Total metals & mining industry cross border M&A deals worth $1.09bn were announced globally in March 2021, led by Newmont’s $311m acquisition of GT Gold, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 63.1% over the previous month of $668.16m and a drop of 37.4% when compared with the last 12-month average, which stood at $1.74bn.

Comparing cross border M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $897.04m. At the country level, the Canada topped the list in terms of deal value at $896.99m.

In terms of volumes, North America emerged as the top region for metals & mining industry cross border M&A deals globally, followed by Asia-Pacific and then South and Central America.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The top country in terms of cross border M&A deals activity in March 2021 was Canada with ten deals, followed by the Australia with six and the UK with three.

In 2021, as of March, metals & mining cross border M&A deals worth $2.87bn were announced globally, marking an increase of 40.1% year on year.

metals & mining industry cross border M&A deals in March 2021: Top deals

The top five cross border M&A deals accounted for 92.9% of the overall value during March 2021.

The combined value of the top five metals & mining cross border M&A deals stood at $1.01bn, against the overall value of $1.09bn recorded for the month.

The top five metals & mining industry cross border M&A deals of March 2021 tracked by GlobalData were:

1) Newmont’s $311m acquisition of GT Gold

2) The $290m asset transaction with Capstone Mining by Wheaton Precious Metals International

3) Evolution Mining’s $274.4m acquisition of Battle North Gold

4) The $85.19m acquisition of Trans-Siberian Gold by Horvik

5) Ascend Global Investment Fund’s acquisition of PT Golden Energy Mines for $50m.