Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 12-04-2016 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | Kazzinc/Glencore Sale of Komarovskoye Gold Deposit, Kazakhstan | Industry: | Mining |
| Description: |
White and Case LLP advised Kazzinc Limited, a subsidiary of Glencore plc, on its sale of Orion Minerals LLP, which owned the Komarovskoye gold deposit in the Republic of Kazakhstan, to Polymetal International plc.
Located in north western Kazakhstan, Komarovskoye was one of the country's largest gold deposits, with inferred resources of an estimated 28 metric tons at 1.5 g/t gold containing approximately 1.4 Moz1. Resources were estimated only to the depth of 280 meters, while mineralisation was traced to a depth of 450 meters.
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| Financial Center: | Moscow | Value: | 0.00-0.00 |
| Advised Party: | Seller | Law Firm | White & Case |
| Assets Jurisdiction | Kazakhstan | Purchaser Jurisdiction | United Kingdom |
| Classification: |
Transfer of Infrastructure Assets Mining Assets |
Lawyer | Maxim Telemtayev |
