7.4.4.2Vertical
Platinum Group Metals Mining
Miners producing platinum, palladium, and rhodium.
Market snapshot
These figures describe Gold & Precious Metals Mining (7.4.4), the segment that Platinum Group Metals Mining sits within — not Platinum Group Metals Mining on its own.
FragmentationConsolidatedEstimate
U.S. Census Bureau, NAICS 212221/212222 (gold & silver ore mining) — ~$10B in 2017; 2022 receipts were confidentiality-withheld given the small number of producers, so the segment is not separately sized for 2022 here. (USGS mine-production value above is source-isolated — not Census receipts.)
Business model & economics
Revenue model
Gold, silver, and precious-metal sales
Key economics
- Recurring revenue
- Moderate
- EBITDA margin
- Cyclical with precious-metal prices
- Capex intensity
- High
recurring production; price-driven
Characteristics
- Led by Newmont (world's largest) and Barrick.
- Concentrated in Nevada and the West.
- Investment/safe-haven demand drives gold prices.
M&A deal context
Deal activityModerate
Who’s acquiring
- Gold-mining majors
- Mid-tier & junior miners
- Royalty & streaming companies
What’s driving deals
- Consolidation among gold majors.
- Reserve replacement and M&A.
- Precious-metal price cycles.
Find Platinum Group Metals Mining acquisition targets
Search Acquisera’s index for companies classified under Platinum Group Metals Mining (7.4.4.2) and build a targeted deal pipeline.
Search companies