EMR Capital

EMR Capital in its announced agreement to acquire the Cerro Colorado mine in Chile from BHP Billiton Limited for an aggregate cost of up to US$320 million, US$50 million of which is contingent on the future price of copper.

Client

EMR Capital

Value

US$320 million

Service

Mergers and Acquisitions

Date Closed

Industry

Mining

Lead Office

Vancouver


Osler is representing EMR Capital in connection with its announced acquisition of the Cerro Colorado copper mine in Chile from BHP Billiton Limited for an aggregate cost of up to US$320 million, US$50 million of which is contingent on the future price of copper. The sale is subject to financing and customary closing conditions and is expected to close during Q4 2018.

EMR Capital is a private equity firm specializing in investments in in listed and unlisted resource companies with iron ore, coal, potash, coking coal, copper or gold projects and mining at various stages of development.

BHP Billiton Limited is an international resources company focusing on mineral exploration and production, including coal, iron ore, gold, titanium, ferroalloys, nickel and copper concentrate, as well as petroleum exploration, production, and refining.

The Osler team is led by Alan Hutchison (M&A, Mining) and includes Paula Olexiuk (Energy), Shuli Rodal (Competition and Foreign Investment), Nathaniel Lipkus (IP) and Patrick Sullivan (M&A, Mining).


Team
Alan Hutchison - Mining lawyer
Key Contact

Alan Hutchison

Partner, Corporate

Paula Olexiuk - Energy and Construction Lawyer

Paula Olexiuk

Partner, Energy

Shuli Rodal - Competition Lawyer

Shuli Rodal

Partner, Competition/Antitrust & Foreign Investment

Nathaniel Lipkus | Intellectual Property Litigator

Nathaniel Lipkus

Partner, Intellectual Property

Patrick has a broad corporate practice with an emphasis in securities, mining and corporate gover..

Patrick Sullivan

Associate, Corporate