In 2023, the total global value of all mergers and acquisitions (M&A) in which gold was the target commodity amounted to more than 21 billion U.S. dollars. In comparison, the total value of copper deals worldwide that year was less than five billion U.S. dollars.
Mining industry merger and acquisition deal value worldwide in 2023, by selected commodity
(in million U.S. dollars)
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Mining industry merger and acquisition deal value worldwide in 2023, by selected commodity
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The figures include only mining and metals M&A activity from 2023 that had met the following criteria: a minimum deal value of 10 million U.S. dollars and a volume of one million ounces of gold or 100,000 metric tons of base metals in the acquired reserves and resources.
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M. Garside
Research lead covering energy, chemicals & resources
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S&P Global Market Intelligence. (May 9, 2024). Mining industry merger and acquisition deal value worldwide in 2023, by selected commodity (in million U.S. dollars) [Graph]. In Statista. Retrieved April 24, 2025, from https://www.statista.com/statistics/255704/global-mining-deals-value-by-resource/
S&P Global Market Intelligence. "Mining industry merger and acquisition deal value worldwide in 2023, by selected commodity (in million U.S. dollars)." Chart. May 9, 2024. Statista. Accessed April 24, 2025. https://www.statista.com/statistics/255704/global-mining-deals-value-by-resource/
S&P Global Market Intelligence. (2024). Mining industry merger and acquisition deal value worldwide in 2023, by selected commodity (in million U.S. dollars). Statista. Statista Inc.. Accessed: April 24, 2025. https://www.statista.com/statistics/255704/global-mining-deals-value-by-resource/
S&P Global Market Intelligence. "Mining Industry Merger and Acquisition Deal Value Worldwide in 2023, by Selected Commodity (in Million U.S. Dollars)." Statista, Statista Inc., 9 May 2024, https://www.statista.com/statistics/255704/global-mining-deals-value-by-resource/
S&P Global Market Intelligence, Mining industry merger and acquisition deal value worldwide in 2023, by selected commodity (in million U.S. dollars) Statista, https://www.statista.com/statistics/255704/global-mining-deals-value-by-resource/ (last visited April 24, 2025)
Mining industry merger and acquisition deal value worldwide in 2023, by selected commodity (in million U.S. dollars) [Graph], S&P Global Market Intelligence, May 9, 2024. [Online]. Available: https://www.statista.com/statistics/255704/global-mining-deals-value-by-resource/
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