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.
UK takes the plunge
This is a bylined article by London Mining group partner Rachel Speight on the introduction of reporting requirements on UK-based extractives companies to disclose any payments made to governments in countries where they operate.
Rare Earth Elements: Deep Sea Mining and the Law of the Sea
In this bylined article, global head of Mining Ian Coles presents key legal issues associated with mining in international waters and illustrates the lengths to which corporations and national governments will go to secure their rare earth elements supply chains.
Issues in relation to mining projects in Burkina Faso
While Burkina Faso is currently experiencing political unrest, mining companies operating in the country remain largely unaffected by the recent political changes. Burkina Faso has been ranked by the Fraser Institute as one of the top five most attractive African countries for mining investment. Here we provide an update on certain local law issues to be considered in relation to mining projects in Burkina Faso.
Main issues in connection with the amendments proposed to the South African Mineral and Petroleum Resources Development Act
This is an article on the recent tendency of resource-rich African countries to favour a more balanced distribution of the benefits produced by the extractive industry between the State and the private parties holding the relevant titles.
Africa is China’s largest investment destination
China’s growth and appetite for foreign direct investment (FDI) has made Africa its largest investment destination, according to a new report written by the Economist Intelligence Unit (EIU) for leading global law firm, Mayer Brown. The report, “Playing the Long Game: China’s Investment in Africa”, finds that whilst energy and mineral resources have attracted the most Chinese FDI, investments and activities that support Africa’s physical infrastructure is underestimated.
The Mining Law Review - United Kingdom
The United Kingdom is a leading destination for mining companies seeking to have their shares traded on a public stock exchange. As at 31 August 2014, there were 34 mining companies admitted to trading on the London Stock Exchange’s Main Market, with a combined market capitalisation of approximately £200 billion, including many of the world’s largest mining groups by market capitalisation. The London Stock Exchange’s growth market, AIM, continues to be a popular listing venue for the mining sector, with 136 mining companies admitted to trading as at 31 August 2014 with a combined market capitalisation of approximately £4.1 billion.