• 04-SEP-2013

  • By PwC

Miners switch M&A roles & decrease traditional takeovers so far in 2013

Deals in the dumps
A loss of confidence due to write-downs, market uncertainty, and falling commodity and equity prices across the mining sector dampened M&A activity in the first half of 2013 with deal volume dropping 31% from the same period in 2012, and deal values down 74% from January - June 2013, according to PwC's new mining deals report. 

The report also finds that the mining industry's major public companies have taken on different M&A roles in recent months.