Centerra Gold $1.1 billion acquisition of Thompson Creek Metals

Overview:

• Centerra Gold has acquired Thompson Creek Metals in a $1.1 billion deal.
• The purchase by Canadian company Centerra includes the assumption of $900 million of US-based Thompson's debt.
• The acquisition marks an expansion of geographical diversity for Centerra, whose main asset had been a mine in Kyrgyzstan.
• Stikeman Elliott, Weil Gotshal & Manges, and Holland & Hart advised Centerra. 
• Perkins Coie (Sonny Allison, Jason Day, Barry Reingold), Gibson Dunn & Crutcher, and Cassels Brock & Blackwell (Jennifer Traub, Paul Stein, Joan Beck, Jeffrey Roy, Ryan Jacobs, Steve Dvorak) advised Thompson Creek.
• Kirkland & Ellis, Hogan Lovells, and McCarthy Tétrault advised deal sponsor Royal Gold, who has a streaming interest in a gold mine owned by Thompson Creek.

Kurt Stumpo - Journalist - North America and the Caribbean