Global trading volume of metals and mining industry fell by 37.4% month-on-month in July. List of the top five trading items.

Published: Sep 23, 2020 11:21

Source: SMM compilation

Save

SMM9, March 23: according to a recent report, according to GlobalData's transaction database, the total value of global metals and mining transactions reached 2.13 billion US dollars in July 2020. Compared with $4.12 billion the previous month, the value was down 37.4% from the previous month and 48.4% from the average of $4.12 billion in the last 12 months.

In terms of the number of transactions, the industry is up 69.3 per cent from the average of 193 over the past 12 months, compared with an average of 114. In terms of value, Europe is the leader with $929.27 million in deals.

In July 2020, the top five metals and mining transactions accounted for 58.3% of the total value. The total value of the top five metals and mining transactions was $1.24 billion, with a total value of $2.13 billion recorded for the month. The top five metals and mining transactions tracked by GlobalData in July 2020 are:

1) Fortiana buys Highland Gold Mining for $596.5 million

2) Nord Gold buys Cardinal Resources for $253.08 million

3) Grupo Industrial CL buys Grupo Gallardo Balboa SL for $168.3 million

4) Zarva Technology (Group) buys Chifeng Yubang Mining for $139.6 million

5) Auryn Resources acquired Eastmain Resources for $119.22 million.

Copper mining production capacity

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

7 hours ago

Shaanxi-Henan UHV DC Project, Final in "Three Exchanges Nine Direct," to Be Completed by 2028

On March 31, the National Grid announced that the Shaanxi-Henan ± 800 kV UHV DC project, the final project of the "three exchanges and nine direct" projects in the National "14th Five-Year" plan, with a total investment of 19 billion yuan.It starts in Yulin, Shaanxi, and ends in Kaifeng, Henan, passing through Shaanxi, Shanxi, and Henan provinces. The total length of the line is 728 kilometers, the transmission capacity is 8 million kilowatts, and it is planned to be completed and put into operation in 2028.

7 hours ago

National Grid's Panxi UHV AC Project, a $23.2B Investment, to Span 994km and Complete by 2028

On March 31, the National Grid announced that the Panxi UHV AC project, the first UHV AC project to start construction during the "14th Five-Year Plan" of the National Grid, has a total investment of about 23.2 billion yuan. The project will pass through 12 counties (districts) in Liangshan, Yibin, and Leshan, build two 1000 kV substations in Panxi and Chuannan, and expand Tianfu South Station. The total length of the line is 994 kilometers, and it is expected to be completed and put into operation in 2028.

7 hours ago

Apr 5, 2026 02:04

"Fluctuating Copper Prices and Tight Supply Squeeze Secondary Copper Industry, Pressuring Upstream and Downstream"

This week, against the backdrop of fluctuating upward copper prices, the secondary copper industry chain showed a complex situation in which extremely tight upstream raw material supply coexisted with persistent negative margins for downstream finished products. In the secondary copper rod market, SMM data showed that the operating rate fell further to 5.45% this week, down 0.38 percentage points MoM and 25.43 percentage points YoY

Apr 5, 2026 02:04