North America’s metals & mining industry saw a drop of 9.88% in deal activity during March 2021, when compared with the last 12-month average, led by First Majestic Silver’s $570m acquisition of Jerritt Canyon Gold, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

 

A total of 73 metals & mining industry deals worth $1.68bn were announced for the region in March 2021, against the 12-month average of 81 deals.

Of all the deal types, M&A saw most activity in March 2021 with 68 transactions, representing a 93.2% share for the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was private equity with five deals capturing a 6.9% share of the overall deal activity for the month.

In terms of value of deals, M&A was the leading category in North America’s metals & mining industry with $1.61bn, followed by private equity deals totalled $74.14m.

North America metals & mining industry deals in March 2021: Top deals

The top five metals & mining deals accounted for 89.3% of the overall value during March 2021.

The combined value of the top five metals & mining deals stood at $1.5bn, against the overall value of $1.68bn recorded for the month.

The top five metals & mining industry deals of March 2021 tracked by GlobalData were:

1) First Majestic Silver’s $570m acquisition of Jerritt Canyon Gold

2) The $311m acquisition deal with GT Gold by Newmont

3) Wheaton Precious Metals International’s $290m asset transaction with Capstone Mining

4) The $274.4m acquisition of Battle North Gold by Evolution Mining

5) Augusta Investments’ private equity deal with Solaris Resources for $55.6m.