Between 2023 and September 2024, the leading disclosed merger and acquisition (M&A) deal within the global mining industry was Newmont's acquisition of Newcrest Mining in May 2023, with a value of 19.12 billion U.S. dollars. China Natural Resources' acquisition of Great Fame, announced in February 2023, was the world's second largest mining industry deal during that timeframe, with a value of more than 17 billion U.S. dollars.
Leading mining industry merger and acquisition deals worldwide in 2023 and 2024, based on value
(in million U.S. dollars)
Target (acquirer, date announced)
Deal value in million U.S. dollars
Newcrest Mining (Newmont, May 2023)
19,120
Great Fame (China Natural Resources, February 2023)
17,500
United States Steel (Nippon Steel, December 2023)
14,900
Elk Valley Resources (Glencore, November 2023)
6,930
Centamin (AngloGold Ashanti, September 2024)
3,740
Polimetall (JSC Mangazeya Plus, February 2024)
3,690
Created with Highcharts 7.2.2Target (acquirer, date announced)Deal value in million U.S. dollars19,12019,12017,50017,50014,90014,9006,9306,9303,7403,7403,6903,690Newcrest Mining (Newmont, May 2023)Great Fame (China Natural Resources, February 2023)United States Steel (Nippon Steel, December 2023)Elk Valley Resources (Glencore, November 2023)Centamin (AngloGold Ashanti, September 2024)Polimetall (JSC Mangazeya Plus, February 2024)
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All of the deals listed in this statistic were acquisitions. This statistic includes figures from more than one edition of the article from the source.
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M. Garside
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Mining Technology. (December 2, 2024). Leading mining industry merger and acquisition deals worldwide in 2023 and 2024, based on value (in million U.S. dollars) [Graph]. In Statista. Retrieved April 20, 2025, from https://www.statista.com/statistics/408947/top-mining-acquisitions-based-on-value-by-trader/
Mining Technology. "Leading mining industry merger and acquisition deals worldwide in 2023 and 2024, based on value (in million U.S. dollars)." Chart. December 2, 2024. Statista. Accessed April 20, 2025. https://www.statista.com/statistics/408947/top-mining-acquisitions-based-on-value-by-trader/
Mining Technology. (2024). Leading mining industry merger and acquisition deals worldwide in 2023 and 2024, based on value (in million U.S. dollars). Statista. Statista Inc.. Accessed: April 20, 2025. https://www.statista.com/statistics/408947/top-mining-acquisitions-based-on-value-by-trader/
Mining Technology. "Leading Mining Industry Merger and Acquisition Deals Worldwide in 2023 and 2024, Based on Value (in Million U.S. Dollars)." Statista, Statista Inc., 2 Dec 2024, https://www.statista.com/statistics/408947/top-mining-acquisitions-based-on-value-by-trader/
Mining Technology, Leading mining industry merger and acquisition deals worldwide in 2023 and 2024, based on value (in million U.S. dollars) Statista, https://www.statista.com/statistics/408947/top-mining-acquisitions-based-on-value-by-trader/ (last visited April 20, 2025)
Leading mining industry merger and acquisition deals worldwide in 2023 and 2024, based on value (in million U.S. dollars) [Graph], Mining Technology, December 2, 2024. [Online]. Available: https://www.statista.com/statistics/408947/top-mining-acquisitions-based-on-value-by-trader/
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