Metals & Mining

Corporate Experience

  • Anglogold Ashanti - Regularly advise AngloGold Ashanti on capital markets and M&A matters, including in its initial public offering and numerous follow-on offerings; its $1.9 billion stock-for-stock merger with Ashanti Goldfields to form AngloGold Ashanti; its $1.1 billion sale of its 33.3% joint venture interest in Boddington Gold Mine to Newmont Mining; and its $1.7 billion SEC registered rights offering.
  • ArcelorMittal - Advised ArcelorMittal and predecessor entities on over 15 major corporate transactions involving M&A, financing and antitrust advice, including its $22 billion combination with LNM Holdings; its $4.2 billion acquisition of International Steel Group; its $4.7 billion unsolicited acquisition of Dofasco; its acquisition of a 12.6% interest in General Moly; and its $1.4 billion acquisition of Siderúrgica Lázaro Cárdenas las Truchas from Grupo Villacero.
  • Arch Coal - Acted for the underwriters on multiple securities offerings by Arch Coal, including a $244 million registered public offering of common stock.
  • Aurizon Mines - Regularly advise Aurizon Mines on U.S. securities and acquisition matters, including its successful defense against a hostile takeover by Northgate Minerals.
  • Barrick Gold - Regularly advise Barrick Gold on U.S. securities matters, including most recently in a $750 million public offering of investment grade notes and in a $1 billion Rule 144A/Reg S offering of copper bonds.
  • BHP Billiton - Advised Billiton in the combination with BHP to create BHP Billiton (through dual-headed companies); its joint venture with Alcoa to combine their North American metals distribution businesses; NAMD and Reynolds Aluminum Supply Company, respectively, to form Integris Metals.
  • Blue Pearl | Thompson Creek - Advised Blue Pearl in its acquisition of Thompson Creek, which transformed Blue Pearl into the world’s largest publicly traded mining company producing only molybdenum.
  • Böhler-Uddeholm | Voestalpine - Advised voestalpine in its acquisition of Böhler-Uddeholm.
  • Corus | Tata Steel - Advised Corus Group in its $12.2 billion acquisition by Tata Steel UK, a subsidiary of Tata Steel, as well as the associated competition clearance.
  • China Coal Energy - Acted for the underwriters in an initial public offering in Hong Kong and a Rule 144A/Reg S offering of H shares related to the privatization of China Coal Energy.
  • Franco-Nevada - Acted for the lead underwriters in the C$1.3 billion initial public offering of Franco-Nevada and in a C$230 million follow-on offering of common shares.
  • Gerdau - Acted for the underwriters on numerous securities offerings for Gerdau, including a $2.5 billion series of equity offerings; a BRL 1.4 billion Rule 144A/Reg S offering of both common and preferred shares of Metalúrgica Gerdau; and a Rule 144A/Reg S offering of its high yield guaranteed perpetual bonds.
  • Goldcorp - Advised Goldcorp in its $862 million Rule 144A/Reg S offering of convertible bond offering
  • Kinross - Acted for the lead underwriters in a $360 million public offering of common shares of Kinross.
  • Lundin Mining - Advised Lundin Mining in its acquisition of Rio Narcea, Tenke Mining and EuroZinc Mining.
  • Pan American Silver - Acted for the underwriters on various securities offerings by Pan American Silver, including in a $100 million public offering of common shares of Pan American Silver.
  • Peabody Energy - Acted for the underwriters on multiple securities offerings of Peabody Energy.
  • Pechiney | Alcan - Advised Pechiney in its initially unsolicited and later recommended
    $6.7 billion public offer for its shares by Alcan, as well as the associated antitrust clearances.
  • Sterlite Industries (India) - Acted for the lead underwriters in the $2.0 billion initial public offering of American depositary shares of Sterlite Industries (India); Sterlite Industries (India) Limited, a wholly-owned subsidiary of Vedanta Resources plc, in its acquisition of substantially all of the operating assets of ASARCO LLC for $1 billion in cash and a $600 million note, as well as antitrust clearances.
  • Teck Resources - Acted for the underwriters for multiple securities offerings for Teck Resources, including a $4.2 billion Rule 144A/Reg S offering of high yield bonds
  • USIMINAS - Advised USIMINAS on numerous securities offerings, including in the public offering of its shares in Brazil and a Rule 144A/Reg S offering of its shares and global depositary shares by selling securityholders.
  • Vedanta - Acted for the lead underwriters in a $1.25 billion Rule 144A/Reg S global offering of high yield notes of Vedanta Resources plc.
  • Western Goldfields - Regularly advise Western Goldfields on U.S. securities and corporate matters, including in its business combination with New Gold.
  • Yamana Gold - Regularly advise Yamana Gold on US securities matters, including in a C$135 million offering of common shares in Canada and the United States.