Work Area: Mining & metals

Lundin divests Ecuador’s largest gold mine to Australian miner

McCarthy Tétrault in Toronto and Bustamante & Bustamante in Quito have helped Australian mining company Newcrest buy the Fruta del Norte gold mine in south-eastern Ecuador for US$460 million.

29 May 2020

Making a bad situation worse: covid-19 hits Bolivia’s hydrocarbons market

Featured in Covid-19: reporting on a crisis

Bolivia’s oil and gas market has suffered from structural flaws for years, but covid-19 is exacerbating the challenges facing the industry. Indacochea & Asociados energy partners Ricardo Indacochea and Mariana Pereira consider what the global pandemic means for Bolivia’s hydrocarbons sector.

22 May 2020

Ex-BMAJ partner to lead Lembeye’s natural resources practice in Chile

A Bofill Mir & Alvarez Jana Abogados partner has left the firm to join former colleagues at Lembeye Abogados and lead its natural resources practice in Santiago.

20 May 2020

Peru hit with second arbitration claim over mining project

A subsidiary of a Japanese mining company has followed its US partner in launching an International Centre for Settlement of Investment Disputes (ICSID) claim against Peru after their joint venture was handed a demand for US$316 million in royalties.

19 May 2020

Multiple firms steer mining refinancing in Peru

Milbank in New York and García Sayán Abogados in Lima have helped Peruvian mining company Compañia de Minas Buenaventura refinance a US$275 million loan.

30 April 2020

CAP buys infrastructure and engineering assets in Chile and Peru

Guerrero Olivos in Santiago and Rodrigo, Elías & Medrano Abogados in Lima have helped Cintac, a subsidiary of Chilean mining company CAP, buy stakes in two separate divisions of Chilean construction group Promet.

06 April 2020

Canadian gold miner buys assets in Argentina

Rattagan Macchiavello Arocena in Buenos Aires and Dentons Canada in Toronto have helped Canadian mining company Cerrado Gold acquire the entire stake in a gold and silver mine in southern Argentina for US$47 million.

01 April 2020

Peruvian miner gets loan and buys back notes

The Peruvian subsidiary of Luxembourg miner Nexa Resources has hired Cleary Gottlieb Steen & Hamilton LLP in New York and Rebaza, Alcázar & De Las Casas in Lima to get a US$100 million loan and launch a tender offer to repurchase notes.

31 March 2020

Japan’s Mitsubishi buys mining assets in Chile

Baker McKenzie (Chile) has helped US mining investor Orion Resources and British investor Audley Capital Advisors sell a 30% stake in a copper mine in Chile’s Atacama region.

24 March 2020

Vale’s US$2 billion award enforced in US

Brazil’s Vale has obtained a US court order recognising its US$2 billion London Court of International Arbitration (LCIA) award against BSG Resources (BSGR), the insolvent Guernsey mining company founded by Beny Steinmetz – after it won a freezing order against the Israeli diamond tycoon and his associates in the English courts.

11 March 2020

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