The value of mergers and acquisitions in the global mining industry surged last year as the race for resources accelerated, according to a report that ranked Canadian companies at the top of the M&A list. Deal valuations will rise at an even faster pace in 2011 as equity in mining companies appreciates alongside rising prices for metals, according to an annual report, released on Thursday by PricewaterhouseCoopers. The firm, which advises companies on M&A, tracked 2,693 global mining deals in 2010 worth a total of $113 billion.
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