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MINING
MINING
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BOWMANS
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Mining
Contents
04 OurFirm
05 OurFootprintinAfrica
06 OurMiningSector
07 OurSpecialistServices
08 OurSignatureMatters
10 Accolades
12 KeyContacts
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BOWMANS
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Our Firm
Bowmans is a leading Pan-African law firm. Our track record of providing specialist legal services, both domestic and cross-border, in the fields of corporate law, banking and finance law and dispute resolution, spans over a century.
WithsixofficesinfourAfricancountriesandover400specialisedlawyers,we
aredifferentiatedbyourgeographicalreach,independenceandthequalityoflegalservicesweprovide.
WedrawonouruniqueknowledgeoftheAfricanbusinessenvironmentandin-depthunderstandingofthesocio-politicalclimatetoadviseclientsonawiderangeoflegalissues.Ouraimistoassistourclientsinachievingtheirobjectivesassmoothlyandefficientlyaspossiblewhileminimisingthelegalandregulatoryrisks.
Ourclientsincludecorporates,multinationalsandstate-ownedenterprisesacrossarangeofindustrysectorsaswellasfinancialinstitutionsandgovernments.
Ourexpertiseisfrequentlyrecognisedbyindependentresearchorganisations.WehavebeennamedAfricaLegalAdviserbyDealMakersforthelasttwoconsecutiveyears(2014and2015)andSouthAfricanLawFirmoftheYearfor2016bytheWho’s Who Legal.MostrecentlywewontheBanking,FinanceandRestructuringTeamoftheYear,theEmploymentTeamoftheYear,andthePropertyTeamoftheYearAwardsattheprestigiousAfricanLegalAwardshostedby Legal WeekandtheCorporateCounselAssociationofSouthAfricain2016.
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Bowmans offices
Relationship firm
Francophone Africa coverage
Significant transaction
or advisory experience
WeprovideintegratedlegalservicesthroughoutAfricafromsixoffices
(Antananarivo,CapeTown,Durban,Johannesburg,KampalaandNairobi)infourcountries(Kenya,Madagascar,SouthAfricaandUganda).
WeworkcloselywithleadingNigerianfirm,UdoUdoma&Belo-Osagie,whichhasofficesinAbuja,LagosandPortHarcourt,andhavestrongrelationshipswithotherleadinglawfirmsacrosstherestofAfrica.
WeprovidecoverageoffrancophoneOHADAjurisdictionsacrossthecontinent(includingBenin,BurkinaFaso,Burundi,Cameroon,CentralAfricanRepublic,Chad,CongoRepublic,DemocraticRepublicofCongo,Gabon,Guinea,IvoryCoast,Mali,Mauritania,Niger,Rwanda,SenegalandTogo)fromourofficeinMadagascar.
WearerepresentativesofLexMundi,aglobalassociation,withmorethan160independentlawfirmsinallthemajorcentresacrosstheglobe.Thisassociationgivesusaccesstothebestfirmsineachjurisdictionrepresented.
Our Footprint in Africa
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Our Mining Sector
Asthelong-termdemandforAfrica’sresourcesgrows,weanticipateagrowingdemandforrelatedlegalservices.
Wehaveastrongrecordofactingonthemostsignificantmining-relatedmergersandacquisitionsacrosstheAfricancontinent.Wesupportourclientsthrougheveryaspectofminingandresourcerelatedtransactionsfromtheinitialduediligencethroughregulatorycompliancetonegotiatingandclosingthedeals.Wehavealsoadvisedonsomeofthelargestandmostinnovativedebtandequitycapitalmarkettransactionsonthecontinent.
Weareabletoco-ordinateourservicethroughasinglepointofcontactofferingaseamlessserviceandmakingtheexecutionofcross-bordertransactionslesscumbersome,time-consumingandcostly.
Whetherclientsarenegotiatingofftakes,supplysidecontractsorrequireday-to-daycommercialagreementsupport,wehavethenecessarydepthofexpertiseandskillstoassist.
Weregularlyadviseclientsonallmattersrelatingtolocalmininglegislation,includingbutnotlimitedtocompliance,miningtitleandotherlegalopinions,applicationsandacquisitionsofrights,reviewapplications,appealsandduediligences.
Wehaveassistednumerousclientsontheinteractionofenvironmentalandmininglegislation,includinglicensing,appealsandcourtreviewsoflicensingdecisions.
Wehaveexperienceinsuccessfullyobjectingtothegrantofprospectingorminingrightapplicationsandpursuingappealsagainstdecisionsregardingthegrantorrefusalofminingandprospectingapplications.
Ourexperienceextendstomineincidentandaccidentenquiries,dealingwithnotificationsandassistingwithlegalcomplianceassociatedwithhealthandsafety.
Ourclientsincludeglobalminingandresourcescompanies,investors,banksandfinancialinstitutions,state-ownedenterprisesandvariousgovernmentdepartmentswithintheminingandresourcessector.
We have established
ourselves as a leading
legal adviser within
the mining industry in
Africa and offer a full
complement of legal
services in this sector.
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Mining
Our Specialist Services
WeregularlyadviseclientsonallmattersrelatingtolocalminingandresourcesandrelatedlegislationacrosstheAfricancontinent,includingbutnotlimitedto:
• seniorandstrategiclocalgovernmentandlocalregulatorengagementsinAfrica;
• mergersandacquisitions,jointventuresandjointoperatingagreements;
• capitalmarketstransactions;• advisingborrowersintheminingand
resourcesindustryandfinanciersonminingfinancetransactions;
• draftingofcommercialminingandresourcescontracts,suchascontractmining,offtakeandsupplyagreements;
• environmental,occupationalhealth-and-safetyandminingregulationissuesinAfrica;
• blackeconomicempowermentintheminingandresourcesindustryinAfrica;
• variousregulatoryapplicationsinAfrica,suchasapplicationsforthegrantofmineralrights,applicationsfortheMinister’sconsenttotransfermineralrightsandapplicationstoamendmineralrights;
• appealorreviewproceedings;
• retrenchmentandgenerallabourlawprocedures,processesandappearances;and
• draftingofminingtitleandtransferabilityopinionsandconductingduediligenceinvestigationsonminingtitles.
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Someofournotableexperienceintheminingandresourcessectorincludesadvising:
• AfricanRainbowMineralsonitsjointventurewithValeforminingassetsinDemocraticRepublicoftheCongo,Mozambique,NamibiaandZambia;
• AfricanRainbowMineralsLtdinrespectofitsacquisitionoftheentireissuedsharecapitalofTamboti(Pty)Ltd,includingtheplatinumminingrightheldbyTamboti(Pty)Ltd;
• TheAmbatovyProjectinMadagascarsinceitsinceptionin2003.WeadvisedontherealestateandpermittingaspectsofitsUSD7billioninvestmentinMadagascar.TheclientreachedfinancialcloseforUSD2.2billionofprojectfinancingin2008andwecontinuetoadvisetheprojectdirectly;
• AngloGoldAshantiLtdinrespectofitsproposedrestructuring(demerger)ofthecurrentportfolioofAngloGoldAshantiintoseparatelistedvehiclesforeachofitsSouthAfricanandinternationalminingoperations.Theproposeddemergerwascoupledwithaproposedrightsoffer,bothofwhichwerewithdrawnfollowinglackofshareholderappetite(totaldealvalueofUSD7.1billion);
• AssmangLtd,SumitomoCorporationandChinaSteelCorporationinajointventure,inrespectoftheconstruction,commissioningandoperationofhighcarbonferromanganeseand/orsilico-manganesesmeltingplantinSarawak,MalaysiawithavalueofZAR3.3billion;
• BankofChinaLtd,FirstRandBankLtd,
NedbankLtd,ABSABankLtd,InvestecBankLtd,JPMorganChaseBankandStandardBankofSouthAfricainthenegotiationandconclusionofaZAR4.5billionsecuredtermandrevolvingfacilitycomprisingaZAR2.5billionrevolvingcreditfacilityandaZAR2billiontermloanfacilityprovidedtoSibanyeGoldLtd,acompanylistedontheJSELtd;
• BarrickGoldCorporation(Canada)inthedisposalofthreeofitsminesinWesternAustraliatoGoldFieldsLtd,wheretheconsiderationreceivedwaspartcashandpartsharesinGoldFieldsLtd;
• BMONesbittBurnsInc,CIBCWorldMarketsInc.,MacquarieCapitalMarketsCanadaLtd,RBCDominionSecuritiesInc,MerrillLynchCanadaInc.,GMPSecuritiesLP,RaymondJamesLtdinrespectofapublicofferingof95834100unitsforanaggregateamountCAD143751150byCanadianminingcompany,IvanhoeMinesLtd;
• AmajorCanadianfundonitsinvestmentintominingassetsinBurkinaFasoandMali.WeconductedafullduediligenceonboththeBurkinabéandMalianassetsandprovideddetailedopinions;
• CreditSuisseAGandStandardCharteredBank(jointly),asSouthAfricanandEnglishleadcounsel,inthedebtandequityrestructureofaSouthAfricanminingcompany,Southgold,anditsCanadianparentcompany;
• ENRCN.V.inthesaleof51732782ordinarysharesheldinNorthamPlatinumLtd(constitutingapproximately13.01%
Our Signature Matters
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ofNortham’sissuedsharecapital),followedbyabookbuildinrespectofsuchshareswhichresultedintheplacementofallofthesharesheldbyENRCNVatapriceofZAR48.25pershare(dealvalueapproximatelyZAR2.5billion);
• TheGovernmentofGuinea(viaitsinternationalcounsel)ontheUSD18billionSimandouIronOreProject.Wereviewedallaspectsoftheproject,fromcorporatetoenvironmentaltoemploymentlaw;
• Hulamininrespectoftheestablishmentoftheblackeconomicempowermententity,IsizindaAluminium(Pty)Ltd,andthesubsequentacquisitionofBHPBilliton'sBaysidecasthouseintheRichard'sBayindustrialdevelopmentzone;
• Macrovest147(Pty)Ltdinrespectofitsacquisitionof34%oftheissuedsharecapitalofEVRAZHighveldSteelandVanadiumLtd,averticallyintegratedsteelandvanadiumslagproducer;
• MinmetalsontheZambianandSouthAfricanaspectsofitsapproximatelyUSD1.3billionofferforAnvilMining;
• NorthamPlatinuminrelationtotheestablishmentofabroadbasedconsortiumofHistoricallyDisadvantagedSouthAfricans(HDSA),whichwillhold31.4%ofNortham’sissuedshares,bringingNortham’stotaleffectiveHDSAownershipleveltoapproximately35.4%(dealvalueZAR6.6billion);
• RioTintoontheSouthAfricanaspectsofitsacquisitionofAfricafocusedRiversdaleMining,listedontheAustralianStock
Exchange,andthesubsequentsaleofitscoalassetsinMozambiquetoInternationalCoalVenturesPvtLtdforUSD50million;
• RoyalBafokengPlatinumLtdinrelationtoacombinedofferingofitsshares(involvingaprimaryissuebythecompany,andasecondaryissuebyitsshareholders);
• ShandukaGroup(Pty)LtdandthemajorityshareholdersinrelationtotherestructuringofShandukaGroup(Pty)LtdandmergerwithPembaniGroup(Pty)Ltd,tocreateanewZAR13.5billionblack-controllednaturalresourcesandindustrialholdinggroup;and
• WogenPacificLtdinrespectofapre-financeagreementintheamountofUSD2millionandofftakeagreementwhichisestimatedtohaveanetpresentvalueofUSD68.9million.
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Accolades
AFRICANLEGALAWARDS2016WereceivedtheawardsforBanking,FinanceandRestructuringTeamoftheYear,EmploymentTeamoftheYearandPropertyTeamoftheYear.
DEALMAKERSAWARDS2016WehavebeenidentifiedastheleadinglegaladviserinAfricabybothdealvalueandnumberoftransactions.WewerealsorankedthirdinSouthAfricaformergersandacquisitionsbydealvalue.
INTERNATIONALLAWOFFICECLIENTCHOICEAWARDSWewontheawardforSouthAfricafor2005,2006,2008,2011andagainin2015.
WHO’SWHOLEGALAWARDS2016WewerenamedSouthAfricanLawFirmoftheYear.
INDIABUSINESSLAWJOURNAL2016WewereidentifiedasoneoftheleadinginternationallawfirmsforIndiawork.
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49 Recognised Lawyers30 Recognised
Lawyers57 Recognised Lawyers
BAND1
KENYA
Banking&FinanceCommercial,Corporate&M&ARealEstate&Construction
SOUTHAFRICA
Commercial,Corporate&M&ACompetitionConstructionLabour&EmploymentProjects&InfrastructureShipping&Transport
BAND2
KENYA
DisputeResolutionProjects&Energy
SOUTHAFRICA
Banking&FinanceDisputeResolutionInvestmentFundsRealEstateTax
TIER1KENYA
Corporate&FinancialMining
SOUTHAFRICA
CapitalMarketsCompetitionEnergyM&A
UGANDA
Energy&InfrastructureFinancial&Corporate
TIER2
KENYA
EnergyInfrastructure
SOUTHAFRICA
BankingInfrastructureMiningOil&GasProjectFinance
BAND1
KENYA
Banking&FinanceCorporate/CommercialSOUTHAFRICA
CapitalMarkets:DebtCapitalMarkets:EquityCompetitionConstructionCorporateInvestigationsCorporate/M&AEmploymentEnvironmentIT/TelecommunicationsProjects&Energy
UGANDA
GeneralBusinessLaw
BAND2
MADAGASCAR
GeneralBusinessLaw
SOUTHAFRICA
Banking&FinanceDisputeResolutionMedia&BroadcastingTax
THE LEGAL 500 EMEA 2016 RANKED US IN THE FOLLOWING AREAS
IFLR1000 2017 RANKED US IN THE FOLLOWING AREAS
CHAMBERS & PARTNERS 2016 RANKED US IN THE FOLLOWING AREAS
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CHARLESYOUNG HeadofMiningSectorJohannesburg,SouthAfrica T:+27116699327E:[email protected]
Key Contacts
JOHNFFOOKS HeadofFrancophoneAfricaAntananarivo,Madagascar T:+261331263523E:[email protected]
CLAIRETUCKER HeadofPublicLawandRegulatoryJohannesburg,SouthAfrica T:+27116699402E:[email protected]
EZRADAVIDS ChairmanofCorporate/M&AJohannesburg,SouthAfrica T:+27116699320E:[email protected]
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DAVIDF.K.MPANGA PartnerKampala,Uganda T:+256414254540E:[email protected]
WANDISILEMANDLANA PartnerJohannesburg,SouthAfrica T:+27116699562E:[email protected]
Toviewprofilesofourlawyers,
pleasevisitwww.bowmanslaw.com
RAINBOWFIELD DirectorNairobi,Kenya T:+254202899000E:[email protected]
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Antananarivo
T:+261202243247E:[email protected]
CapeTown
T:+27214807800E:[email protected]
Durban
T:+27312650651E:[email protected]
Johannesburg
T:+27116699000E:[email protected]
Kampala
T:+256414254540E:[email protected]
Nairobi
T:+254202899000E:[email protected]
FollowusonTwitter:
@Bowmans_Law
www.bowmanslaw.com
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