KAZ Minerals $900 million acquisition of Baimskaya copper mine

22/1/2019

Private acquisition

Value:

$ 900 million

Status:

Completed

Date:

22/1/2019

Overview:

Kazakhastan copper company KAZ minerals has acquired Bamiskaya copper project in Chukotka, Russia from Aristus Holdings for $900 million
Bamiskaya copper project is expected to have an annaual production of 250kt copper and 400koz gold in the first 10 years of operations.

Rajeeb Gurung - Researcher

Jurisdictions:

Cyprus
Russia

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

England and Wales

Industry sector:

Mining

Firms:

A&O Shearman

Party: Aristus Holdings (Seller)

Harneys - Aristodemou Loizides Yiolitis

Party: Aristus Holdings (Seller)

Kaimakliotis

Party: KAZ Minerals (Acquirer)

Lawyer: Pavlos Kaimakliotis

Linklaters

Party: KAZ Minerals (Acquirer)

Lawyer: Ian Hunter

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