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.
- 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 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.
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.
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 formBy GlobalData
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