Rise in deals signals growing confidence in metals markets, say analysts

The number of global mining and metals deals is expected to soar as part of a trend that signals strong growth in the global metals market, according to analysts

The number of mining and metals transactions is expected to continue to rise, reflecting strong demand growth, which will lead to more mergers in these sectors, analysts say.

"This reflects that there is growing confidence going forward in terms of demand outlook," says David Wilson, head of metals trading at Société Générale. "If you are a mining company, prices are going to be much stronger going forward, so that would clearly support more and more M&A activity," he adds.

The volume of