Energy & Natural Resources: Mining
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.
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.
John Dewar is a key contact.
- Milbank represented KfW IPEX-Bank GmbH as lender in the USD75.1 million term loan facility for the financing and operation of the Sangdong Tungsten Mine Project in the Republic of Korea.