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  1. Deals Analysis
June 22, 2022

Metals & Mining industry cross border deals total $9.1bn globally in May 2022

By Carmen

Total Metals & mining industry cross border deals worth $9.1bn were announced globally for May 2022, with the Gold Fields $6.7bn acquisition of Yamana Gold being the sector’s biggest investment, according to GlobalData’s deals database.

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The value marked an increase of 914.4% over the previous month of $892.18m and a rise of 537.3% when compared with the last 12-month average of $1.42bn.

In terms of number of cross border deals, the sector saw a rise of 22.22% with 22 deals in May 2022 when compared to the last 12-month average of 18 deals.

In value terms, North America led the activity with cross border deals worth $6.73bn in May 2022.

Metals & mining industry cross border deals in May 2022: Top deals

The top five cross border deals accounted for 99.3% of the overall value during May 2022.

The combined value of the top five cross border deals stood at $8.99bn, against the overall value of $9.1bn recorded for the month.

The top five Metals & mining industry cross border deals of May 2022 tracked by GlobalData were:

1) Gold Fields $6.7bn acquisition deal with Yamana Gold

2) The $2bn acquisition of Denway Development by Seroja Investment

3) OM Materials (S) $120m acquisition deal for 25% stake in OM Materials (Samalaju) Sdn and OM Materials (Sarawak) Sdn

4) The $105m acquisition of AO Kun-Manie by Stanmix Holding

5) B2Gold $64.67m acquisition deal with Oklo Resources

Related Companies

Verdict deals analysis methodology

This analysis considers only announced and completed cross border deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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