Mining is a mainstay at Cassels Brock & Blackwell LLP and the firm fields one of the deepest and broadest practices in Canada. From platforms in Toronto, Vancouver and Calgary, the national team acts for an array of major gold producers, investment banks and junior mining companies, which it supports on a range of corporate, finance and project development matters. Jointly led by Vancouver-based securities specialists Jen Hansen and Jennifer Traub, the group also benefits from the senior expertise of firm executive chair Mark Bennett, who is widely revered as an industry leader. Bennett recently advised Lundin Mining on its C$625m acquisition of Josemaria Resources. Jay Goldman, Paul Stein and Vancouver-based Gordon Chambers are also highly regarded senior mining specialists. Younger partner Jamie Litchen is additionally noted for her representation of Kirkland Lake on its $10.6bn merger with Agnico Eagle Mining. Named practitioners are based in Toronto unless otherwise stated.
Mining in Canada
Cassels Brock & Blackwell LLP
Practice head(s):
Other key lawyers:
Mark Bennett; Jay Goldman; Paul Stein; Gordon Chambers; Jamie Litchen; David Redford
Key clients
Wheaton Precious Metals Corp.
Lithium Americas Corp.
Kirkland Lake Gold Ltd.
Dundee Precious Metals Inc.
Artemis Gold Inc.
Lundin Mining Corporation
Orla Mining Ltd.
Yamana Gold Inc.
Filo Mining Corp.
SilverCrest Metals Inc.
Work highlights
- Acted for Kirkland Lake Gold on its $10.6bn merger with Agnico Eagle Mines to create a senior gold producer with an implied market capitalization of $22.4bn.
- Advised Lundin Mining on its C$625m acquisition of Josemaria Resources.
- Acted for Yamana Gold on its $500m issuance of senior unsecured notes.
Fasken
‘One of the top mining teams‘, Fasken remains a destination practice for the full life-cycle of industry matters; from exploration and permitting, through to project development, financing and M&A. The group draws on several well-staffed platforms nationally (including Toronto, Vancouver, Montreal and Calgary), while it also brings to bear on-the-ground teams in Johannesburg and London, which makes it a popular choice for cross-border transactions. Toronto-based corporate finance and M&A partner John Turner spearheads the global group and ranks among the market’s leading mining specialists. Andrew Gabrielson coordinates the group from Vancouver and maintains a broad practice with an emphasis on commercial agreements, project development and public financings. Other senior names in Toronto include corporate and finance partner Brian Graves and Michael Bourassa, who handles commercial work, projects and contentious matters. In Montreal, Frank Mariage has a focus on securities, corporate law and mining law. Capable up-and-coming partners Johanna Fipke (Vancouver) and Krisztián Tóth (Toronto) are also noted.
Practice head(s):
Other key lawyers:
Johanna Fipke; Brian Graves; Georald Ingborg; Nancy Eastman; Krisztián Tóth; Samuel Li; Michael Bourassa; Frank Mariage
Testimonials
‘One of the top mining teams, which helps immensely due to its sector knowledge.’
‘Highly experienced in the mining sector with a strong and diverse team that is able to support large, complex transactions. A more practical approach to advising on legal matters than we find with some other firms.’
‘Johanna Fipke dedicated time during a hectic period to think through complex issues and I was able to leave the non-commercial negotiations with her.’
‘Georald Ingborg is a very creative thinker who maintains strong relationships with securities regulators which gives him a unique ability to create and test new ideas.’
‘Samuel Li has strong attention to detail.’
Key clients
Vatukoula Gold Mines Pte. Ltd.
De Beers Canada Inc.
Steppe Gold Ltd.
First Quantum Minerals Ltd.
IAMGOLD Corporation
Hudbay Minerals Inc.
Leagold Mining Corporation
Orion Mine Finance
Sibanye Gold Ltd.
Teck Resources Limited
Work highlights
- Advised Hudbay Minerals on refinancing its $450m senior revolving credit facilities.
- Represented Eldorado Gold Corporation on its $500m offering of senior notes.
- Acted for Anglo Pacific Group on the acquisition of a 70% net interest in a stream on cobalt production from the Voisey’s Bay mine in Canada from private equity sellers.
Bennett Jones LLP
Bennett Jones LLP‘s mining practice routinely represents Canadian and international mining companies, investment banks and investors on mining work. Primarily active on the corporate finance and M&A fronts, the team also houses significant capability in exploration and development agreements, mine permitting and environmental compliance. Group head Sander Grieve covers the waterfront on mining matters, with an emphasis on public market finance and M&A. Other recommended names are Abbas Ali Khan, who also has a strong transactional focus, corporate co-head Linda Misetich Dann and corporate, commercial and securities lawyer James Clare. The team was recently boosted by the arrivals of mining-focused corporate finance and M&A partner Marshall Eidinger (January 2022) and cross-border mining specialist Steven Bennett (June 2022), both joined from Stikeman Elliott LLP. All named practitioners are based in Toronto.
Practice head(s):
Other key lawyers:
Abbas Ali Khan; Linda Misetich Dann; Ali Naushahi; James Clare; Marshall Eidinger; Steven Bennett
Work highlights
- Advised Noront Resources on its C$617m acquisition by Wyloo Metals.
- Represented SPAC, Osisko Green Acquisition on its C$250m IPO.
- Advised i-80 Gold on its transaction with Nevada Gold Mines to acquire the Lone Tree and Buffalo Mountain gold deposits and certain processing infrastructure, including an autoclave.
Blake, Cassels & Graydon LLP
Full-service powerhouse Blake, Cassels & Graydon LLP is equipped to advise its extensive client roster of junior, intermediate and major mining companies and financial institutions on all core areas of mining law. The firm additionally brings to bear experience in niche areas such as streaming transactions, and mining disclosure and securities law regimes. Toronto-based corporate finance and M&A partner John Wilkin oversees a department that also includes high-profile Vancouver-based mining specialist, Bob Wooder. Wooder recently advised Great Bear Resources on its C$1.8bn acquisition by Kinross Gold. Vancouver managing partner Peter O’Callaghan is recommended for his experience in mining-related corporate and finance transactions.
Practice head(s):
Other key lawyers:
Bob Wooder; Peter O’Callaghan; Charles Kazaz; Kathleen Keilty
Key clients
Barrick Gold Inc.
BHP
Capstone Mining Corp.
Ero Copper Corp.
Great Bear Resources Ltd.
JDS Gold Inc.
Josemaria Resources Inc.
MAG Silver Corp.
Pretium Resources Inc.
Triple Flag Precious Metals Corp.
Work highlights
- Advised Pretium Resources on its C$3.5bn acquisition by Newcrest Mining.
- Advised Great Bear Resources on its C$1.8bn acquisition by Kinross Gold Corporation.
- Advised BHP in connection with its strategic investment and subsequent take-over bid for Noront Resources.
Davies Ward Phillips & Vineberg LLP
The Toronto-based mining team at Davies Ward Phillips & Vineberg LLP ‘never forgets the commercial reality and goal'. Enjoying close relationships with junior, mid-tier and major Canadian and global producers, the group also represents investors (particularly private equity players), financial institutions and speciality lenders on headline-grabbing mining matters. Among its highlights, ‘stand-out partner' Melanie Shishler advised marquee client Barrick Gold on its agreement with the governments of Pakistan and Balochistan to reconstitute the Reko Diq Project. Richard Fridman co-heads the practice alongside Shishler and specializes in transactional work, including M&A, streaming deals and joint ventures. Aaron Atkinson and associate Andrew Mihalik are also active in mining transactions.
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Testimonials
‘It starts at the top. Melanie Shishler, as the senior partner within mining and resources, actively runs the team and adds talented senior lawyers to the team when needed. That said, she never “delegates” responsibilities. She is the captain – and an exceptional captain she is.’
‘Calm, professional and commercial. Never forgets the commercial reality and goal.’
‘Melanie is a stand-out partner for mining. I have used legal services for 30 years within this space, and can’t think of any better than her. Big words – but well earned!’
Key clients
Barrick Gold Corporation
Agnico Eagle Mines Limited
The Pallinghurst Group
New Gold
BHP
IAMGOLD
The Blackstone Group
Lundin Mining Corporation
Vale Canada Limited
Hudbay Minerals Inc.
Copper Mountain Mining
Turquoise Hill Resources Ltd.
Royal Bafokeng Platinum
MAG Silver Corp.
Waterton Global Resource Management
Nemaska Lithium
Cornerstone Capital Resources Inc.
Premium Nickel Resources Corporation
Titan Mining Corporation
Baffinland Iron Mines Corporation
Work highlights
- Advising Barrick Gold Corporation on its agreement in principle with the governments of Pakistan and Balochistan to reconstitute the Reko Diq Project in the country’s Balochistan province.
- Advising Agnico Eagle Mines on its merger of equals with Kirkland Lake Gold to create a $22.4bn combined company.
- Advising Roxgold on its C$1.1bn business combination with Fortuna Silver Mines.
Lawson Lundell LLP
Lawson Lundell LLP remains synonymous with mining work, and the firm is well-versed across the full range of early-stage exploration and development issues through to corporate and finance transactions. The group routinely represents major regional and national players from its offices in Western and Northern Canada, also counting UK, US and Australia-based companies among its key clients. Khaled Abdel-Barr co-heads the Vancouver-based team and his expertise spans project-related matters, commercial agreements, and mine acquisitions and disposals. Practice co-head Karen MacMillan is also highly recommended for her focus on commercial law issues. Stuart Breen specializes in corporate finance transactions.
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McCarthy Tétrault
A strong performer in the M&A and cross-border spheres, McCarthy Tétrault leverages its extensive national platform, together with its New York and London offices, to pack a punch in large-scale corporate transactions. In a highlight example of its multi-jurisdictional prowess, Shea Small, who splits his time between Toronto and London, advised Australia-headquartered Wyloo Metals on its C$617m acquisition of all the shares of Noront Resources that it did not already possess. In Vancouver, Roger Taplin is a sought-after name for his experience in mining financing and M&A, including streaming transactions. Rounding out the key partners is Toronto-based M&A and corporate finance specialist Eva Bellissimo; she co-heads the global mining practice alongside Small and Taplin.
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Other key lawyers:
Key clients
Korea Resources
South32
Wyloo Metals
Anglo American
Taseko Mines
Appian Capital Advisory
Altius Renewable Royalties Corp.
Evolution Mining
Great Panther Mining
Endeavour Mining
Glencore
Mubadala Investment Company
Newcrest Mining
Rio Tinto
Royal Gold
SSR Mining
Skeena Resources
Vale
Vox Royalty Corp
Wheaton Precious Metals
Work highlights
- Advised Nomad Royalty on its arrangement agreement with Sandstorm Gold pursuant to which Sandstorm will acquire all of the issued and outstanding shares of Nomad in an all-share transaction valued at approximately C$755m.
- Advised Rio Tinto on its proposed C$2.7bn all-cash insider acquisition of Turquoise Hill Resources, which operates the Oyu Tolgoi copper and gold mine in Mongolia.
- Advised Newcrest Mining on its proposed C$3.5bn acquisition of Pretium Resources.
Stikeman Elliott LLP
Few independent Canadian firms can match Stikeman Elliott LLP‘s formidable cross-border practice, which leans on offices in London, New York and Sydney to provide on-the-ground advice to global mining players. Best known for its transactional capability, the mining group excels in sophisticated M&A, streaming deals and public and private securities offerings. In Toronto, Amanda Linett brings to bear skill sets in M&A, capital markets and private equity and spearheads a team that includes industry specialist, Jay Kellerman. A popular choice for cross-border deals, London- and Toronto-based Kellerman recently advised AngloGold Ashanti on its C$370m acquisition of Corvus Gold. Streaming and royalty finance specialist Daphne MacKenzie is also noted.
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Torys
‘A top firm in structuring complex deals,’ Torys is distinguished by its focus on M&A, corporate finance and streaming transactions. From its Toronto platform, the group acts for a mix of domestic and international mining companies, financial institutions and specialty lenders and also supports the wider firm’s enviable roster of private equity and pension fund clients on industry investment matters. Among its highlights, Michael Amm paired up with the corporate and securities team to advise Zijin Mining Group on its C$960m acquisition of Neo Lithium Corp. Department head Michael Pickersgill is highlighted together with impressive senior associate Braden Jebson for their understanding of ‘the sector, the precedents and the nuances of complex structuring.’
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Testimonials
‘A top firm in structuring complex deals.’
‘Michael Pickersgill and Braden Jebson are always available and understand the sector, the precedents and the nuances of complex structuring.’
‘A really strong firm, with strong lawyers throughout different practice areas. Culture is very client-service focused.’
‘Michael Amm is an excellent lawyer with very good commercial skills.’
‘Michael Pickersgill is a very talented and a trusted advisor to our company. He leads the engagement team.’
Key clients
Zijin Mining Group Co., Ltd.
Triple Flag Precious Metals Corp.
Orion Mine Finance
Nevada Copper Corp.
Arctic Canadian Diamond Company Ltd.
Alamos Gold Inc.
Dowa Mining and Metals Co., Ltd.
BMO Capital Markets
Mitsubishi Materials Corporation
Fairfax Financial Holdings Limited
Nomad Royalty Company Ltd.
Americas Gold and Silver Corporation
Sprott Resource Streaming and Royalty Corp.
Scotiabank
BHP Western Mining Resources International Pty Ltd
Work highlights
- Advised Zijin Mining Group on its C$960m acquisition of Neo Lithium Corp.
- Advised riple Flag Precious Metals Corp on its $250m IPO of common shares.
- Represented Orion Mine Finance on a C$150m multi-faceted financing package to SVRE Holdings.
Borden Ladner Gervais LLP
Borden Ladner Gervais LLP‘s national mining group handles a mix of transactional, regulatory and contentious work, with recent strong showings in M&A and securities matters. Mainly active on behalf of mining companies, including juniors and majors, the team also frequently represents investment dealers and financial institutions as well as industry service providers. Vancouver’s Fred Pletcher chairs the practice and is noted for his experience across all spheres of mining law. Corporate finance partners Graeme Martindale and Andrew Powers also maintain active mining practices from Vancouver and Toronto respectively.
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Key clients
Pan American Silver Corp.
Ressources Quebec Inc.
Almadex Minerals Limited (to be renamed Azucar Minerals Ltd.) and 1154229 B.C. Ltd. (to be renamed Almadex Minerals Ltd.)
Nevsun Resources Ltd. (The Special Committee of)
Morgan Stanley and M. Klein & Co.
Kinross Gold Corp.
Epiroc Drilling Tools AB
National Bank Financial
Sandstorm Gold Ltd.
Kelt Exploration Ltd.
Cormark Securities Inc.
TD Securities Inc.
IDM Mining
Great Bear Resources
BMO Capital Markets
PI Financials
IR Battery Resources and Processing Inc.
Kenorland Minerals Ltd.
FMC Lithium
Bank of Nova Scotia
Kasuk Exploration
Cameco Corporation
Work highlights
- Acted for Cameco Corporation on its joint acquisition, together with Orano Canada, of a C$187m participating interest in the Cigar Lake Joint Venture from Idemitsu Canada Resources.
- Represented Pan American Silver Corporation in a dispute with Southern Peaks Mining LP arising under a share purchase agreement.
- Advised the underwriters (National Bank and BMO Capital Markets) to Artemis Gold on a C$171m bought deal offering.
Dentons
Dentons continues to invest in its Canadian mining practice, recently adding Chris Wolfenberg from Fasken and Jennifer Poirier from Cassels Brock & Blackwell LLP; the pair join in Calgary and Vancouver respectively. The team’s emphasis on M&A, capital markets and finance work is supplemented by significant activity in commercial and operational mining matters. Edmonton-based Leanne Krawchuk handles a mix of commercial, M&A and construction law and co-heads the team alongside Vancouver-based mining and forestry specialist Robin Longe. High-profile mining expert Brian Abraham KC is also recommended in Vancouver.
Practice head(s):
Other key lawyers:
Kevin Rooney; François Brabant ; Brian Abraham KC; David Hunter; Chris Wolfenberg; Jennifer Poirier
Key clients
Cerrado Gold Inc.
Ely Gold Royalties Inc.
BlackRock Metals Inc.
Aya Gold & Silver Inc.
Cormark Securities Inc.
Alamos Gold
EV Nickel Inc.
Work highlights
- Advising Cerrado Gold on a $20m secured note and stream agreement with Sprott Resource Streaming and Royalty Corp to finance its Monte do Carmo gold project in the State of Tocantins, Brazil.
- Acting for Ely Gold Royalties on its C$300m acquisition by Gold Royalty Corp.
- Representing BlackRock Metals (BRM) in connection with its CCAA Proceedings.
Osler, Hoskin & Harcourt LLP
In line with its premier corporate reputation, Osler, Hoskin & Harcourt LLP‘s mining practice has an emphasis on advising mining companies, from junior to major, and other industry participants on M&A, capital markets and investment matters. Corporate partners James Brown and Alan Hutchison co-head the team from Toronto and Vancouver respectively. The team also has recent experience in project development, with Toronto-based commercial specialist Richard Wong noted for projects-related issues.
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Gowling WLG
In a significant coup, Gowling WLG boosted its mining team with the April 2022 hire of Erik Goldsilver from Borden Ladner Gervais LLP; he arrives with significant experience across the full life cycle of mining projects. Capital markets partner Ian Mitchell heads a practice that also includes Ontario- and Venezuela-qualified France Tenaille, who naturally has an emphasis on Latin America-related work. All named partners are based in Toronto.
Practice head(s):
Other key lawyers:
France Tenaille; Brett Kagetsu; Cyndi Laval; Daniel Allen; Erik Goldsilver
Testimonials
‘Good breadth of coverage and depth in our service market (corporate commercial, resources focus).’
‘Erik Goldsilver is our longstanding counsel, with very deep expertise in mining M&A and contracts.’
Key clients
Mineros S.A.
Silver X Mining Corp.
Aurania Resources Ltd.
Alto Verde Copper Inc.
Largo Inc.
Salazar Resources Limited
Rokmaster Resources Corp.
Amerigo Resources Ltd.
Gold Springs Resource Corp.
Platinum Group Metals Ltd.
West Vault Mining Inc.
Bald Eagle Gold Corp.
Aura Minerals
Kivalliq Inuit Association
Canaccord Genuity Corp.
Mawson Gold Ltd.
Capella Minerals Ltd.
Rugby Mining Limited
Work highlights
- Acted for Mineros on its Canadian IPO and concurrent Colombian public offering, and listing on the TSX.
- Advised Sandstorm Gold on the acquisition of nine royalties and one stream from BaseCore Metals for $525m.
- Acted for Aura Minerals with respect to its acquisition of Big River Gold and related joint venture with Dundee Resources.
Norton Rose Fulbright
Norton Rose Fulbright‘s mining practice benefits from its ability to plug into the wider firm’s thriving global energy, infrastructure and resources group. In Canada, the group’s mining work is handled by a mix of M&A, corporate finance and infrastructure lawyers, including project finance partner Alison Babbitt and infrastructure-focused Geoffrey Gilbert, both are in Ottawa. Quebec’s Jean-Philippe Buteau is noted for corporate, M&A and securities-related matters.