Canada’s metals & mining industry saw a drop of 30.16% in overall deal activity during April 2021, when compared with the last 12-month average, led by Fortuna Silver Mines‘ $881.5m acquisition of Roxgold, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • 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 44 deals worth $980m were announced in April 2021, compared with the 12-month average of 63 deals.

M&A was the leading category in the month in terms of volume with 42 deals, which accounted for 95.5% of all deals.

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.

Company Profile – free sample

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 GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was private equity with one deals, followed by venture financing with one transactions, respectively accounting for 2.3% and 2.3% of overall deal activity in the Canada’s technology industry during the month.

In terms of value of deals, M&A was the leading deal category in Canada’s metals & mining industry with total deals worth $972.36m, while private equity and venture financing deals totalled $7.6m and $0.01m respectively.

Canada metals & mining industry deals in April 2021: Top deals

The top five metals & mining industry deals accounted for 98.3% of the overall value during April 2021.

The combined value of the top five metals & mining deals stood at $963.72m, against the overall value of $980m recorded for the month.

The top five metals & mining industry deals of April 2021 tracked by GlobalData were:

1) Fortuna Silver Mines’ $881.5m acquisition of Roxgold

2) The $50m asset transaction for Getchell Project by i-80 Gold

3) Stratabound Minerals’ $14.67m acquisition of California Gold Mining

4) The $9.95m acquisition deal with JCU (Canada) ExplorationLtd. by UEX

5) Aldebaran Resources-Management Team, Route One Investment Company and Sibanye Stillwater’s private equity with Aldebaran Resources for $7.6m.