Total metals & mining industry M&A deals worth $176.12m were announced in Canada in February 2021, with American Lithium’s $125.38m acquisition of Plateau Energy Metals being the sector’s biggest investment, according to GlobalData’s deals database.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

  • 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 a decrease of 65.7% over the previous month of $513.43m and a drop of 82.2% when compared with the last 12-month average of $987.44m.

Canada held a 23.70% share of the global metals & mining industry M&A deal value that totalled $743.23m in February 2021.

In terms of M&A deal activity, the Canada recorded 44 deals during February 2021, marking an increase of 29.41% over the previous month and a drop of 22.81% over the 12-month average.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Canada metals & mining industry M&A deals in February 2021: Top deals

The top five metals & mining industry M&A deals accounted for 93.2% of the overall value during February 2021.

The combined value of the top five metals & mining M&A deals stood at $164.08m, against the overall value of $176.12m recorded for the month.

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

1) American Lithium’s $125.38m acquisition of Plateau Energy Metals

2) The $12.64m acquisition of 2333382 Ontario by Avalon Advanced Materials

3) P2 Gold’ $10m asset transaction with Borealis Mining.

4) The $8.41m acquisition of Garibaldi Resources by Eskay Mining

5) Fancamp Exploration’s acquisition of ScoZinc Mining for $7.64m.