A blockbuster potash bid announced between PotashCorp and K+S AG in late June had the potential to propel global deal value of Q2 2015 to $16.5 billion. Excluding this deal, the quarter still generated $7.8 billion in deal value, up significantly from $3.7 billion recorded in Q1 2015.
While the potash deal was the largest announced deal in the quarter, iron ore and nickel each posted a major transaction, and gold was involved in a spate of smaller deals. Gold and copper were both price gainers in mid-quarter, but finished with slim losses of 3 percent and 5 percent respectively. The global mining stock indices continued their downward trends, posting high single-digit losses.
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