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United Kingdom: US metals & mining industry M&A deals total $1.83bn in Q2 2020

Total metals & mining industry M&A deals in Q2 2020 worth $1.83bn were announced in the US, according to GlobalData’s deals database.
The value marked an increase of 65.5% over the previous quarter and a rise of 11.9% when compared with the last four-quarter average of $1.64bn.
The US held a 20.7% share of the global metals & mining industry M&A deal value
that totalled $8.86bn in Q2 2020.
In terms of deal activity, the US recorded 42 deals during Q2 2020, marking a rise of
35.5% over the previous quarter and a rise of 20% over the last four-quarter
average.
The US metals & mining industry M&A deals in Q2 2020: Top deals
The top five metals & mining industry M&A deals accounted for 99.4% of the overall
the value during Q2 2020.
The combined value of the top five metals & mining M&A deals stood at $1.82bn,
against the overall value of $1.83bn recorded for the month.
The top five metals & mining industry deals of Q2 2020 tracked by GlobalData were:
‘s $1.78bn merger of Alacer Gold and SSR Mining
The $23.78m merger of Evrim Resources and Renaissance Gold by
Metalla Royalty and Streaming’s $5.77m asset transaction with The $4m acquisition of Idaho North Resources by Metalla Royalty and Streaming Greenpro Capital’s acquisition of Millennium Sapphire for $4m.


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