Sprott’s Grosskopf expects record M&A activity in 2021

Global investment manager Sprott CEO Peter Grosskopf expects 2021 to be a record year for merger and acquisition (M&A) activity.

He commented during a September 3 Mines and Money Online Connect conference that “all the kindle for the fire is there”, but noted that it had been a slow year owing to Covid-19 restrictions.

During the discussion with junior gold miners and investment managers, Grosskopf said it had been difficult to execute M&A this year, since many companies had been focused on becoming health and safety compliant or adopting remote working strategies.