The Best ASX Mining Stocks
to buy Now In
April 2025

Check out our Industry Experts’ report and
analysis on the Best Mining Stocks right now on the ASX

The Best ASX Mining Stocks to buy Now In April 2025

Check out our Industry Experts’ report and analysis on the Best Mining Stocks right now on the ASX

Introduction to ASX Mining Shares

There are over 700 companies, roughly a third of companies on the ASX, involved in the mining and resources sector. It is home to a handful of major miners and hundreds of junior explorers, hoping to find the next big mine. These companies mine or prospect for all sorts of metals from precious metals like gold, to battery metals like lithium.

The fate of the broader ASX is contingent on the performance of mining stocks, whatever sector they are in.

Why invest in mining stocks?

Investing in mining stocks offers exposure to underlying commodities that are key to several industries, including technology and renewable energy. These are stocks with high growth potential, especially in sectors such as lithium (essential for electric cars and energy storage).

Many established mining companies, such as BHP, pay dividends regularly, which can look particularly attractive to income-seeking investors. In addition, mining stocks are a good buffer against inflation. Commodity prices often increase with the level of inflation in general. On the other hand, investors must be aware that they carry risks, both those typical to all stocks and some specific to this industry, particularly commodity prices.

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How to choose the right ASX mining stocks?

Consider your investment objectives and risk tolerance when choosing ASX mining stocks. Learn the ins and outs of the mining industry, take the specifics for granted and understand the ever-changing supply and demand. Compare and contrast businesses based on their management quality, operational efficiency and financial stability. With the growing importance of sustainable practices, environmental and social responsibility must be taken into account. One way to reduce the impact of potential losses is to spread your interests across multiple products and companies.

3 Best ASX Mining Stocks to Buy Now in 2025


BHP Group (ASX: BHP)

BHP, one of the world's largest and most diversified mining companies, operates across multiple sectors, including iron ore, copper, coal, and petroleum. With a strong presence in both Australia and internationally, BHP has built a reputation for stable and consistent performance..

Capricorn Metals


Capricorn (ASX: CMM)

Capricorn Metals is a gold exploration and development company that is becoming increasingly attractive to investors in the precious metals sector. Its flagship project, the Karlawinda Gold Project in Western Australia, hosts significant gold reserves and is expected to play a pivotal role in the company’s future growth.

Fortescue


Fortescue (ASX: FMG)

Fortescue Metals Group is one of Australia's largest iron ore producers, with operations predominantly based in the Pilbara region of Western Australia. The company is known for its low-cost, high-efficiency iron ore production, which has enabled it to maintain a competitive edge in the global market..

3 Best ASX Mining Stocks to Buy Now in 2025

BHP Group (ASX: BHP)

BHP, one of the world's largest and most diversified mining companies, operates across multiple sectors, including iron ore, copper, coal, and petroleum. With a strong presence in both Australia and internationally, BHP has built a reputation for stable and consistent performance.

Its diversified portfolio of assets allows it to weather fluctuations in commodity prices more effectively than many of its peers. The company has a robust financial position, marked by significant cash flows and a disciplined approach to capital management. Investors are attracted to BHP not only for its scale but also for its commitment to shareholder returns through regular and attractive dividends.

Additionally, BHP is actively pursuing initiatives to reduce its environmental footprint, particularly through its investments in renewable energy and carbon-neutral technology, ensuring long-term sustainability. While the mining sector can be volatile, BHP’s size, financial strength, and strategic shift toward greener initiatives position it as a reliable, long-term investment choice for those looking to gain exposure to the global mining industry.

Perseus Mining (ASX: PRU)

Capricorn Metals

Capricorn Metals is a gold exploration and development company that is becoming increasingly attractive to investors in the precious metals sector. Its flagship project, the Karlawinda Gold Project in Western Australia, hosts significant gold reserves and is expected to play a pivotal role in the company’s future growth.

While Capricorn is smaller compared to mining giants like BHP, its focus on high-quality gold assets provides an exciting opportunity for those looking for exposure to gold exploration. The company’s exploration activities in a region known for its rich gold deposits give it significant upside potential if its projects prove successful.

However, as with any smaller mining company, investing in Capricorn carries higher risks, especially as it is still in the development phase. Market volatility and exploration outcomes can cause sharp price movements, but for investors seeking a higher-risk, higher-reward profile, Capricorn offers potential growth in a sector that has traditionally performed well during periods of economic uncertainty.

Bellevue Gold (ASX: BGL)

Fortescue

Fortescue Metals Group is one of Australia's largest iron ore producers, with operations predominantly based in the Pilbara region of Western Australia. The company is known for its low-cost, high-efficiency iron ore production, which has enabled it to maintain a competitive edge in the global market.

Fortescue has built strong relationships with its key customers in China and other emerging markets, positioning itself as a major player in the iron ore sector. Beyond its core iron ore business, Fortescue has made significant investments in renewable energy, particularly focusing on green hydrogen, which could position the company as a leader in the future energy transition. Its commitment to sustainability and future-oriented energy solutions demonstrates its long-term growth potential.

However, Fortescue’s performance remains heavily tied to fluctuations in iron ore prices, which can be volatile. Despite this, its strong operational base, ambitious green energy projects, and ability to adapt to global trends make Fortescue a compelling investment for those seeking exposure to both the mining and sustainable energy sectors. For investors with a long-term view, Fortescue presents an opportunity to benefit from a well-managed, growth-oriented company.

What is the Future Outlook for the ASX Mining Sector?

A mixed picture emerges for ASX Mining Stocks. Ultimately, they all depend on future commodity prices predominantly. Gold is strong and will continue to be for sometime, although many battery metals are stuck in the toilet right now - to the point where some companies like Core Lithium and Panoramic had to mothball their projects.

It is also uncertain as to the impact decarbonisation will have on them. Despite many companies' PR and IR departments claiming their firms are part of the solution as their metals go into technologies like electric vehicles, there is increasing awareness of the environmental impact of mining and a questioning as to whether or not the costs outweigh whatever benefits that may be derived.

The pros and cons of investing in ASX Mining Stocks

Investing in ASX mining stocks offers exposure to core commodities such as iron ore and lithium, which are critical to various industries and represent significant growth potential and potential dividend income. Many of the major miners are significant dividend payers. If you invest in a small cap explorer that find the next big deposit, you can make spectacular returns - just ask investors in companies like De Grey, Chalice or Liontown!

Although the mining industry can generate returns for investors, not to mention for employees and the broader economy, it is more cyclical compared to other sectors. Environmental issues and geopolitical risks in mining areas add additional layers of complexity. In addition, projects in this sector often face long lead times and high initial investment with potential development bottlenecks. By the time Chalice is scheduled to enter production, in CY29, it will have been nearly a decade since it first discovered the Julimar deposit.

Are ASX Mining shares a good investment?

Whether ASX mining stocks are a good investment depends on several factors.

Ultimately, investors want a return and whether or not it is a good investment on the return you make from them. There are some that have proven to be good investments, but others have been less successful.

Major miners might be a good investment for income-oriented investors, although dividends may come at the expense of reinvesting profits back into the business, to buy new projects that could increase profits further.

FAQs on Investing in Mining Stocks

We think the best ASX mining stocks right now are Bellevue Gold, BHP, De Grey and Perseus Mining.

Our Analysis on ASX Mining Stocks

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