Mining deal activity falls in Q1, but private capital foray signals rebound

Global merger and acquisition (M&A) deal value in the mining and metals sector fell by 45% during the first quarter of 2016, to $3.3-billion, compared with the previous corresponding period. Advisory firm EY revealed in its latest global capital raising and M&A report on Monday that global deal volumes during the same period experienced a similar downward trend, with only 72 deals struck in the first quarter of the year, compared with the 90 struck in the last quarter of 2015.