White & Case LLP - News - White & Case In Mining Double

Services	Sectors
Antitrust Asset Finance Banking Canada Capital Markets Climate Change Commercial Litigation Data Privacy Employment & Benefits Financial Restructuring and Insolvency India Indonesia Intellectual Property International Arbitration International Trade Israel Korea Latin America Mergers & Acquisitions Private Clients Pro Bono Project Finance Sovereign Wealth Funds Sovereigns Spain Taiwan Tax White Collar	Communications and Media Construction Environmental Funds Islamic Finance Mining and Metals Oil & Gas Pharmaceuticals and Healthcare Power Real Estate Sourcing & Technology Transactions

North America	Latin America	Europe		Asia	Middle East/Africa
Los Angeles Miami New York Silicon Valley Washington, DC	Mexico City Monterrey São Paulo	Almaty Ankara Berlin Bratislava Brussels Bucharest Budapest Düsseldorf Frankfurt Geneva Hamburg	Helsinki Istanbul London Milan Moscow Munich Paris Prague Stockholm Warsaw	Beijing Hong Kong Shanghai Singapore Tokyo	Abu Dhabi Doha Johannesburg Riyadh

White & Case In Mining Double
Increasing Numbers of Mining & Metals Companies Seek International Listings

London, Helsinki, June 6, 2007 ... White & Case has acted on two separate transactions in the mining sector as global demand for natural resources is continuing to drive activity in it. The Firm advised Talvivaara Mining Company Ltd ("Talvivaara"), a Finnish mining company, on its £190 million Initial Public Offering (IPO) on the London Stock Exchange (LSE), as well as advising aluminium company Global Alumina Corporation, in connection with the issuance of a two-thirds interest in its subsidiary, Guinea Alumina Corporation, Ltd., to DUBAL, BHP Billiton and Mubadala Development for a total issuance price of $260 million. This joint venture was formed to develop and operate the Sangarédi Alumina Refinery in the Republic of Guinea.

"We are seeing increasing numbers of companies from the mining and metals sector seeking international listings around the world. London has become an increasingly important focus for foreign companies looking to access additional capital, with more money being raised from IPOs on the London Stock Exchange and its secondary market, the Alternative Investment Market, than any other exchange in the world," commented Petri Haussila, the lead White & Case partner advising Talvivaara.

The White & Case team working alongside Petri Haussila on the Talvivaara IPO included associate Mikko Hulkko in Helsinki, and partner Philip Broke, associate Daniel Moore and trainee Sally Koo in London.

Glen Ireland, lead White & Case partner advising Global Alumina Corporation added, "Activity in the mining and metals sector is showing no signs of slowing down. In addition to capital markets work, we are continuing to see significant M&A activity as the industry consolidates, as well as financings for major new projects."

Glen Ireland was assisted by associate Robert Perkins on the Global Alumina Corporation transaction.

White & Case has extensive experience in the mining and metals market. Highlights of the Firm’s work include:

advising Kazakhmys Plc, a Kazakh copper mining corporation, on its $260 million offer to purchase all of the issued and out-standing shares of Eurasia Gold, a Canadian gold mining company listed on the Toronto Stock Exchange;
advising BNP Paribas on its $500 million refinancing of the construction of the RUSAL Khakas aluminium smelter, the first aluminium production facility to be built in Russia in the past 20 years and the longest tenor project financing in Russia to date;
advising Gold Fields, in its role as sponsor, and the project company in connection with the development and financing of the $340 million greenfield Cerro Corona gold-copper project in Peru;
advising Sohar Aluminium Company LLC, sponsored by Oman Oil Company S.A.O.C., the Abu Dhabi Water & Electricity Authority and Alcan, in connection with the development and financing of the construction of a $2.409 billion aluminium smelter complex in Sohar in Oman;
advising BMO Nesbitt Burns as placing agent in Titanium Resources Group Limited’s $35.2 million secondary placement of shares on the Alternative Investment Market (AIM), the £15.4 million placing of new shares on AIM by Cluff Gold plc. and the $60 million placing of new shares and admission to AIM of UraMin, Inc., as well as subsequently acting for BMO Nesbitt Burns and Canaccord Adams as placing agents on a $200 million secondary placing by UraMin, Inc.

About White & Case
White & Case LLP is a leading global law firm with more than 2,000 lawyers in 35 offices in 23 countries. Among the first US-based law firms to establish a truly global presence, we provide counsel and representation in virtually every area of law that affects cross-border business. Our clients value both the breadth of our network and depth of our US, English and local law capabilities in each of our offices and rely on us for their complex cross-border transactions, arbitration and litigation. Whether in established or emerging markets, the hallmark of White & Case is our complete dedication to the business priorities and legal needs of our clients.

Contact:
James Martin
Media Relations Mgr EMEA, White & Case
44 0 20 7532 2853/ 44 0 7939 012 011

Alexandra Henderson
Media Relations Executive, White & Case
44 0 20 7532 2848

	Press Releases
Expertise Capital Markets Project Finance Lawyers Petri Y. J. Haussila Mikko Hulkko Philip Broke Locations London Helsinki	White & Case In Mining Double Increasing Numbers of Mining & Metals Companies Seek International Listings London, Helsinki, June 6, 2007 ... White & Case has acted on two separate transactions in the mining sector as global demand for natural resources is continuing to drive activity in it. The Firm advised Talvivaara Mining Company Ltd ("Talvivaara"), a Finnish mining company, on its £190 million Initial Public Offering (IPO) on the London Stock Exchange (LSE), as well as advising aluminium company Global Alumina Corporation, in connection with the issuance of a two-thirds interest in its subsidiary, Guinea Alumina Corporation, Ltd., to DUBAL, BHP Billiton and Mubadala Development for a total issuance price of $260 million. This joint venture was formed to develop and operate the Sangarédi Alumina Refinery in the Republic of Guinea. "We are seeing increasing numbers of companies from the mining and metals sector seeking international listings around the world. London has become an increasingly important focus for foreign companies looking to access additional capital, with more money being raised from IPOs on the London Stock Exchange and its secondary market, the Alternative Investment Market, than any other exchange in the world," commented Petri Haussila, the lead White & Case partner advising Talvivaara. The White & Case team working alongside Petri Haussila on the Talvivaara IPO included associate Mikko Hulkko in Helsinki, and partner Philip Broke, associate Daniel Moore and trainee Sally Koo in London. Glen Ireland, lead White & Case partner advising Global Alumina Corporation added, "Activity in the mining and metals sector is showing no signs of slowing down. In addition to capital markets work, we are continuing to see significant M&A activity as the industry consolidates, as well as financings for major new projects." Glen Ireland was assisted by associate Robert Perkins on the Global Alumina Corporation transaction. White & Case has extensive experience in the mining and metals market. Highlights of the Firm’s work include: advising Kazakhmys Plc, a Kazakh copper mining corporation, on its $260 million offer to purchase all of the issued and out-standing shares of Eurasia Gold, a Canadian gold mining company listed on the Toronto Stock Exchange; advising BNP Paribas on its $500 million refinancing of the construction of the RUSAL Khakas aluminium smelter, the first aluminium production facility to be built in Russia in the past 20 years and the longest tenor project financing in Russia to date; advising Gold Fields, in its role as sponsor, and the project company in connection with the development and financing of the $340 million greenfield Cerro Corona gold-copper project in Peru; advising Sohar Aluminium Company LLC, sponsored by Oman Oil Company S.A.O.C., the Abu Dhabi Water & Electricity Authority and Alcan, in connection with the development and financing of the construction of a $2.409 billion aluminium smelter complex in Sohar in Oman; advising BMO Nesbitt Burns as placing agent in Titanium Resources Group Limited’s $35.2 million secondary placement of shares on the Alternative Investment Market (AIM), the £15.4 million placing of new shares on AIM by Cluff Gold plc. and the $60 million placing of new shares and admission to AIM of UraMin, Inc., as well as subsequently acting for BMO Nesbitt Burns and Canaccord Adams as placing agents on a $200 million secondary placing by UraMin, Inc. About White & Case White & Case LLP is a leading global law firm with more than 2,000 lawyers in 35 offices in 23 countries. Among the first US-based law firms to establish a truly global presence, we provide counsel and representation in virtually every area of law that affects cross-border business. Our clients value both the breadth of our network and depth of our US, English and local law capabilities in each of our offices and rely on us for their complex cross-border transactions, arbitration and litigation. Whether in established or emerging markets, the hallmark of White & Case is our complete dedication to the business priorities and legal needs of our clients. Contact: James Martin Media Relations Mgr EMEA, White & Case 44 0 20 7532 2853/ 44 0 7939 012 011 Alexandra Henderson Media Relations Executive, White & Case 44 0 20 7532 2848