Deals analysis: metals & mining industry M&A deals total $6.9bn in Canada in Q4 2021 

Total metals & mining industry M&A deals worth $6.9bn were announced in the Canada in Q4 2021, led by Newcrest Mining’ $2.8bn acquisition of Pretium Resources, according to GlobalData’s deals database. 

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The value marked an increase of 1607.7% over the previous quarter and a rise of 210.8% when compared with the last four-quarter average of $2.23bn. Canada held a 19.59% share of the global metals & mining industry mergers and acquisition (M&A) deal value that totalled $35.38bn in Q4 2021.

In terms of deal activity, the Canada recorded 31 M&A deals during Q4 2021, marking a flat growth over the previous quarter and a drop of 25.75% over the last four-quarter average. 

The combined value of the top five metals & mining M&A deals stood at $5.97bn, against the overall value of $6.9bn recorded for the quarter. 

The top five metals & mining industry M&A deals of Q4 2021 tracked by GlobalData were: 

  1. Newcrest Mining’s $2.8bn acquisition deal with Pretium Resources 

  1. Kinross Gold’s $1.42bn acquisition of Great Bear Resources 

  1. Zijin Mining Group’s $763.83m acquisition deal with Neo Lithium 

  1. Chijin Internationa’s $501.95m acquisition of Golden Star Resources 

  1. Lundin Mining’s $484.7m acquisition deal with Josemaria Resources