Mining stocks are focused on the location and extraction of metal and mineral reserves. The sector has many companies located around the world – some with large revenues. Metals and minerals are mined for profit and may be used in industrial applications, in jewellery-making or used for investment purposes.

The mining industry is subject to boom and bust cycles that usually reflect global economic conditions. In addition, large investments in resources – such as those made by China over the last decade – can influence prices. In addition, developments in other industries often change the demand dynamics for metals and minerals and support the mining industry.