As you mentioned, BMO M&M is the obvious top group worldwide for this. Not only do they do very well in North America, but also very well represented in LatAm and Africa deals. 

Then you've got some more of the usual suspects from Canada too. Scotiabank has a pretty good rep for M&M, but National seems to be getting more of the deal flow a bit more recently. CIBC is good too, a bit more represented recently on some of the larger deals though - lower volume, higher deal sizes. CIBC and National get more local deals in the Americas and don't get to work on international deals as much as BMO

Canaccord, and one of its subsidiaries (forgot the name) is ridiculously underrated. While they are absolute beasts in financing transactions, they are absolutely cracked when it comes to M&A too, and get to work on more international deals than any other of the B5 banks except BMO. This is especially true in Africa. While I don't have exact numbers, it seems as if BMO and Canaccord get more deal flow in Africa than any other bank.

Rothschild is strong in the EMEA space, working on larger deal sizes with less volume it seems. They also have a mining office in Toronto, but I believe the cream of their deals are executed out of London.

Macquarie is very strong in mining too, don't know the details tbh.

Looking at Toronto teams in specific, you've got BMO, National, CIBC, Scotia, Canaccord. Globals such as Rothschild and Barclays also have dedicated mining teams based out of Toronto. Then some smaller boutiques like Haywood, Cormark, etc also do mining deals, but they mainly work on very small sized M&A deals and financing transactions.

 
Most Helpful

National recently poached a bunch of MDs from Scotia to build up their Mining group. Would expect Scotia to drop in the coming years because of this.

 

Unde commodi expedita voluptatem numquam ducimus. Sint quas harum alias est dolore eius architecto. Dolore minima eius quo odio quis sed. Rerum sunt pariatur aut voluptatibus. Et quo adipisci molestiae corrupti. Deserunt delectus et et. Ut reiciendis debitis eos dignissimos impedit exercitationem neque assumenda.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (92) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”