Mining deal value declines $18bn in first half as Covid-19 disrupts flow of capital – GlobalData

Global mining deal value, suffering from the shock from the Covid-19 pandemic, fell by more than $18-billion year-on-year in the first six months of the year, to $46.6-billion, says data analytics company GlobalData.

The company notes that an expected slump in the global economy, steered by a series of challenges, has kept investors away from long-term financial instruments, resulting in a 12.7% year-on-year fall in the capital raised by mining companies.