Here you can find some recent developments in mining and environmental legislation
The Government has decided to introduce of a separate mining tax for Finnish mines.
Kalliolaw advised Gold Line Resources Ltd. and its Finnish subsidiary in an asset purchase transaction.
Kalliolaw advised Rupert Resources Ltd and its Finnish subsidiaries in the Finnish law aspects of its equity financings.
We advised Palladium One Mining Inc. and its Finnish subsidiary in the Finnish law aspects of its financing. The net proceeds will be used for exploration in Finland and for general corporate purposes.
We advised Rupert Resources Ltd and its Finnish subsidiaries in the Finnish law aspects of its equity financings, raising a total of C$ 25,600,000.
First Quantum Minerals Ltd. sold its nickel-copper-platinum Kevitsa mine in Finland to Boliden Mineral AB for USD 712 millionKalliolaw2021-05-04T09:54:34+03:00
The transaction was closed on 1 June 2016 and it also included FQM Kevitsa Mining Oy’s fully owned subsidiary, FQM FinnEx Oy, being an exploration company. The total consideration on a debt-free basis is USD 712 million in cash, making it as one of the biggest transactions of a private company in Finland during 2016 so far.
We advised First Quantum Minerals Ltd. in the Finnish law aspects of the Term Loan and Revolving Credit Facility (the “Facility“).