Newmont sells Éléonore mine in Quebec for $795m
The miner said the deal and other 2024 sales will raise $3.6 billion.
Law-ranking powerhouse, Chambers and Partners, writes in an editorial that Canadian lawyers are best equipped to help companies manage projects in Latin America due to home market expertise. The network effect, having the largest capital market for miners and the most developed regulatory market, make Canadian lawyers the best source of legal advice when guiding projects.
Chambers argues that Latin American markets are too small to meet the needs of miners.
Even with recent stock market consolidation in Latin America, local capital markets are sometimes not sufficiently large or familiar enough with mining-related financings to provide the liquidity that Latin American mining companies require, and often foreign companies are drawn to the capital markets in Canada. Canadian law firms can provide efficient, skilled advice in this area, some of whom are also qualified to advise on capital markets and other matters in the United States.
