China makes record investment in Argentina’s mining sector

State-owned Chinese mining company Shandong Gold has hired Norton Rose Fulbright in Beijing and Toronto, Brons & Salas in Buenos Aires and Appleby in Hong Kong to purchase a 50% stake in Barrick Gold’s Veladero mine for US$960 million.

China makes record investment in Argentina’s mining sector Articulating trucks at the Veladero mine , Wikimedia.org/GRITTA, Antonio

Davies Ward Phillips & Vineberg LLP in Toronto and Bruchou, Fernández Madero & Lombardi in Buenos Aires advised Canadian miner Barrick, which announced the deal earlier this month.

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