Top 10 Financings - November 2020
ORENINC Top 10 Financings - November 2020
North America’s leading junior mining finance data provider
The Oreninc Top 10 Financings for November 2020 consisted of several commodities with Gold and Copper taking the lead with both four spots. Oil & Gas and Uranium are taking up the last two spots.
November 2020 Summary:
Top 10 deals closed: $255.5 million
Total deals closed: $439.2 million
The top 10 deals show a 42% increase from the $179.8 million closed in September while the total deals decreased a little more than 1% in comparison to last month. The Top 10 deals represent 58% of the total deals closed. This shows that with increasing commoditie prices the interest for large deals is picking up. November saw 129 deals close, 7.8% fewer than the 142 deals closed in October.
Top 10 Gold deals closed: $147.7 million
Total Gold deals closed: $216.6 million
The top ten gold raised an aggregated $147.7 million in November, a 37.3% increase from the $107.6 million raised in October and representing 68.2% of the total. Skeena Resources led the way with a $46 million raise followed by Kanadario Gold and Newcore Gold. Total gold financings aggregated $216.6 million in November accounting for 49.3% of the total financings closed.
Top 10 Base Metals deals closed: $104.8 million
Total Base Metals deals closed: $115.9 million
The top ten Base Metals raised and aggregated $104.8 million in November, an 83,8% increase from the $57 million raised in October and representing 90.4% of the total. Taseko led the way with a $30 million raise followed by Western Copper and Gold and Copper Mountain Mining. Total Base Metals financings aggregated $115.9 million in November accounting for 26,4% of the total financings closed.
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