Global mining cross-border M&A transactions valued at US$7.7 billion in the fourth quarter of 2020

According to data from the British analysis company GlobalData, in the fourth quarter of 2020, cross-border mining mergers and acquisitions worth US$7.7 billion were announced globally.

Value increased by 593.7% from the previous quarter and increased by 71.5% from the average of $4.49 billion in the past four quarters.

Comparing the value of cross-border M&A transactions in different regions, Europe's total transaction volume announced during this period was US$3.61 billion, ranking first. At the national level, the UK topped the list with a transaction volume of US$2.46 billion.

In terms of transaction volume, North America has become the region with the most cross-border M&A transactions, followed by the Asia-Pacific region, and then Europe.

In the fourth quarter of 2020, the country with the most cross-border M&A transaction activity is the United States with 17 transactions, followed by Australia with 17 transactions and Canada with 12 transactions.

At the end of the fourth quarter of 2020, Global Mining announced a cross-border M&A transaction worth US$20.02 billion, a year-on-year decrease of 28.8%.

Hot deals in the 4th quarter of 2020

In the fourth quarter of 2020, the top five cross-border M&A transactions accounted for 79.3% of the total value. The total value of these transactions was US$6.11 billion, while the total value of this quarter was US$7.7 billion.

The top five cross-border mining transactions tracked by GlobalData in the fourth quarter of 2020 are:

Nova Resources acquired KAZ Minerals for US$2.39 billion;

Endeavour Mining acquired Teranga Gold for US$1.86 billion;

Sandvik acquired DSI Underground for US$1.15 billion;

Nickel Mines' US$490 million asset transaction with Shanghai Decent Investment Group; and

Orion Mine Finance acquired Greenstone Gold Mines GP for US$225 million.

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