Australia’s metals & mining industry saw a rise of 33.3% in overall deal activity during September 2020, when compared with the last 12-month average, according to GlobalData’s deals database.
Go deeper with GlobalData
- Embed this chart
Embed this chart into your website
Copy and paste the code below into your website to display the chart.
A total of 32 deals worth $68.1m were announced in September 2020, compared to the 12-month average of 24 deals.
M&A was the leading category in the month in terms of volume with 30 deals which accounted for 93.8% of all deals.
In second place was private equity with two deals accounting for 6.3% of overall deal activity in the country’s metals & mining industry during the month.
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.
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 GlobalDataIn terms of value of deals, M&A was the leading deal category in Australia’s metals & mining industry with total deals worth $60.52m, followed by private equity deals totalled $7.58m.
Australia metals & mining industry deals in September 2020: Top deals
The top five metals & mining industry deals accounted for 85.9% of the overall value during September 2020.
The combined value of the top five metals & mining deals stood at $58.46m, against the overall value of $68.1m recorded for the month.
The top five metals & mining industry deals of September 2020 tracked by GlobalData were:
1) Auris Minerals’ $16.49m acquisition of Sams Creek Gold
2) The $14.58m asset transaction with Novo Resources by Calidus Resources
3) Calidus Resources’ $14.21m asset transaction with Novo Resources
4) The $7.48m private equity deal with Southern Gold by Crescat Capital, Illwella and Metal Tiger
5) Trident Royalties’ asset transaction with Apollo Consolidated for $5.69m.
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.
