Osler is representing EMR Capital in connection with its announced acquisition of the Cerro Colorado copper mine in Chile from BHP Billiton Limited for an aggregate cost of up to US$320 million, US$50 million of which is contingent on the future price of copper. The sale is subject to financing and customary closing conditions and is expected to close during Q4 2018.
EMR Capital is a private equity firm specializing in investments in in listed and unlisted resource companies with iron ore, coal, potash, coking coal, copper or gold projects and mining at various stages of development.
BHP Billiton Limited is an international resources company focusing on mineral exploration and production, including coal, iron ore, gold, titanium, ferroalloys, nickel and copper concentrate, as well as petroleum exploration, production, and refining.
The Osler team is led by Alan Hutchison (M&A, Mining) and includes Paula Olexiuk (Energy), Shuli Rodal (Competition and Foreign Investment), Nathaniel Lipkus (IP) and Patrick Sullivan (M&A, Mining).
Key Contact
Partner, Corporate, Vancouver
Team
Partner, Energy and Construction, Calgary
Partner, Competition/Antitrust and Foreign Investment
Chair, Diversity Committee, Toronto
Partner, Intellectual Property, Toronto
Partner, Corporate, Vancouver