Metals & Mining industry M&A deals total $921.7m globally in June 2022

Total Metals & mining industry M&A deals worth $921.7m were announced globally in June 2022, led by Orla Mining’s $189.23m acquisition of Gold Standard Ventures, according to GlobalData’s deals database.

The value marked a decrease of 92.2% over the previous month of $11.86bn and a drop of 85.4% when compared with the last 12-month average, which stood at $6.31bn.

Comparing M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $422.21m. At the country level, the Canada topped the list in terms of deal value at $351.61m.

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

The top country in terms of M&A deals activity in June 2022 was Canada with 13 deals, followed by the Australia with 11 and China with four.

In 2022, as of June, Metals & mining M&A deals worth $28.73bn were announced globally, marking an increase of 104.6% year on year.

Metals & mining industry M&A deals in June 2022: Top deals

The top five M&A deals accounted for 72.2% of the overall value during June 2022.

The combined value of the top five Metals & mining M&A deals stood at $665.43m, against the overall value of $921.7m recorded for the month.

The top five Metals & mining industry M&A deals of June 2022 tracked by GlobalData were:

1) Orla Mining $189.23m acquisition deal with Gold Standard Ventures

2) The $161.59m acquisition of UEX by Uranium Energy

3) Polish State Treasury $147.92m acquisition deal for 64.6% stake in Lubelski Wegiel Bogdanka

4) The $92.72m acquisition of Altus Strategies by Elemental Royalties

5) Energy Investment(China) $73.97m acquisition deal for 52% stake in Inner Mongolia Datang International Zhungeer MiningLimited