Deals in the dumps — Global #Mining Deals in H1 2013 fell by 31% - PwC Canada

The deals that do get done over the next several months will help shape the future of the mining industry and determine its key players 

the number of deals across the global mining sector fell by 31% in the first half of 2013 compared to the same time last year, which was already considered to be a slow time for deal activity.
Deal value fell 74% to US$20.6 billion between January and June 2013 versus the same period last year, which was a period highlighted by Glencore International plc’s US$54-billion purchase of Xstrata plc (GlenX), the largest-ever takeover in the sector. Even without the blockbuster GlenX agreement, deal values were down 21% for the first half of 2013 as compared with a year earlier. 
Gold and copper continued to be the most active for buyers and sellers in the first half of 2013. That trend is expected to continue as depressed prices create opportunities for companies that can afford to buy, and may force others to sell.

See the full PWC report here:  Deals in the dumps — Global Mining Deals: 2013 Mid-year report | PwC Canada

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