{"id":1148068,"date":"2019-11-05T08:20:05","date_gmt":"2019-11-05T14:20:05","guid":{"rendered":"https:\/\/www.mining.com\/?p=1006029"},"modified":"2019-11-05T08:20:05","modified_gmt":"2019-11-05T14:20:05","slug":"canada-saw-fewer-mining-deals-in-september-compared-to-the-rest-of-the-year-report","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1148068","title":{"rendered":"Canada saw fewer mining deals in September compared to the rest of the year \u2013 report"},"content":{"rendered":"<p>Canada&#8217;s metals and mining industry saw a drop of 17.5% in overall deal activity during September 2019, when compared with the last 12-month average, a new report reveals.<\/p>\n<div class='d-flex justify-content-center'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The document, prepared by market intelligence firm GlobalData, presents a review of all deals the industry registered in September.<\/p>\n<p>A total of 33 deals worth $383.35 million were announced during the ninth month of the year. This result is seven deals below the 12-month average of 40 deals per month.<\/p>\n<p>&#8220;M&amp;A was the leading category in the month in terms of volume with 28 deals which accounted for 84.9% of all deals, followed by private equity with five deals which accounted for 15.1% of overall deal activity in the country\u2019s metals &amp; mining industry,&#8221; the report states.&nbsp;<\/p>\n<p>According to GlobalData, in terms of the value of deals, M&amp;A was the leading deal category with total deals worth $368.39 million, followed by private equity deals, which totalled $14.96 million.<\/p>\n<p>The analysis also shows that the top five deals accounted for 94.6% of the overall value during September 2019, which adds up to $362.7 million. These five deals were Osisko Gold Royalties\u2019 $254.73-million acquisition of Barkerville Gold Mines; the $53.08-million acquisition of Core Gold by Titan Minerals; Pretium Exploration\u2019s $41.3-million asset transaction with Osisko Bermuda; the $7.55-million acquisition of Legendary Ore Mining by Lakefield Marketing; and RCF VI CAD\u2019s private equity deal with NorZinc for $6.04 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to GlobalData, the country&rsquo;s metals and mining industry saw a drop of 17.5% in overall deal activity during September 2019.<\/p>\n","protected":false},"author":42,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[2648,369],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1148068"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1148068"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1148068\/revisions"}],"predecessor-version":[{"id":1148159,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1148068\/revisions\/1148159"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1148068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1148068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1148068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}