There has been a mixture of expectation and hope that private equity would replace a significant portion of the capital previously available to mining companies in the Canadian public markets. However, this has not entirely played out. In 2009 for example, $22 billion was raised by mining companies through the Canadian public markets, while 2014 saw private equity invest only $1.47 billion in Canadian listed mining companies.

To outline the changes in the market, we have provided an overview of private equity investment into TSX- and TSXV-listed mining companies since 2011. Data was obtained from various public sources and S&P Capital IQ. We defined “private equity” as investors/buyers categorized as a private investment firm, a financial service investment arm or a corporate investment arm. All figures are in Canadian dollars.

Click here to view report »