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The gaming and esports sector is growing in Australia, particularly after coronavirus lockdowns left many people spending increased time at home during 2020. Esports competitions bring both individuals and teams together to play video games. Amateur players were the first competitors, but now the space is full of professional gamers who play for prize money. …

The gaming and esports sector is growing in Australia, particularly after coronavirus lockdowns left many people spending increased time at home during 2020.

Esports competitions bring both individuals and teams together to play video games. Amateur players were the first competitors, but now the space is full of professional gamers who play for prize money.

The esports phenomenon has taken the world by storm, and the land down under is no different. With many tech-focused investors wondering how they can cash in, here's a look at esports investing in Australia.


What's happening in the Australian esports sector?

Esports is a multibillion-dollar industry and it continues to gain traction in many different ways.

Australia is just one esports hub, but it's certainly one to watch. A recent report from PwC shows that the country's total esports revenue came in at AU$5 million in 2019, in line with other mid-tier markets like Mexico, Brazil and Spain. That's up from just AU$1 million four years before.

The firm places the market's compound annual growth rate at 11.13 percent, meaning Australia's total esports revenue should reach AU$8 million by 2024. The nation's esports space is growing at a slower pace than other similar-sized markets, but PwC states that a double-digit compound annual growth rate is still a “strong result," meaning prospects for esports look bright.

As mentioned, COVID-19 has been a recent contributor to esports in Australia. According to PwC, one of the most noteworthy Australian esports events during the pandemic was the V8 Supercars All Stars Eseries, which saw professional drivers take to the racetrack virtually.

Of course, that's not the only Australian esports event worth noting. ESL Australia, a division of global esports events company ESL, bills itself as the operator of the country's largest esports events, including the Intel Extreme Masters, Melbourne Esports Open and the ESL Stage at PAX Arena. ESL Australia offers various services, and boasts that its products reached 2 million Australian esports fans in 2019.

At a smaller scale, Australia looks to be nurturing future generations of gamers — the League of Legends High School League and the Australian Esports High School League Cup are popular with viewers. The latter is a government program that provides structured esports competitions for high school students.

Recognizing the growing popularity of esports, Monash University has also entered the arena, and seeks to nurture and find the next generation of gamers through its Elite Student Performer Scheme.

Australia's gaming and esports ETF offers broad exposure

It's clear esports is gaining traction in Australia, and investors are looking for the best ways to get exposure.

Exchange-traded funds (ETFs) are a popular way to gain access to any given market. These vehicles generally include a basket of stocks focused on a particular investment theme, meaning they track the performance of the sector they follow without being overly affected by any specific company.

In September 2020, the first Australian ETF for professional video games joined the ASX. Called the VanEck Vectors Video Gaming and eSports ETF (ASX:ESPO), it allow investors to tap into the esports trend.

“We believe the growth of video gaming and esports is a trend, not a fad. It reflects structural changes including the increased consumer demand for online entertainment, the rise of interactive entertainment and the fragmentation of the digital media landscape," said Arian Neiron, VanEck's Asia Pacific managing director.

“The eSports and video gaming industry is growing at a breakneck pace, and is already bigger than the cybersecurity industry and robotics industry. Since 2015, video game revenues have seen an annualised growth rate of 13% and it has been estimated that by 2023, video game revenues should hit US$200 billion."

It's worth noting that although this ETF is listed on the ASX, it is not focused specifically on ASX esports and gaming stocks. Its top holdings include NVIDIA (NASDAQ:NVDA), Tencent Holdings (OTC Pink:TCTZF,HKEX:0700) and Advanced Micro Devices (NASDAQ:AMD).

Australia's largest gaming investment option

One of Australia's biggest companies with exposure to esports and gaming is Aristocrat Leisure (ASX:ALL,OTC Pink:ARLUF), a gambling machine manufacturer that now also makes mobile games. Its casino-themed games are free to play, but the company makes money through in-app purchases.

With a market cap of about AU$24 billion, Aristocrat is a behemoth, meaning it offers some stability. However, as a more diverse company, it doesn't offer pure-play exposure to esports and gaming.

Other large ASX-listed esports stocks include Australian gaming and entertainment group Crown Resorts (ASX:CWN), as well as Tabcorp Holdings (ASX:TAH,OTC Pink:TABCF), which provides gambling and entertainment services in three segments: lotteries and keno, wagering and media and gaming services.

Smaller Australian esports and gaming stocks

Investors interested in companies that are focused more specifically on esports and gaming may want to look at smaller-cap stocks. The ASX is home to multiple options there as well. A few are listed below — all had market caps of AU$25 million to AU$50 million at the time of publication.

  • Emerge Gaming (ASX:EM1) is developing and marketing Arcade X, its online esports gamification platform in South Africa and Eastern Europe.
  • Esports Mogul (ASX:ESH) is engaged in the esports media and software business in Australia and Singapore.
  • iCandy Interactive (ASX:ICI) is focused on developing and publishing mobile games worldwide.
Click here to learn more about small- to mid-sized Australian esports and gaming stocks.

Don't forget to follow @INN_Australia for real-time updates!

Securities Disclosure: I, Ronelle Richards, hold no direct investment interest in any company mentioned in this article.

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There are many big Australian gold stocks, but these are the five top companies in the sector by market cap.

Australia is the fourth largest producer of gold worldwide, and this past year has brought ups and downs for the commodity. The precious metal hit its 2021 high point early on and fell soon after.

Lately, gold has been resting at a strong price of around US$1,800 per ounce, and it seems like it will exit the year that way. It may even be in for a serious price hike if inflationary pressures continue on their current trajectory.

Read on to learn more about Australia’s five top gold companies by market cap. All market cap and share price information was obtained on November 25, 2021, using TradingView's stock screener.


1. Newcrest Mining

Market cap: AU$19.54 billion; current share price: AU$24.14

Newcrest Mining (ASX:NCM) operates a portfolio of gold mines across Australia, Canada and Papua New Guinea. These include its New South Wales-based Cadia mine and its Western Australia-based Telfer and Havieron mines.

In November 2021, Newcrest agreed to purchase British Columbia-based Pretium Resources (TSX:PVG,NYSE:PVG) for C$3.5 billion, marking the company’s expansion into Western Canada.

2. Kirkland Lake Gold

Market cap: AU$14.57 billion; current share price: AU$54.99

Kirkland Lake Gold (ASX:KLA) has mining operations in Australia and Canada, both of which are low-risk, gold-rich countries. The company’s Fosterville mine is based in Victoria, Australia, and as of December 31, 2018, its mineral reserves stood at 2.7 million ounces. It produced 640,467 ounces in 2020.

In September 2021, Kirkland Lake Gold and Agnico Eagle Mines (TSX:AEM,NYSE:AEM), a Canadian gold miner, announced a “merger of equals." The new company will go by the name Agnico Eagle Mines, and the companies expect the transaction to close in late 2021 or early 2022.

3. AngloGold Ashanti

Market cap: AU$12.43 billion; current share price: AU$5.83

AngloGold Ashanti (ASX:AGG) is a global gold miner formed in 2004. It has two Australia-based operations, both of which are based in Western Australia’s northeastern goldfields: Sunrise Dam and Tropicana. Sunrise Dam is 100 percent owned, while Tropicana is 70 percent owned, with the remaining 30 percent owned by Regis Resources (ASX:RRL,OTC Pink:RGRNF). In 2020, these operations produced 554,000 ounces of gold.

In Q3 2021, AngloGold Ashanti reported total gold production of 613,000 ounces at a total cash cost of US$927 per ounce. This represents a 5 percent quarter-over-quarter increase in production, though a year-to-date decrease.

4. Northern Star Resources

Market cap: AU$11.39 billion; current share price: AU$9.66

Northern Star Resources (ASX:NST) is an Australian gold-mining company with projects throughout Western Australia and North America at its Kalgoorlie, Yandal and Pogo production centres. In the 2021 fiscal year, Northern Star experienced a 40 percent revenue increase and a 10 percent cash earnings hike.

In late November 2021, Northern Star announced an agreement to buy Newmont Australia’s power business for US$95 million. The company paid US$25 million for the option to purchase this business, an opportunity it was given through its recent 50 percent acquisition of Kalgoorlie Consolidated Gold Mines.

5. Evolution Mining

Market cap: AU$7.53 billion; current share price: AU$4.12

Australian gold miner Evolution Mining (ASX:EVN) has projects throughout New South Wales, Queensland and Western Australia, as well as in Ontario, Canada. Evolution Mining produced 680,788 ounces of gold in the 2021 fiscal year at an all-in sustaining cost of AU$1,215 per ounce.

In 2019, Evolution Mining became one of only two Australian gold companies to be included in the Dow Jones Sustainability Index (INDEXDJX:W1SGI). In 2020 and 2021, the company made several strategic acquisitions and divestments, including its high-value purchases of the Red Lake and the Kundana operations.

This is an updated version of an article originally published by the Investing News Network in 2018.

Don’t forget to follow us @INN_Australia for real-time updates!

Securities Disclosure: I, Isabel Armiento, hold no direct investment interest in any company mentioned in this article.

What are the largest Australian copper companies? These five ASX copper stocks are the biggest on the exchange by market cap.

Last year, pandemic restrictions forced copper mines to shut down across the world, driving down global production and causing the 10 largest copper-mining companies to suffer dramatic losses.

But in 2021, copper hit an all-time high of US$10,700 per tonne, and stayed over US$9,000 for much of the year.

The three top copper-producing countries globally are Chile, Peru and China, with Australia coming in at number six. Still, there are plenty of untapped resources in the land down under, and Australia is making a name for itself as an up-and-coming producer of this important base metal.


Read on to learn more about the top five Australian copper companies on the ASX, ranked by market cap. All market cap and share price information was obtained on November 26, 2021, from TradingView.

1. BHP

Market cap: AU$192.56 billion; current share price: AU$38.03

BHP (ASX:BHP) is a top global producer of copper, nickel, potash, iron ore and metallurgical coal, with copper production centralised at its South Australia-based Olympic Dam mine.

The company, whose headquarters are in Melbourne, Australia, emphasises copper’s function in renewable energy systems and the metal’s critical role in reducing carbon dioxide emissions.

Recently, BHP has focused its attention on its energy assets. In late November, the company merged its oil and gas portfolio with Woodside Petroleum, a deal that was originally struck in August of the same year. On the mineral side of its operations, BHP was looking to acquire Noront Resources (TSXV:NOT,OTC Pink:NOSOF), a Canada-based nickel, copper, chrome and platinum company, but decided not to match a superior offer.

2. OZ Minerals 

Market cap: AU$8.77 billion; current share price: AU$25.70

OZ Minerals (ASX:OZL) is a South Australia-based copper-mining company founded in 2008. Its operations include the Carrapateena project, where construction was completed in 2019, and the upcoming Malu underground mine, which was commissioned in 2015.

In a November press release, OZ Minerals reported a year-to-date 5 percent increase in group ore reserve copper metal tonnes. In its third quarter results, the company reported guidance of between 120,000 and 145,000 tonnes of copper for the year.

3. Sandfire Resources

Market cap: AU$2.59 billion; current share price: AU$6.11

Sandfire Resources (ASX:SFR) owns 7,189 square kilometres in the Bryah Basin region of Western Australia, including its DeGrussa and Monty operations. Both of these are 100 percent owned and produce copper and gold.

The company released its third quarter results in October, reporting total copper production of 15,946 tonnes. Sandfire expects output of between 64,000 and 68,000 tonnes of copper in 2022.

4. 29Metals

Market cap: AU$1.29 billion; current share price: AU$2.63

Australia-based mining company 29Metals (ASX:29M) has the Golden Grove mine in Western Australia and the Capricorn copper mine in Queensland, along with several promising new growth opportunities lined up. 29Metals focuses on copper production, though it also mines for zinc, gold and silver.

According to an October release from the company, production was weaker than expected at Golden Grove during the September quarter. However, the asset's quarter-on-quarter decline of about 10 percent was largely offset by a strong performance at Capricorn.

5. Copper Mountain Mining

Market cap: AU$804.96 million; current share price: AU$3.81

Copper Mountain Mining (ASX:C6C) is a Canadian and Australian copper miner, with its flagship Copper Mountain operation in British Columbia, Canada, and its Eva and Cameron copper projects in Queensland, Australia.

In the third quarter, Copper Mountain Mining reported total output of 22.4 million pounds of copper at its Copper Mountain mine, representing a 12.1 percent quarter-over-quarter decline in production. The company still reported positive cash flow, with strong construction and exploration gains made at its Eva and Cameron projects.

This is an updated version of an article first published by the Investing News Network in 2018.

Don’t forget to follow us @INN_Australia for real-time updates!

Securities Disclosure: I, Isabel Armiento, hold no direct investment interest in any company mentioned in this article.