In the North American mining industry, there were 148 M&A deals announced in Q3 2024, worth a total value of $11.8bn, according to GlobalData’s Deals Database. The $3bn acquisition of Filo by BHP Group and Lundin Mining was the industry’s largest disclosed deal. GlobalData’s Mining Industry Mergers and Acquisitions Deals report for Q3 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 North America increased by 104% in Q3 2024 compared with the previous quarter’s total of $5.8bn and rose by 192% as compared to Q3 2023. Related deal volume decreased by 12% in Q3 2024 versus the previous quarter and was 10% lower than in Q3 2023.

The top-ranked financial advisors supporting these M&A deals in North America in 9M 2024 were Bank of Montreal; Cormark Securities; Royal Bank of Canada with 5, 5, 5 deals respectively.

The top-ranked legal advisors supporting these M&A deals in North America in 9M 2024 were Cassels Brock & Blackwell; Fasken Martineau DuMoulin; Bennett Jones with 15, 13, 9 deals respectively.

For further understanding of GlobalData's Mining Industry Mergers and Acquisitions Deals by Top Themes in Q3 2024 – Strategic Intelligence, buy the report here.

This content was updated on 19 October 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.