Metals & mining industry deals in April 2020 total $1.33bn globally

22 May 2020 (Last Updated May 22nd, 2020 07:54)

Metals & mining industry deals in April 2020 total $1.33bn globally

Total metals & mining industry deals for April 2020 worth $1.33bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 58.5% over the previous month and a drop of 65.8% when compared with the last 12-month average of $3.89bn.

In terms of number of deals, the sector saw a drop of 11.1% over the last 12-month average with 96 deals against the average of 108 deals.

In value terms, South and Central America led the activity with deals worth $463.4m.

Metals & mining industry deals in April 2020: Top deals

The top five metals & mining deals accounted for 78.7% of the overall value during April 2020.

The combined value of the top five metals & mining deals stood at $1.05bn, against the overall value of $1.33bn recorded for the month.

The top five metals & mining industry deals of April 2020 tracked by GlobalData were:

1) Newcrest Mining’s $460m asset transaction with Blackstone Tactical Opportunities Fund, Lundin Gold and Orion Resource Partners (USA)

2) The $300m asset transaction with AngloGold Ashanti by Harmony Gold Mining

3) Nuode Investment’s $119.87m acquisition of Fujian Clear View Copper Foils

4) The $100m asset transaction with U.S. Steel by Stelco

5) Northam Platinum’s acquisition of Zambezi Platinum for $69.04m.

Verdict deals analysis methodology

This analysis considers only announced and completed 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.


Visit our ‘Mining Deals Dashboard’ for the latest trends in M&A, PE, and VC activity, top deals and advisory league tables in the mining industry.