{"id":1201006,"date":"2020-08-11T12:40:24","date_gmt":"2020-08-11T17:40:24","guid":{"rendered":"https:\/\/www.mining.com\/?p=1032382"},"modified":"2020-08-11T12:40:24","modified_gmt":"2020-08-11T17:40:24","slug":"global-mining-ma-deals-total-8-86-billion-in-q2-report","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1201006","title":{"rendered":"Global mining M&A deals total $8.86 billion in Q2 — report"},"content":{"rendered":"

A total of $8.86 billion worth of M&A deals were announced in the metals and mining industry globally during the second quarter of 2020, according to latest reports from GlobalData<\/a>.<\/p>\n

This value represents an increase of 29.1% over the previous quarter and a decline of 14.4% when compared with the last four-quarter average, which stood at $10.35 billion.<\/p>\n

Comparing deals value across different regions of the world, Asia-Pacific held the top position with total reported deals in the period worth $4.27 billion. At the country level, Canada topped the list with $2.92 billion worth of M&A deals announced.<\/p>\n

In terms of volumes, North America emerged as the top region for M&A deals in the metals and mining industry, followed by Asia-Pacific and then Europe. The top country in terms of M&A deals activity in Q2 2020 was Canada with 151 deals, followed by Australia with 80 and the US with 42.<\/p>\n

As of quarter-end, M&A deals totalling $17.16 billion in value were announced globally, marking a decrease of 39.6% year on year.<\/p>\n

Top deals in Q2 2020<\/h2>\n

The top five metals and mining M&A deals accounted for 59.2% of the overall value during Q2 2020. The combined value of these deals stood at $5.24 billion, against the overall value of $8.86 billion recorded for the period.<\/p>\n

The top five metals and mining industry deals tracked by GlobalData were:<\/p>\n