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  1. Deals Analysis
May 28, 2021updated 24 Mar 2022 4:22am

Metals & Mining industry M&A deals total $1bn in North America in April 2021

Total metals & mining industry M&A deals worth $1bn were announced in North America in April 2021, led by Fortuna Silver Mines’ $881.5m acquisition of Roxgold, according to GlobalData’s deals database.

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The value marked a decrease of 37.9% over the previous month of $1.61bn and a drop of 23.7% when compared with the last 12-month average of $1.31bn.

North America held a 30.86% share of the global metals & mining industry M&A deal value that totalled $3.24bn in April 2021. With a 30.01% share and deals worth $972.36m, Canada was the top country in North America’s M&A deal value across metals & mining industry.

In terms of M&A deal activity, North America recorded 49 deals during April 2021, marking a decrease of 28.99% over the previous month and a drop of 37.18% over the 12-month average. Canada recorded 42 deals during the month.

North America metals & mining industry M&A deals in April 2021: Top deals

The top five metals & mining industry M&A deals accounted for 98.2% of the overall value during April 2021.

The combined value of the top five metals & mining deals stood at $982.12m, against the overall value of $1bn recorded for the month.

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

1) Fortuna Silver Mines’ $881.5m acquisition of Roxgold

2) The $50m asset transaction for Getchell Project in Nevada by i-80 Gold

3) Osisko Gold Royalties’ $26m asset transaction for Spring Valley Royalty Portfolio

4) The $14.67m acquisition of California Gold Mining by Stratabound Minerals

5) UEX’s acquisition of JCU (Canada) ExplorationLtd. for $9.95m.

Related Companies

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.

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