The value marked an increase of 156.01% over the previous quarter of $8.07bn and a rise of 35.9% when compared with the last four-quarter average, which stood at $15.2bn. 

Comparing M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $7.86bn. At the country level, the Canada topped the list in terms of deal value at $7.78bn. 

In terms of volumes, Asia-Pacific emerged as the top region for Metals & mining industry M&A deals globally, followed by North America and then Europe. 

The top country in terms of M&A deals activity in Q2 2022 was the Canada with 30 deals, followed by Australia with 26 and China with 15. 

In 2022, M&A deals worth $28.73bn were announced globally in metals and mining industry, marking an increase of 104.6% year on year. 

The top five M&A deals in the metals and mining industry accounted for 104.6% of the overall value during Q2 2022. The combined value of the top deals stood at $17.21bn, against the overall value of $20.7bn recorded for the quarter. 

The top five metals and mining deals of Q2 2022, as tracked by GlobalData, were: 

1. Gold Fields $6.7bn acquisition deal with Yamana Gold 
2. The $6.3bn acquisition of 30% stake in Polyus by the Akropol Group 
3. Seroja Investment’s $2bn acquisition deal with Denway Development 
4. The $1.57bn acquisition of China Aluminum Zhongzhou Aluminum and Chinalco Shandong by China Aluminum New Materials 
5. Sandstorm Gold $646.37m acquisition deal with Nomad Royalty