Total Metals & mining industry deals worth $9.8bn 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 24.9% over the previous month of $7.86bn and a rise of 73.5% when compared with the last 12-month average of $5.66bn.
In terms of number of deals, the sector saw a drop of 9.26% with 49 deals in May 2022 when compared to the last 12-month average of 54 deals.
In value terms, North America led the activity with deals worth $7.44bn in May 2022.
Metals & mining industry deals in May 2022: Top deals
The top five deals accounted for 97.5% of the overall value during May 2022.
The combined value of the top five deals stood at $9.57bn, against the overall value of $9.8bn recorded for the month.
The top five Metals & mining industry 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) Sandstorm Gold $646.37m acquisition deal with Nomad RoyaltyLtd
4) The $120m acquisition of 25% stake in OM Materials (Samalaju) Sdn and OM Materials (Sarawak) Sdn by OM Materials (S)
5) Stanmix Holding $105m acquisition deal with AO Kun-Manie
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.