Fasken Martineau: the best mining law firm in the world?
“We are extremely proud to onc...
Fasken Martineau has been awarded Global Mining Law Firm of the Year for 2016 by Who’s Who Legal for the eighth time.
“We are extremely proud to once again be named Global Mining Law Firm of the Year. This win showcases the comprehensive range of legal services the Global Mining Group provides our clients globally and we are pleased to share this award with them,” said partner John Turner, Practice Group Leader for Fasken Martineau’s Global Mining Group.
Providing mining and business law expertise with over 150 years of experience, Fasken Martineau’s Global Mining Group has earned a formidable reputation in the industry, manoeuvering the dynamics and cycles of international mining, structuring transactions to promote cross-border efficiencies, reducing clients’ exposure to commercial, regulatory and political risk and facilitating financings.
Fasken Martineau’s Global Mining Group is a go-to practice for complex mining matters involving multiple legal disciplines and jurisdictions. With extensive experience and resources available in Canada, Africa, Europe and Latin America, they oversee the international dimensions that characterise many mining industry transactions.
Who’s Who Legal is a strategic research partner of the American Bar Association’s Section of International Law. Who’s Who Legal’s 2016 award winners are selected based upon a comprehensive, independent survey with both general counsel and private practice lawyers worldwide. Only firms and practitioners who have met independent international research criteria are considered.
Fasken Martineau has more than 700 lawyers, the firm has offices in Vancouver, Calgary, Toronto, Ottawa, Montréal, Québec City, London and Johannesburg. For additional information, please visit the firm’s website at www.fasken.com.
Read the April 2016 issue of Mining Global magazine
Vale invests $150mn to extend life of Manitoba operations
Vale has announced a $150mn CAD investment to extend current mining activities in Thompson, Manitoba by 10 years while aggressive exploration drilling of known orebodies holds the promise of mining well past 2040.
Global energy transition is boosting the market for nickel
The Thompson Mine Expansion is a two-phase project. The announcement represents Phase 1 and includes critical infrastructure such as new ventilation raises and fans, increased backfill capacity and additional power distribution. The changes are forecast to improve current production by 30%.
“This is the largest single investment we have made in our Thompson operations in the past two decades,” said Mark Travers, Executive Vice-President for Base Metals with Vale. “It is significant news for our employees, for the Thompson community and for the Province of Manitoba.
“The global movement to electric vehicles, renewable energies and carbon reduction has shone a welcome spotlight on nickel – positioning the metal we mine as a key contributor to a greener future and boosting world demand. We are proud that Thompson can be part of that future and part of the low carbon solution.”
Vale continues drilling program at Manitoba
Coupled with today’s announcement, Vale is continuing an extensive drilling program to further define known orebodies and search for new mineralization.
“This $150mn investment is just one part of our ambitious Thompson turnaround story. It is an indicator of our confidence in a long future for the Thompson operations,” added Dino Otranto, Chief Operating Officer for Vale’s North Atlantic Base Metals operations.
“Active collaboration between our design team, technical services, USW Local 6166, and our entire Thompson workforce has delivered a safe, efficient and fit-for-purpose plan that will enable us to extract the Thompson nickel resources for many years to come.”
The Thompson orebody was first discovered in 1956 by Vale (then known as Inco) following the adoption of new exploration technology and the largest exploration program to-date in the company’s history. Mining of the Thompson orebody began in 1961.
“We see the lighting of a path forward to a sustainable and prosperous future for Vale Base Metals in Manitoba,” said Gary Annett, General Manager of Vale’s Manitoba Operations.