Nov. 08, 2019 - The Court of Québec (Court) recently rendered its decision1 in respect of Bloom Lake General Partner Limited’s (Mining Operator’s) appeal from the ruling of the Tribunal administratif du Québec (TAQ, Québec’s Administrative Tribunal). The Court pointed out that its decision now provides a “decision...
Barrick Gold Completes Strategic Divestiture and Partnership with Shandong Gold
Davies acted for Barrick Gold Corporation in its transaction with Shandong Gold that included the following:
- sale of a 50% interest in the Veladero gold mine for US$960 million;
- the negotiation of a 50/50 joint venture arrangement in respect of the Veladero gold mine;
- the negotiation of a strategic cooperation agreement to explore the joint development of the Pascua-Lama deposit located along the Chilean-Argentinean border; and
- the evaluation of additional investment opportunities on the highly prospective El Indio Gold Belt on the border between Argentina and Chile.
The Davies team on this transaction included Melanie Shishler, Joshua Kuretzky and Steve Cutler (Mining and M&A), Geoffrey Turner (Tax), Sarah Powell (Environmental), Scott Hyman (Finance) and John Bodrug and Jim Dinning (Competition).
Nov. 07, 2019 - A version of this article was originally published on Bloomberg Tax. It is reproduced with permission from © 2019 The Bureau of National Affairs, Inc. (800-372-1033) www. bna.com. Given the disruption in world order evidenced by recent elections, civil wars, mass protests and Brexit, perhaps it is...