Of all the deal types, M&A saw most activity in Q1 2021 with 43 deals, representing an 86% share for the region.
In second place was private equity with seven deals capturing a 14% share of the overall cross border deal activity for the quarter.
In terms of value of cross border deals, M&A was the leading category in North America’s metals & mining industry with $1.28 billion, followed by private equity deals, which totalled $63.8 million.
Top cross border deals in Q1 2021
The top five metals & mining cross border deals accounted for a 75.4% share of the overall value during Q1 2021.
The combined value of the top five cross border deals stood at $1.01 billion, against the overall value of $1.34 billion recorded for the quarter.
The top five metals & mining industry cross border deals of Q1 2021 tracked by GlobalData were:
- Newmont’s $311 million acquisition of GT Gold;
- The $290 million asset transaction with Capstone Mining by Wheaton Precious Metals International;
- Evolution Mining’s $274.4 million acquisition of Battle North Gold;
- The $82 million acquisition deal with Asia Metals by Qiangda Investments & Economics; and
- Augusta Investments’ asset transaction with Solaris Resources for $55.6 million.
