Amid Covid-19 challenges for raising capital, gold M&As were a feature of Q1 2020
by agnesuipyte
The total value of mining deals declined by $3.4bn to $22.8bn in Q1 2020, a second consecutive decline. A series of challenges and high economic uncertainty has kept investors away from long-term financial instruments with a 32% fall in the capital raised by mining companies during the first quarter.
However, this decline was partially offset by a 26.4% increase in mergers and acquisitions (M&As), especially involving gold.
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