Since the beginning of 2018, global mining sector had 1,349 deals recorded.  The deals had a total value of USD 86.3 billion which is 60 percent higher than that of 2017. Also it’s a 5 year high. During China’s super cycle or in years when metal demands increased rapidly mining M&A deals exceeded USD 100 billion. For example in 2012, deal value reached a record USD 149 billion. On the other hand in 2015 when copper, gold and iron ore reached a low point mining companies focused more on cost reduction and dividend distribution rather than mergers or acquisitions. That year deal value fell to USD 50 billion.

2018 highest mining deal was between “Barrick Gold” and “Randgold Resources” with a value of USD 5.4 billion.

Source: BloombergTv.mn