Topic: Infrastructure, mining and commodities

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Golden opportunity: mining sector drives Canadian M&A revival

The latest M&A trends indicate a renaissance in the mining sector with gold activity placing Canada at the forefront, both as a top acquirer and a top target. According to a recent KPMG Mining M&A Quarterly Newsletter, global M&A activity in the mining sector soared in Q2 2014, up significantly in both deal volume and value from Q1 2014. Australia, China, and Indonesia are among the top contributors to M&A activity in the iron ore, mineral sands, and copper sectors, but Canada takes the top spot for the quarter by a large margin, owing primarily to gold deals.

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Q3-2013 Canadian M&A activity: the results are in

The results are in for Q3-2013 Canadian M&A and the outlook is decidedly mixed. While Q3 M&A activity rose sharply on a value basis as compared to Q2-2013, Q3 volume was down from last quarter and overall 2013 M&A remains in a slump at the lowest levels in nearly a decade.

Mergermarket’s Canadian M&A trend report highlighted some less than ideal statistics for the Q1-Q3 period, stating that M&A activity during the period actually fell to the lowest levels since Q1-Q3 2004 and was down 34.6% from the same period in 2012. However, it went on to indicate that so … Continue Reading

Q2 2013 M&A Trends

Canadian M&A Q2 2013 results have not provided the desired relief from lacklustre Q1 results. However, while not much of the lost ground was gained, the sharp decline in M&A activity experienced in the first three months of 2013 appears to have subsided.

According to Bloomberg’s recently published M&A Rankings, these results are in line with global M&A trends. Although global M&A volume decreased by 10% from the same period last year, it increased by 3% to $489 billion from Q2 2013. Deal making activity was highest in the Americas, where Canada was second only to US in rankings … Continue Reading

Mining Interest in Africa Remains High

As shown by attendance at the African Ministers Roundtable held by Norton Rose Canada on March 6, 2012, as part of the PDAC Conference, interest in Africa as a mining destination remains high.

At the roundtable, government representatives from Ethiopia, Guinea, Cameroon, Algeria and Senegal spoke about the latest developments in their countries. As the speakers made clear, countries throughout Africa are seeking to remain competitive in attracting foreign investment while balancing a need to maintain a level of control within the industry.

In 2000, Algeria began a reform of its mining sector aimed at making the industry more friendly … Continue Reading

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