Metals & mining industry M&A deals in November 2020 total $4.22bn globally

22 December 2020 (Last Updated December 22nd, 2020 12:13)

Metals & mining industry M&A deals in November 2020 total $4.22bn globally

Total metals & mining industry M&A deals in November 2020 worth $4.22bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 29.4% over the previous month and a drop of 0.9% when compared with the last 12-month average, which stood at $4.18bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $2.77bn. At the country level, Canada topped the list in terms of deal value at $2.08bn.

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

The top country in terms of M&A deals activity in November 2020 was Canada with 45 deals, followed by Australia with 17 and the US with 11.

In 2020, as of the end of November 2020, metals & mining M&A deals worth $36.8bn were announced globally, marking a decrease of 20.9% year on year.

Metals & mining industry M&A deals in November 2020: Top deals

The top five metals & mining industry M&A deals accounted for 87.8% of the overall value during November 2020.

The combined value of the top five metals & mining M&A deals stood at $3.71bn, against the overall value of $4.22bn recorded for the month.

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

1) Endeavour Mining’s $1.86bn acquisition of Teranga Gold

2) The $880.63m acquisition of AO UCC Yuzhkuzbassugol by PAO Raspadskaya

3) Kaiser Aluminum’s $670m acquisition of Alcoa Warrick

4) The $150m acquisition of Monarch Gold by Yamana Gold

5) Aurelia Metals’ acquisition of Dargues Gold Mine for $148.81m.

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.