need to enter your investment stake. As we covered earlier, you only need to meet a $10 minimum when using eToro to buy mining stocks.

rio tinto stocks at etoro

In our example above, we are looking to invest $20 into Rio Tinto. To complete your mining stock investment, click on the ‘Buy Order’ button. And that’s it – you have successfully learned how to buy mining stocks commission-free.

How to Buy Mining Stocks – Conclusion

The mining sector covers a vast number of industries – with companies involved in this space exploring everything from gold and natural gas to iron ore and copper. This means that in choosing the best mining stocks for your portfolio – it’s worth focusing on metals and materials that are currently in high demand.  

Once you know which mining companies are suitable for your investment goals, consider using eToro to complete your stock purchase. This popular broker permits 0% commission trades not only on US-listed mining companies, but also those based in foreign markets. Crucially, the minimum stock trade at eToro is just $10 per order.

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  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
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About Kane Pepi PRO INVESTOR

Kane Pepi writes for several high profile publications such as InsideBitcoins, the Motely Fool, and Learnbonds. Based in Malta, Kane is extremely skilled at complex subjects related to financial matters - including a Bachelor’s Degree in Finance, a Master’s Degree in Financial Crime, and actively engaged in Doctorate Degree research, for the money laundering threats of the blockchain economy.