More than 10% of the mining and metals companies listed on the TSX and TSX-V had delisted during 2014 and 2015, according to a new study by professional services firm EY. The report, titled ‘What is driving delisting in the mining and metals sector in Canada?’, found that 41% of companies delisted owing to mergers and acquisitions (M&A) activity, 33% delisted voluntarily, 33% failed to meet continuous listing requirements, and 10% delisted owning to formal insolvency proceedings.