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  1. Deals Analysis
June 20, 2022

North America’s metals & mining industry saw a rise of 31.58% in deal activity during May 2022

By Carmen

North America’s metals & mining industry saw a rise of 31.58% in deal activity during May 2022, when compared with the last 12-month average, led by Gold Fields’ $6.7bn acquisition of Yamana Gold, according to GlobalData’s deals database.

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A total of 25 metals & mining industry deals worth $7.4bn were announced for the region in May 2022, against the 12-month average of 19 deals.

Of all the deal types, M&A saw most activity in May 2022 with 20 transactions, representing an 80% share for the region.

In second place was venture financing with three deals, followed by private equity deals with two transactions, respectively capturing a 12% and 8% 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 $7.41bn, while venture financing and private equity deals totalled $24.8m and $3.23m, respectively.

North America metals & mining industry deals in May 2022: Top deals

The top five metals & mining deals accounted for 99.6% of the overall value during May 2022.

The combined value of the top five metals & mining deals stood at $7.4bn, against the overall value of $7.4bn recorded for the month.

The top five metals & mining industry deals of May 2022 tracked by GlobalData were:

1) Gold Fields $6.7bn acquisition deal with Yamana Gold

2) The $646.37m acquisition of Nomad RoyaltyLtd by Sandstorm Gold

3) 1363013 B.C. $33.67m acquisition deal for 25.2% stake in Entree Resources

4) The $13m venture financing of AstroForge by Aera VC,Earthrise Capital Partners,Initialized Capital,Liquid 2 Ventures,Seven Seven Six venture fund and Soma Capital

5) Ivor Exploration $10.03m acquisition deal with Panerai Capital

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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