Lawyer Monthly is a news website and monthly legal publication with content that is entirely defined by the significant legal news from around the world. Lawson Lundell has strong connections with the Canadian North, having extensive experience in advising on the development or operation of many mines and mining projects in the Northwest Territories, Nunavut and Yukon and understanding the unique challenges faced by mining companies investing in Canadas North. This investment was Vales first growth equity investment in the US. Western Copper Corporation in connection with the Carmacks and Casino copper mines in the Yukon. | September 8 - 11, 2021, Webinar We assist our clients with all aspects of their exploration activities around the world including, mineral and land tenure review and acquisition, surface rights and access issues, permitting, bonding and negotiating exploration agreements such as option or earn-in agreements, strategic alliances, royalties and joint ventures. mining exploration hard", Angela Austman quoted in The Vancouver Sun article, "Lawyers, accountants feel pinch from downturn in mining exploration", "Commentary: Tapped resources - Water use and its impact on mining in Canada", Q&A: Managing and resolving mining & commodities disputes, Lexpert Special Edition on Leading Canadian Lawyers in Global Mining publishes Lawson Lundell's article on "Moving Towards Sustainable Development: How Canadian Mining Companies Are Leading By Example", JoAnn Jamieson quoted in Lexpert Special Edition - Mining article, "First Nations Developments", "Canadian miners rebuilding community trust in Latin America", Court suspends implementation of Mackenzie Valley Superboard, Lawson Lundell named Firm of the Year in Energy/Resource Litigation by Benchmark Canada, Lawson Lundell Continues to Attract Top Corporate Finance and Securities Talent, Federal Government Approves Meliadine Gold Mine, "The Peel watershed decision's broader implications,", Canadian mining companies face lawsuits over foreign activities, Court strikes down Yukons Peel watershed land use plan, Canada Chapter: The International Comparative Legal Guide to Mining Law 2015, Developing the North: Poised to expand, but challenges are complex, Mining report: Mining companies need to do a better job of preparing for AGMs, "Digging For Relief: Restructuring Laws Helping Fill Financial Holes in Canada's Mining Sector", Canada Joins the Global Push towards Mandating Disclosure of Payments to Governments, Karen MacMillan interviewed by Global Business Reports for Mexico Mining Issue, Karen MacMillan quoted in The Financial Post article, "Canadian mining industry embraces transparency initiative", Chris Baldwin quoted in The Globe and Mail article, "Lawyers scramble after Hudbay decision", Mining report: PDAC's appeal to B.C.-based mining firms, Business in Vancouver publishes Khaled Abdel-Barr's article, "Mining report: PDAC's appeal to B.C.-based mining firms", Mining Report: Alliances set stage for the future, Business in Vancouver publishes Karen MacMillan's article, "Mining report: Alliances set stage for the future", Leonard Glass quoted in National Post, "Canada's quirky tax innovation", Canadian Mining Magazine publishes Khaled Abdel-Barr's article, "The Reemergence of Strategic Alliances in Mineral Exploration", "The Reemergence of Strategic Alliances in Mineral Exploration", Craig Ferris speaks at Mosquito Consolidated Gold Mines Ltd. panel discussion, Khaled Abdel-Barr quoted in The Financial Post, "Mining lawyers bullish on next year", Christine Kowbel and Toby Kruger quoted by Canadian Lawyer InHouse Magazine, "B.C. | December 16, 2021, Media Mentions We regularly advise clients on all matters relating to local mining legislation, including but not limited to compliance, mining title and other legal opinions, applications and acquisitions of rights, review applications, appeals and due diligences. Chambers and The Legal 500 2020, Latin America Mining Deal of the Year: Project Serrote We have extensive experience in domestic and international taxation, mergers & acquisitions, resource taxation, corporate finance, corporate reorganizations, structured finance, and cross border transactions involving Canada, the United States, Latin and South America, Asia and Europe, including extensive experience on transfer pricing. | September 12 - 14, 2023, Speaking Engagements As most of the top metals and mining companies are experiencing disruptions due to the Covid-19 crisis, Mining Technology lists the top ten metals and mining companies in 2020 based on 2019 revenues, along with the outlook for 2020. We also have extensive experience in the resolution of disputes, particularly in the context of consultation requirements, and representing mining companies in the defense of challenges brought by Indigenous groups before regulatory tribunals and courts at all levels, including the Supreme Court of Canada. A further review in 2021 resulted in an extension of the safeguard for an additional three years, the first time the EU has ever done this. Most large mining companies now disclose information covering dimensions of CSR such as social and environmental performance, health and safety issues and ethics. Mining is a global industry, but five of the largest companies are headquartered in China, the world's second-largest economy. Members of our group are also active board members and general members of industry groups like the National Mining Association, the Arizona Mining Association, the Utah Mining Association, the Society of Mining Engineers, the Rocky Mountain Mineral Law Foundation and the Rocky Mountain Coal Mining Institute. Husch Blackwell is unsurpassed in the industry when it comes to dealing with regulators. The purpose of this paper is to explore recent trends in the reporting of such social and environmental impacts and issues. The choice of a lawyer is an important decision and should not be based solely upon advertisements. Mining Industry - Introduction to Mining Financial Concepts Our environmental lawyers work closely with our clients project development teams (including, where appropriate, external environmental consultants and project engineers) to provide practical advice with respect to all aspects of project development, including: In addition to advising on projects listed above, we have assisted: We provide advice and assistance to clients on all aspects of construction and procurement matters from initial exploration activities to mine construction and ongoing mining operations. In March 2022, the SEC proposed mandated corporate reporting on climate change by public companies. Their projects are located throughout the globe, with many in Latin America andAfrica, "Understanding Royalty Structures, Royalty Financing and Streaming Arrangements", Energy & Natural Resources: Mining: Development and Operations (Canada), Administrative, Constitutional and Public Law, Administration, Pension Governance & Investment, Mergers & Acquisitions: Pension & Benefits Issues, Social Impact and Business Sustainability Group, Construction, Infrastructure & Engineering, Ontario Court of Appeal Clarifies the Framework for Determining Material Changes, Commercial Litigation and Dispute Resolution Blog, BC Court of Appeal Confirms Municipalities Can Implement Rental-Only Zoning Under the, Environmental, Indigenous and Natural Resources Blog, Pausing the Crypto-Mining Energy Drain: B.C. Contact a mining industry lead in your area to discuss your unique business concerns. View and share this video on its own page, "The attorneys are very customer focused and have excellent business savvy" We excel where there is no precedent. Glencore leads the top 10, while Jiangxi and BHP take second and third place. and mining is an excellent example of an industry in which . Supreme Court issues writ of kalikasan vs DENR, MGB, mining firm in It is necessary to seek appropriate advice from knowledgeable and experienced technical, compliance, ESG, and legal experts to avoid missteps that can be very costly and difficult to rectify if overlooked. Prior results do not guarantee a similar outcome. Defended Surface Mining Control and Reclamation Act (SMCRA) and National Pollutant Discharge Elimination System (NPDES) permits against environmental group challenges in cases involving a new underground coal mine, new coal-fired powered plant, coal combustion waste disposal facilities and operating coal mines. Independent review of controls and processes. Law360, International Arbitration Whether advising on environmental compliance and permitting, OSHA and MSHA issues, contract negotiations, strategic transactions or mine development on public lands, our mining law and mineral rights attorneys are a valued resource to clients in the surface and underground mining industry. | Occupational Health & Safety Reporter, Lee Morrison, Corporate Director of Security, Klondex Mines, 2023 Husch Blackwell LLP. Data is courtesy of YCharts.com, unless otherwise noted. Our experience includes: We have been involved in financings and mergers and acquisitions transactions of all kinds and sizes involving billions of dollars in aggregate for our mining clients. In essence, we speak the right language. How Mining Companies with Strong CSR Programs Benefit All Stakeholders A groundswell of mining & metals experts with an industry-focused approach. Protecting a companys investment is just as important as determining how profitable it could be if materials were viably extracted. advised Barrick Gold with respect to an agreement to sell its 100% interest in the Lagunas Norte mine in Peru to Boroo Pte Ltd. advising B2Gold Corp. on its C$1.1 billion deal to acquire Australias CGA Mining Ltd., owner of the Masbate gold mine in the Philippines; acquisition of Fronteer Gold Inc. including its Long-Canyon, Northumberland, and Sandman projects in Nevada by Newmont Mining Corporation for C$2.3 billion; sale of the Hope Bay gold mine by Hope Bay Mining Ltd., a subsidiary of Newmont Mining Corp. in Nunavut; acquisition of mining properties in Spain and Portugal by Vintage Mining Corp.; acquisition of two Mexican gold projects by Agnico-Eagle Mines Limited; sale of a molybdenum mine site in British Columbia by Alcoa to Avanti Mining; advising Anvil Mining Limited on its C$1.3 billion friendly acquisition by Minmetals Resources Limited; take-over of Ashton Mining of Canada and its interest in the Foxtrot property in northern Quebec by Stornoway Diamonds; merger of Atna Resources and Canyon Resources; sale of mineral royalties by Barrick Gold Corporation to Royal Gold Inc.; advising B2Gold Corp. on its formation in connection with the $3 billion acquisition of Bema Gold Corporation by Kinross Gold Corporation; acquisition by B2Gold Corp. of mineral interests in Colombia from AngloGold Ashanti; acquisition by B2Gold Corp. of Central Sun Mining, owner of the Libertad and Limon mines in Nicaragua; acquisition by B2Gold Corp. of the Trebol and El Pavon gold exploration properties in Nicaragua from Radius Gold Inc.; acquisition of Auryx Gold Corp., owner of the Otjikoto gold project in Namibia by B2Gold Corp.; defence of two competing unsolicited take-over bids for bcMetals Corporation; acquisition by Cliffs Natural Resources Inc. of an interest in the Decar project from First Point Minerals Ltd.; defence of an unsolicited take-over bid under French Law made by IAMGOLD Corporation for Euro Ressources S.A.; merger of Kensington Resources Inc. and Shore Gold Inc.; acquisition of Lero Gold Corporation by European Minerals Corporation; advising MAG Silver Corp. in respect of its Juanicipio silver project in Mexico; advising Tigers Realm Minerals PTY Ltd. in connection with the option to acquire an interest in a uranium property in Saskatchewan; advising Tigers Realm Minerals PTY Ltd. in a multiparty transaction relating to gold properties in Jamaica; advising Minera Andes Inc. on its friendly C$1.49 billion merger with US Gold Corporation; acquisition of Miramar Mining Corporation by Newmont Mining Corporation; advising Talisman Energy Inc. with respect to the disposition to Xstrata Coal of the Sukunka hard coking coal deposit for US$500 million; sale of Moto Goldmines Limited for $655 million following contested take-over bids by Randgold Resources Limited and Red Back Mining Inc.; sale of an interest in a gold mine in Chile by New Gold Ltd.; sale by Rio Tinto plc of its Saskatchewan potash assets to Companhia Vale do Rio Doce, for a cash consideration of US$850 million; sale of the Corani silver mine in Peru by Rio Tinto to Bear Creek Mining Corp.; sale of royalty portfolios by Rio Tinto to Royal Gold and International Royalty Corp.; acting for Silver Standard Resources Inc., in spin-off of Pretium Resources Inc. and subsequent secondary offering of shares of Pretium; advising Silver Standard Resources Inc. on the sale of the Snowfield and Brucejack advanced stage gold exploration properties in northern British Columbia to Pretium Resources Inc.; acquisition of Esperanza Resources Corp.s interest in the San Luis project in Peru by Silver Standard Resources Inc.; purchase by NexGen Energy Ltd. of Mega Uranium Ltd.s uranium projects located in the Athabasca Basin, Saskatchewan and the Thelon Basin, Nunavut; purchase by Troy Resources Limited of the Casposo Gold-Silver Project in Argentina from Intrepid Mines Limited; and. Reminds. ", Jiangxi Copper Corporation Limited. It engages in the extraction and processing of precious and scattered metal, as well as sulphuric chemistry. Top ten metals and mining companies in 2020 - Mining Technology | December 02, 2020, Articles While the rules do not yet apply to non-financial institutions, OSFI will expect the financial institutions to collect and evaluate information on climate risks and emissions from their clients (including mining and oil gas clients). Corporate social responsibility in the mining industry: Exploring Our clients range from junior companies carrying on early stage exploration to international companies with investments and projects spread across the globe. This list is limited to companies that are publicly traded in the U.S. or Canada, either directly or throughAmerican depositary receipts (ADRs). However, we note that one of these companies trades at such low volumes that it should be avoided even though it has publicly listed ADRs: Jiangxi Copper (600362). Even as U.S. demand for coal decreases and electricity generation shifts to other sources, demand remains robust for coal in export markets and for metals domestically and globally. | November 08, 2021, Blog Attorney Advertising. advising Chihong Canada Mining Ltd., an indirect wholly owned subsidiary of Chihong Zinc & Germanium Co. Ltd., a Chinese company, in a $100 million joint venture transaction involving a zinc mine in the Yukon with Selwyn Resources Ltd. 2023 Lawson Lundell. Get to understand what disclosure is mandatory and what is voluntary. Under Canadian securities regulations, public companies must disclose information material to investor decision-making. The Lawyer Awards 2018, Awarded Mining Deal of the Year, Africa We prioritize these objectives and work closely with our clients project development teams to provide practical advice with respect to all aspects of project development, including development and execution of strategic project approval and permitting plans, assistance with risk assessment and mitigation strategies, navigation of territorial, provincial and federal environmental assessment processes, and identification of all regulatory and licensing requirements. Auditors will be working closer with lawyers in the future in ensuring compliance with these laws as the industry graduates to enhanced transparency. Maintaining favourable working relations with the government and engaging effectively with the local communities where mining activities will be conducted will go a long way to ensure a lasting tenure. | September 19 - 23, 2021, Speaking Engagements Recognized and Invested: Several of our attorneys have been recognized by the Best Lawyers in America in the areas of mining law and environmental law. | March 18, 2022, Blog Essentially, the business of mining often transcends various borders and a natural resource company venturing across borders should become familiar with what conduct might offend the prevailing anti-bribery and corruption laws of both the investing jurisdiction and the jurisdiction into which the investment is made. The company produces iron ore, manganese, metallurgical coal, copper, nickel, platinum, and diamonds. "Business.". We see a legal trend developing towards closing the vulnerability gap between IT and OT cybersecurity concerns. | February 12, 2019, Media Mentions We took over the defense of the CAAS investigations after CBA terminated their previous law firm for receiving an adverse preliminary determination. Prosecuted federal civil rights lawsuit against state governor, lieutenant governor and head of environmental agency based on a theory of violations of constitutional equal protection and commerce clause rights in the denial of a rural electric generating cooperatives application to construct a new coal-fired power plant. He has consistently been recognised as a leading international lawyer in the independent Whos Who of Lawyers and has had a selection of papers published in prestigious journals. How mining & metals companies can make ESG work in a downturn Their preventive training, strategic thinking and responsiveness have helped us enhance safety and reduce liability. S&P Global. Our services in these transactions often include due diligence reporting and advice on Indigenous title, environmental and mineral tenure matters. There is certainly more scrutiny taking place by authorities and regulators regarding any payments and benefits of any kind involving foreign officials or departments. Through an initial public offering (IPO), listing either in its home jurisdiction or cross-border, a mining company can access major global finance hubs and capital from a deep pool of investors around the world. | July 09, 2020, Blog For investors, lenders, governments and communities too, ESG considerations are now central to the sector's standing and success. This chapter aims to address some key agreements in the mining industry, focusing on how they can affect mining ventures at an international level, as well as what the current related trends . 2023 Snell & Wilmer L.L.P. The common shares started trading on the NYSE on May 24, 2021 under the ticker symbol NMG. ongoing assessment of risk of legal project challenges (including appeals, judicial review applications and injunctions) by non-governmental organizations and other groups, and providing advice which mitigates this risk. Still, other companies in the industry even produce agricultural commodities. 1. Representation of J.P. Morgan, Evercore, Canaccord Genuity and the other underwriters on the offering of 1.75 million American depositary shares of Piedmont Lithium Limited, representing a total of 175 million ordinary shares. Our mining industry services representative matters include: Click the box above to add this service to your S&W Folio download queue. | November 24, 2021, Media Mentions The aggregate gross proceeds of the public offering, before underwriting discounts and commissions, totalled US$57.5 million. Many industry organizations, companies, and law firms that commented on the proposals were supportive of the idea of modernization, but felt that the . | May 10, 2023, Articles The case involves mining operations at Progreso VII and litigations commences by an NGO regarding an alleged failure to consult with indigenous communities. Our clients include multinational mining corporations, TSX-listed junior mining companies, and domestic exploration and development companies. Supreme Court Rules Business Owner Can Deny Services to Same-Sex Couples. 2020 marked a turning point for the sector with the ESG and energy transition/decarbonisation agendas converging to become the biggest driver of investment decisions. Although some disclosure requirements are only best practices and voluntary in many respects, we are seeing a drive to transform these best practices into mandatory disclosure requirements in many jurisdictions. There is a growing body of laws, policies and treatises being developed to assist companies to align capital to ESG compliance and disclosure, implementing ESG into the organisation, reshaping traditional value chains and shifting towards more effective community and indigenous relations. Visit our Safety Law Matters blog to stay current with legal context on OSHA & Workplace Safety and MSHA & Mine Safety law. Known previously as China Molybdenum Company, CMOC Group operates in mainland China. This is the biggest mining asset bought out of business rescue in the last 12 months. Bivonas Law: Russian Litigation in London, YFM Equity Partners Invests in Eikon Group, Trump Bans Transactions With Alipay and Eight Other Chinese Apps. Certain countries, particularly in Africa, have embraced technological advancements to offer better transparency to investors on permitting status processes for applicants. The rapid technological changes occurring currently in the EV space and the battery sector have led to a rush to secure future supply of battery metals for exploitation. 'Project Finance Group of the Year' 2020 What to Know About OceanGate, the Company that Owns the Missing If possible, choose affordable solar and wind power to reduce your energy costs. In short, we are experienced in every kind of mining transaction in a multitude of jurisdictions. There is a global trend to harmonise best practices in areas that affect common interest issues around the world. National Tier 1 in Mining Law. | June 24, 2022, Blog Representation of Harmony Gold Mining Company in relation to its acquisition of AngloGold Ashantis remaining South African assets. Hindalco Industries is based in Mumbai, India, and is part of the Aditya Birla Group. Some companies explore and produce energy commodities like coal and petroleum. | March 11, 2021, Blog The geographic distribution of mining-related cases is concentrated in Latin America, where Central and South American governments face 29 percent of known claims. Law360 2020, M&A You can learn more about the standards we follow in producing accurate, unbiased content in our. ore sales agreements for Prime Resources/Homestake Canada for gold and silver ore from the Eskay Creek Mine; and. Representation of CMOC in its US$550 million cash acquisition of a 95 percent interest in the Kisanfu copper-cobalt mine in the Democratic Republic of Congo from Freeport-McMoRan Inc. | July 27, 2021, Articles We differentiate ourselves through our experience that spans the full range of legal services required by mining companies in Canada and around the world. We also predict a continued challenging mining financing environment for base and precious metals exploration. Proceeds of the offering will be used for the Luna Roja Project in Nicaragua and other company expansion projects. 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Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. Governance and human rights in mining | Deloitte Insights The mining industry operates in a marketplace that stretches beyond national boundaries. Our clients projects are complex and call for a team with a broad range of skills to provide legal support as projects develop. And one that seeks to respect the rights of local communities, leading to more sustainable outcomes for communities and companies alike. The following is a list of the 10 biggest mining companies by 12-month trailing(TTM)revenue. Governance in mining: Management, ethics - ScienceDirect What is Schengen Immigration by Investment? Having worked on projects in some of the most difficult jurisdictions across the globe, we also see the potential for the rise of resource nationalism when dealing with countries that host commodities that are classified as critical metals. Vale is a Brazil-based multinational mining company. National Tier 1 in Mining Law. This means taking advantage of the opportunities and managing risks at all points in the volatile mining & metals life cycle. In fact, several large minerssuch as Rio Tinto have explicitly committed to collaborating with junior and mid-tier companies on exploration projects around the world. National Tier 1 in Mining Law. "Excellent legal knowledge and drafting. Handled all strict liability blasting litigation with neighbors of surface mines in two Midwestern states for major national coal company, defending nine cases to judgment and securing dismissals in nine others. "Investor. Mining in Canada | Law firm and lawyer rankings from The Legal 500 Some companies outside the U.S. report profits semi-annually instead of quarterly, so the data may be older than it is for companies that report quarterly. 5. Investopedia does not include all offers available in the marketplace. To begin with, there are minimum standards for disclosure of technical information incorporating the Canadian Institute of Mining, Metallurgy, and Petroleum (CIM) standards. This article highlights some of the key legal issues commonly associated with the exploration and extraction of mineral resources in Mongolia. " The team is innovative, plugged into the market and very knowledgeable." The consequences of not complying with these laws can lead to hefty fines and even imprisonment for offenders. Some of the stocks below are only tradedover-the-counter (OTC)in the U.S., not on exchanges. Being resilient in the mining & metals industry does not mean standing still. Get to understand what disclosure is mandatory and what is voluntary. Our clients range from junior companies carrying on early stage exploration to international companies with investments and projects spread across the globe. The SEC first proposed an overhaul of the disclosure requirements for mining companies, and solicited comments on its proposed rules, in 2016. . The world's biggest metals and mining companies: Top ten by revenue. | May 19, 2021, Blog Social Media Mining: The Effects of Big Data In the - Yale Law School We anticipate that governments will offer more grants to alternative energy project developers in an effort to achieve net-zero economies. Please email us at, Investopedia requires writers to use primary sources to support their work. 10 Biggest Mining Companies - Investopedia