Mining deals building quietly

THE number and value of announced mining deals is up strongly this year, signalling the start of a rebound in merger and acquisition activity, according to SNL Financial data.

SNL records show the first six months of 2014 saw 117 announced deals worth $US13.21 billion ($A14.2 billion), up 56% on the 75 deals worth $11.47 billion announced at the same time last year.

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