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Article

Recent McCarthy Tétrault Mining Engagements

Date

November 7, 2008


Set out below is a list of selected mining financings, M&A transactions, and other engagements announced or completed during the twelve months ended May 31, 2008 on which we acted.

Financings
Alturas Minerals Corp. Private placement of units comprising common shares and warrants
American Creek Resources Ltd. Two non-brokered private placements of units comprising flow-through shares, common shares and warrants
American Creek Resources Ltd. Private placement of flow-through shares and units comprising common shares and warrants
Aura Silver Resources Inc. Non-brokered private placement of flow-through units comprising flow-through shares and share purchase warrants
Avalon Ventures Ltd. Private placement of flow-through shares and units comprising common shares and warrants
Baffinland Iron Mines Corporation Private placement of flow-through shares
Baffinland Iron Mines Corporation Bought deal private placement of common shares and flow-through shares
Baffinland Iron Mines Corporation Public offering of common shares
Chaarat Gold Holdings Ltd. Admission to AIM and private placement of ordinary shares
Crew Gold Corporation Private placement of common shares
Cunico Resources N.V. Bought deal private placement of ordinary shares in Canada as part of European public offering
First Quantum Minerals Ltd. Corporate debt financing secured as tradeable securities
First Quantum Minerals Ltd. Project financing for the Kolwezi tailings project in the Democratic Republic of Congo
Gemfields Resources Plc Admission to AIM and private placement of ordinary shares
Gold Fields Limited Staged investments and joint venture option arrangements with Lero Gold Corp. (now Orsu Metals Corporation) for the Taldybulak gold project in Kyrgyzstan
Goldcorp Inc. Secondary offering of common shares of Silver Wheaton Corp. — the largest bought deal in Canadian history and third-largest mining secondary offering globally
Grizzly Diamonds Ltd. Private placement of flow-through and non-flow-through units comprising shares and warrants
IAMGOLD Corporation Credit facility to finance the development of new mines in French Guyana and Africa
Nuinsco Resources Limited Bought deal private placement of flow-through shares
Oriel Resources Plc Private placement of ordinary shares
Patrician Diamonds Inc. Private placement of units comprising common shares and warrants
Rio Tinto Plc Provision of convertible credit facility to Ivanhoe Mines Ltd. to finance the development of the Oyu Tolgoi copper/gold project in Mongolia
Scorpio Mining Corporation Bought deal private placement of convertible debt securities
Shear Minerals Ltd. Private placement of flow-through shares
Shear Minerals Ltd. Private placement of flow-through shares and units comprising common shares and warrants
Sherritt International Corporation Project financing for the Ambatovy nickel project in Madagascar — awarded “African Mining Project of the Year” by Euromoney Project Finance magazine
Sidex Limited Partnership Private placement investments in debt and equity securities of selected TSX Venture Exchange-listed companies with exploration properties in the Province of Québec
Sunkar Resources Plc Admission to AIM and concurrent private placement of shares
Taseko Mines Limited Bought deal public offering of common shares
Ur-Energy Inc. Non-brokered private placement of flow-through common shares
U.S. Silver Corporation Bought deal private placement of units comprising common shares and warrants
Zazu Metals Corporation Private placement of special warrants (exercisable for common shares)
Zazu Metals Corporation Initial public offering of units comprising common shares and warrants

Mergers And Acquisitions
Aluminum Corporation of China Ltd. (Chinalco) Take-over bid for Peru Copper Inc. for $750 million
American Creek Resources Ltd. Purchase of optional interest in the Treaty Creek project for shares and $5 million in expenditure commitments
Anglo American plc Acquisition of 50% of the Pebble Project Partnership in Alaska with Northern Dynasty Minerals Limited for commitments to make a staged cash investment of up to US$1.5 billion
Anglo American plc

Acquisition of 100% of the Minas Rio iron ore assets in Brazil for US$5.5 billion through the acquisition of a company spun out by MMX S.A.

Anooraq Resources Ltd. Acquisition of majority ownership of the Lebowa Platinum Mine and the Ga Phasha, Boikgantsho and Kwanda PGM exploration projects in South Africa from Anglo Platinum Limited for $500 million, together with related equity and debt financings
CDC Group Plc Sale of 14% of its interest in Platmin Limited for $134 million
Central African Mining & Exploration Company Plc (CAMEC) Take-over bid for Katanga Mining Limited for $1.8 billion
Committee Bay Resources Acquisition of Niblack Mining Corp. by plan of arrangement valued at approximately $10 million
Crew Gold Corporation Purchase of 17.5% minority interest in Nalunaq Gold Mine A/S from Nunaminerals A/S for $4.7 million
Gold Fields Limited Sale of Venezuelan gold mining assets to Rusoro Mining Ltd. for US$532 million
Gold Fields Limited Sale of 60% interest in the Essakane gold project to Orezone Resources Inc. for $200 million
European Minerals Corporation Acquisition of Lero Gold Corp. by plan of arrangement
LionOre International Mining Ltd. Take-over bid by Xstrata Plc and acquisition by MMC Norilsk Nickel for $6.8 billion
Mantle Resources Inc. Take-over bid for Ecstall Mining Corporation for $30 million
Niger Uranium Limited Acquisition of uranium assets in Niger for approximately $20 million
Rio Tinto PLC Acquisition of 100% of common shares of Alcan Inc. for approximately $38 billion in cash
Shear Minerals Ltd. Purchase of interest in the Churchill diamond project from BHP Billiton Diamonds Inc. for $4 million
Xstrata Nickel Sale of Canadian exploration properties to Pure Nickel Inc. for $15 million plus securities,
royalty interest and off-take rights
Other Mandates
Anglo American Exploration (Canada) Ltd. Project to adopt standard documentation in all jurisdictions related to procurement and marketing of the company’s technical products
Shear Minerals Ltd. Joint venture agreements in respect of the company’s Afridi Lake property
Teck Cominco Limited Ongoing strategic and project-specific advice on Canadian Aboriginal-related matters
Ur-Energy Inc. Ongoing strategic advice regarding permitting issues and Aboriginal groups associated with the Screech Lake uranium exploration project

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