Carey represents Capstone Mining in joint venture with Mantos Cooper
Carey has assisted Capstone Mining Corp. in a joint venture with Mantos Copper for $3.3 billion USD
Carey has represented Canada’s Capstone Mining Corp. in a $3.3 billion US dollar joint venture with Mantos Copper. Under the deal, Capstone shareholders will own 60.75% of the new company, which will operate as Capstone Copper. Mantos shareholders will own the remaining stake.
The closing of the transaction, signed on 30 November, is subject to regulatory and court approvals expected to be obtained during the first quarter of 2022. After closing, Capstone Copper will operate the Chilean mining projects Mantoverde, Mantos Copper and Santo Domingo.
Blake, Cassels & Graydon acted as international counsel to Capstone Mining Corp, while Baker McKenzie (Chile) acted as local counsel to Mantos Copper and Stikeman Elliot acted as international counsel to Mantos Copper.
Baker McKenzie’s team comprised partners Antonio Ortúzar, Mirko Hilgers and Alberto Maturana, together with associate Andrés Lecaros.
Stikeman Elliot’s team included partners Amanda Linett, Daniel Borlack, John Lorito, Jonathan Wilson, Michael Kilby, Natasha vandenHoven, Meaghan Obee Tower and Kris Noonan, counsel Denise Duifhuis, and associates John Lee, Jennifer Che, Navin Kissoon, Christopher Sullivan, Kate Amirault, Peter Flynn, Kristen Cirella, Sagar Darar, Alexander Rand and Sara Shayan.
Blake, Cassels & Graydon’s team was made up of partners Bob Wooder, Jaime Kariya and Steven McKoen, and associates Evan Straight, Michelle Perini and Chetan Shory.
Carey’s team was led by partners Alejandra Daroch (pictured top left) and Francisco Ugarte (pictured bottom left), with support from counsel Francisco Corona (pictured right), and associates Julio Recordon, Constanza Trisotti, Maximiliano Urrutia, Ximena Jirón, Rocío Véliz, and Consuelo San Martín.
