BLP’s international mining & metals practice fields a team of lawyers with experience in all aspects of transactions involving the mining sector. We deliver a fully integrated legal service – from exploration through to mine development and production to end buyer – with a deep understanding of the legal and practical challenges that the industry faces when operating in developing or emerging markets.
Our clients include major publicly traded and other mining companies. BLP has also advised a number of mining private equity funds and sovereign wealth funds. BLP’s team also has considerable experience in advising investment banks and brokers specialising in the sector. Team members are based in London, Singapore, Moscow, Hong Kong and Dubai and have advised on major sector related transactions involving opportunities in Africa, Indonesia, Russia and the former CIS countries, Mongolia, South America and elsewhere in the world.
Together, the members of our team have worked on mining transactions in over 25 jurisdictions, and have extensive experience within the following commodities:
Our fourth annual report focuses on private equity investments into the mining sector in 2017.
Advised a Sovereign Wealth Fund on its $100m subscription which cornerstoned a wider $275m and up to $368m equity fundraising and $392m debt restructuring of Premium Main Market listed Kenmare Resources.
Advised on the Arrangement Agreement in relation to Endeavour Mining’s acquisition of Avnel, by way of a Canadian securities laws-compliant Guernsey scheme of arrangement, in an all-share transaction.
Advised Peel Hunt and Tamesis Partners on a US$30m fundraising for AIM and ASX listed Berkeley Energia.
Advised JPMC and Peel Hunt on USD $186m underwritten fundraise for Central Asia Metals and its re-admission following USD $402.5m acquisition of the SASA mine.
Advised Shanta Gold on raising US$14.0m by way of placing and direct subscription. The Fundraising was undertaken in conjunction with the debt restructuring and the conditional acquisition of the issued and outstanding common shares of TSX listed Helio resources, which owns an adjacent project in Tanzania, by way of a statutory plan of arrangement. BLP also acted on a similar $10m fundraising for Shanta in 2016.
Advised Prairie Mining on its standard listing on the Main Market of the London Stock Exchange. Prairie Mining is developing the Lublin Coal project in Poland and had agreed an up to A$83m capital injection from mining private equity fund, CD Capital.
The Prospectus, which was prepared in support of the London listing, was also passported into Poland in support of a listing on the Warsaw Stock Exchange (WSE), which made Prairie the only Australian Securities Exchange, LSE and WSE listed company.
Advised Peel Hunt as Nomad in connection with the proposed cash and shares takeover offer by Coal of Africa Limited (‘CoAL’), an Australian incorporated company listed on AIM, the JSE and ASX, for Universal Coal plc. The offer would have triggered a reverse takeover of CoAL and required the publication of an AIM Admission Document. The offer placed an implied value of approximately US$90 million on the target. Peel Hunt is the fifth investment bank BLP have advised on CoAL matters.