In the Canadian mining industry, there were 101 M&A deals announced in Q1 2024, worth a total value of $543.7m, according to GlobalData’s Deals Database. The $272.4m acquisition of Osino Resources by Yintai Gold was the industry’s largest disclosed deal. GlobalData’s Mining Industry Mergers and Acquisitions Deals report for Q1 2024 helps discover the latest insights on Mining Industry M&A transactions. The report uncovers the analyzes the disruptive themes behind the most notable deals, and helps anticipate shifts in the industry landscape. Buy the report here.

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In value terms, M&A activity in Canada decreased by 93% in Q1 2024 compared with the previous quarter’s total of $8.1bn and fell by 79% as compared to Q1 2023. Related deal volume decreased by 0.98% in Q1 2024 versus the previous quarter and was 50% lower than in Q1 2023.

The top-ranked financial advisors supporting these M&A deals in Canada in Q1 2024 were Eight Capital; Canaccord Genuity Group; Cormark Securities with 2, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Canada in Q1 2024 were Cassels Brock & Blackwell; McCarthy Tetrault; DeHeng Law Offices with 4, 2, 1 deals respectively.

For further understanding of GlobalData's Mining Industry Mergers and Acquisitions Deals by Top Themes in Q1 2024 – Thematic Intelligence, buy the report here.

This content was updated on 23 April 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.