Practice Areas - Corporate and M&A Law Firms and Lawyers
Deal Date: | 18-09-2015 | Practice Area: | Corporate and M&A |
Deal Title: | AngloGold Ashanti/Randgold Resources - Obuasi Gold Mine, Ghana JV | Industry: | Mining |
Description: |
Slaughter and May advised AngloGold Ashanti on its proposed joint venture with Randgold Resources to redevelop and operate AGA's Obuasi gold mine. Obuasi was a large, high-grade deposit located in the Ashanti region of Ghana. Randgold would lead and fund a development plan designed to rebuild Obuasi as a viable, long-life mining business. AGA and Randgold would then be jointly responsible for funding the redevelopment of Obuasi in line with the agreed development plan. Randgold would be appointed operator of the mine.
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Financial Center: | London | Value: | 0.00-0.00 |
Advised Party: | Joint Venture Party | Law Firm | Slaughter and May |
JV Party Jurisdiction | United Kingdom | JV Party Jurisdiction | South Africa |
Classification: |
Joint Ventures Continuing Business Partnership |
Lawyer | Craig Cleaver |