Mining and Metals

Milbank has been at the forefront of international mining finance for more than 25 years, gaining an international reputation in helping clients bring project finance techniques to transactions involving copper, gold, steel, coal, iron, nickel, uranium and other natural resources. Milbank has developed particular expertise in dealing with multi-tranche funding structures (including banks, project bonds and governmental lenders) and political risk insurers.

Our lawyers recently advised the lenders in relation to the Moma mineral sands project in Mozambique, involving covered loans and political risk insurance from export credit agencies and multilateral agencies in Europe and Africa, and are advising on mineral resources projects in Nigeria, Zambia and Chile. Our previous representations included the lenders to the Bulyanhulu gold mine in Tanzania and the Lisheen zinc mine financing in Ireland - all three among the largest mining finance transactions undertaken in London in recent years. We have also advised lenders to the Mantos Blancos copper mine in Chile, the Loma de Niquel mine in Venezuela, the Kasese cobalt mine in Uganda and the Lihir gold mine in Papua New Guinea.

Partners and Counsel

Dewar, John
Fletcher, Phillip
Holmes, Patrick
Magold, Rainer
Marsh, Cathy