Welcome to the latest edition of the Mayer Brown Mining Update which focuses on some of the key legal issues and developments that have been affecting the Mining sector over recent months.
Japanese Investment in the African Mining Industry
Africa’s untapped natural resources have made it an attractive hub for Chinese investment. As a result of the hype around China’s investment activities interest from the likes of Japan tend to be overlooked. However, with Japanese Prime Minister Abe’s recent visits to Djibouti, Mozambique, Ethiopia and Ivory Coast - the increasing appetite of Japanese investors is starting to be recognised.
More information on our Japan practice.
Conflict Minerals: The EU’s Proposal on Responsible Sourcing
In March 2014, the European Commission proposed a draft Regulation establishing an EU system of self-certification for EU importers of tin, tantalum, tungsten and gold
Major legislative overhaul required for deep sea mining
Game changing new technology and increased investment have the potential to transform global deep sea mining and the supply of rare earth elements (REE) according to a report published by leading global law firm, Mayer Brown. However major legislative and technical challenges will need to be addressed before this potential can be realised.
More information on our REE site.
2014 to see signs of growth in M&A activity in mining sector
Analysis from leading global law firm Mayer Brown highlights that the mining sector is set to see modest growth in 2014, with a handful of areas improving on 2013 activity. The firm notes that a combination of smaller exploration companies in need of equity and consolidators who will make acquisitions in certain areas of Africa, could lead to M&A activity, regardless of declining metal prices.
The sleeping giant
Kwadwo Sarkodie considers what a new arbitration act will mean for South Africa.
More information on our Africa practice.