Energy & Natural Resources: Mining: International
UK Guide 2025 : UK-wide
Band 3
Contact number
(020) 7615 3000About
Provided by Milbank LLP
For more than 25 years, Milbank has been at the forefront of limited-recourse financing of major international mining and metals projects (including cobalt, copper, gold, aluminium, zinc, iron ore, nickel, steel, uranium and titanium). Our lawyers have been involved as counsel to either the lenders or the sponsors in the development and financing of many of the world’s premier mining projects in countries as diverse as Argentina, Brazil, Chile, Peru and Venezuela in South America; Canada, Mexico and the US in North America; Ireland, Poland and Spain in Europe; Ghana, Madagascar, Mozambique, Tanzania and South Africa in Africa; and Indonesia, Mongolia, Papua New Guinea and Thailand in Asia.
Our experience has given us familiarity with the technical, commercial and financial aspects of large-scale mining projects, as well as the legal issues which tend to arise in connection with the governance, development and financing of these projects (including the negotiation with governmental entities of concession and foreign investment contracts).
Our extensive involvement in the successful development and financing (and, where required, restructuring and refinancing) of major metals and mining projects around the globe, and our global reputation as one of the world’s leading mining finance legal advisors, reflect our problem-solving and result-achievement approach and our continuous dedication to providing the highest calibre of legal services to our clients in this demanding arena.
Chambers Review
Milbank has a strong mining team capable of advising lenders on a number of significant cross-jurisdictional projects. The group has a notable capacity to handle debt restructuring as well as project finance. Its lawyers represent clients with assets in a wide range of jurisdictions, including those in Africa and Asia.
Work Highlights
- Milbank represented KfW IPEX-Bank as lender in the USD75 million term loan facility, the USD20 million cost overrun facility and the USD9.8 million debt service facility for the financing and operation of the Sangdong Tungsten Mine Project in South Korea.
Strengths
Provided by Chambers
"The Milbank team is proactive, flexible and quick to respond."
"Milbank team is excellent. They anticipate issues, help to structure solutions and provide comprehensive legal support."
"Milbank has an excellent capacity to resolve unprecedented issues and create legal solutions."
"Milbank has exceptional market knowledge and is highly attuned to the commercial needs of our business."
"The Milbank team is proactive, flexible and quick to respond."
"Milbank team is excellent. They anticipate issues, help to structure solutions and provide comprehensive legal support."
"Milbank has an excellent capacity to resolve unprecedented issues and create legal solutions."
"Milbank has exceptional market knowledge and is highly attuned to the commercial needs of our business."
Notable Practitioners
John Dewar has a wealth of experience advising on the financing and development of significant projects in the mining sector.
"John Dewar is hugely knowledgeable and commercially very highly attuned."
"John Dewar has excellent experience."