The number of transactions with assets in the mining and metallurgical sector decreased by 30 percent

The mergers and acquisitions in the world mining and metallurgical industry became a third less in the first half of 2013. This is said in Ernst & Young. "Investors have lost confidence in the mining industry and metallurgy, which became very sensitive to short -term economic news," the report is said by the report digital signature .

According to British analysts, only a steady increase in raw materials can be a trigger for starting the acquisitions of many assets put up today in the M&A market.

In the first six months of this year, 350 transactions with mining and metallurgical assets totaling 78 billion $ 600 million were enclosed in the world. The most active market in 2013 was North America in which M&A transactions reached 19 billion 800 million dollars, which were mainly related to the internal consolidation of assets in Canada and the USA.

Ernst & Young emphasized that 10 percent of the total $ 1 billion had 80 percent of the total turnover for 10 mega meters of money, while in the first half of 2012, only 30 percent of the total amount of the total amount was 12 mega.

Gold-bearing assets became record holders in the first half of the year due to internal Russian transactions of 8 billion 900 million dollars or 18 percent of all M&A transactions in the world mining and metallurgical industry.

“Low prices and many offers could revive the market. Nevertheless, mining and metallurgical companies are cautioned by the investment of capital,” said Lee Doungham, head of the research and metallurgical sector of the Ernst & Young.