Hernández & Cía’s mining team provides comprehensive advice to a range of both national and international companies in the mining industry, handling matters that range from exploration and extraction issues to project development and financing, permitting and regulatory compliance. Recognised for his significant expertise in the development of mining projects, Luis Felipe Huertas Del Pino jointly leads the team together in conjunction with mining, environmental and arbitration expert Luis Rodríguez-Mariátegui; and Miyanou Dufour, whose broad practice spans regulatory matters, the negotiation of corporate and financing contracts and mining project development. The senior team was further strengthened in January 2024 with the promotion of Juan Pablo Macassi to the partnership; he is an additional key contact for matters related to exploration and exploitation. Also promoted at the start of the year, counsel Lorena Tanji focuses on mining and environmental regulation; while senior associate Joseline Pérez's practice centres on regulatory matters and occupational health-and-safety in the mining sector.
Mining in Peru
Hernández & Cía
Responsables de la pratique:
Luis Rodríguez-Mariátegui; Luis Felipe Huertas del Pino; Miyanou Dufour
Les références
‘Estudio Hernandez has a very efficient and proactive team.’
‘The service is personalised, the attention of Luis Felipe Huertas and Joselin Pérez is efficient and they both provide very quick responses.’
‘Excellent knowledge of the issues they advise on.’
Principaux clients
Aurifera Tres Cruces
Camino Minerals Corp
Compañía Minera Antamina
Compañía Minera Antapaccay
Compañía Minera Raura
Compañía Minera San Ignacio de Morococha
Compañía Minera Santa Luisa
Consorcio Cementero del Sur
Gold Fields La Cima
Hudbay Perú
Lumina Copper
Marcobre
Minera La Granja
Minera Las Bambas
Minsur
Republic of Perú
Rio Tinto Minera Perú
Rio Tinto Mining and Exploration
Silver Crown Royalties
Southern Peaks Mining
Volcan Compañía Minera
Principaux dossiers
- Advised Rio Tinto Peru on the sale of its shares to First Quantum Minerals whereby the latter acquired a 55% interest in La Granja project, with Rio Tinto holding the remaining 45% interest.
- Advised Minera La Granja on the implementation of development projects in the La Granja Project area, which is financed with 50% of the semi-annual payments made by Rio Tinto to the Peruvian State.
- Assisted Compañía Minera Antamina with identifying and scheduling the applicable governmental approvals to obtain a life-of-mine extension.
Rodrigo, Elías & Medrano Abogados
Rodrigo, Elías & Medrano Abogados maintains a sizeable and thriving mining practice which proves to be the go-to choice for a host of clients. The team stands out for its expertise in the full spectrum of both contentious and non-contentious matters in the mining sector, where it notably handles high-value M&A and financing transactions involving royalty, take-off and streaming agreements, as well as regulatory and disputes matters, including administrative proceedings and domestic and international arbitration. ‘Megastar’ Luis Carlos Rodrigo Prado heads a team that also includes Oscar Benavides, noted for his prowess in structuring and negotiation of exploration, development and exploitation contracts; Claudio Ferrero, an expert in financing and M&A transactions; and Francisco Tong, who is recognised for his understanding of mining administrative regulations and environmental issues. Francisco Barrios specialises in permitting strategies and the expansion of mining projects, while January-2023 partner promotion Diego Pachas focuses on licensing, legal audits of permits, and occupational health and safety matters. At associate level, senior Tomás Denegri focuses on project finance, M&A, and exploration, joint venture and mining project investment contracts; while Mariana Delgado specialises in mining law and environmental regulation.
Responsables de la pratique:
Luis Carlos Rodrigo
Les références
‘This is one of the most prestigious law firms in Peru. It has lawyers specialised in all the different areas required by a company.’
‘The team at Rodrigo Elias Medrano is led by Luis Carlos Rodrigo and is by far the best in Peru. The team is highly sophisticated, has an in-depth knowledge of the mining and energy industry acquired over the past decades and provides outstanding advice.’
‘Luis Carlos Rodrigo is an absolute star. He is one of the best advocates I have ever met. He is brilliant. His knowledge of the mining sector is outstanding, and his advice is always head-on and well thought through.’
Principaux clients
Adar Mining Corp
Anglo American Quellaveco
Antofagasta Resources
Barrick Gold Corporation
Bear Creek Mining
Sociedad Minera Cerro Verde (Freeport-McMoRan and SMM Cerro Verde Netherlands – Sumitomo)
Cerro de Pasco Resources (sucursal del Perú)
Compañia Minera Antamina
First Quantum Minerals
Fortescue Minerals
Hartree Partners
Hudbay Peru
Javellin Global Commodities
La Arena
Lundin Mining Corporation
MINSUR
Marcobre
Minera Antares
Minera Las Bambas
Minera Chinalco
Minera Barrick Perú
Nittetsu Mining Co
Pan American Silver Corp
Reliant Ventures
Sierra Metals
SSR Mining Inc
Southern Peru Copper Corporation (sucursal del Peru)
Sumitomo Corporation
Trafigura Metals
Principaux dossiers
- Advised First Quantum Minerals on the acquisition of a 55% stake in the La Granja project, a copper mining project in Peru’s northern Cajamarca region, from Rio Tinto, for an amount of $105m.
- Advised Minera Barrick Peru on the acquisition and consolidation of exploration properties in southern Peru (Puno) from Teck Resources, Valor Resources (Kiwanda) and Xali (Minera Candente).
- Advised Pan American Silver Corp. on the sale to Alpayana of a 92.3% stake in Compañía Minera Argentum, which operates the Morococha Mine – a copper, lead, silver, and zinc project in western Peru.
Miranda & Amado
A deep roster of major national and international mining companies routinely turns to Miranda & Amado for its team’s expertise across the entire spectrum of mining operations. In addition to advising on due diligence related to the acquisition of titles and handling complex disputes before local and international arbitration panels, the practice group also routinely assists with concessions and matters related to the exploration, permitting, development and financing of mining projects. Mining law specialist Alberto Delgado heads the team, with Guillermo Bracamonte - who is particularly focused on transactional mining matters - providing additional partner-level support. Assisting clients with permitting, environmental and operational issues, as well as handling due diligence on mining prospects, counsel Luzmila Zegarra is another name to note. At associate level, Cynthia Rebaza provides key support to major clients on issues including regulation, due diligence, permitting and administrative sanctioning, among others.
Responsables de la pratique:
Alberto Delgado
Les références
‘It is a top-notch studio covering all practice areas.’
‘Guillermo Bracamonte and Alberto Delgado are two stars of the mining sector.’
Principaux clients
Analytica Mineral Services
Apurimac Ferrum
Banco Santander Perú
Bank of America Corporation
Compañía Minera Antapaccay – Glencore
Great Panther Silver
Heeney Capital
Hochschild Mining
Las Bambas
MCQ Copper
Minera Antapaccay
Minera Chinalco Perú
Minera Las Bambas
Mitsubishi Materials Corporation
Nexa Resources
Red Citadel Resources
Scotiabank Peru
Sierra Metals Inc.
Silver Mountain Resources
Sociedad Minera Reliquias
Principaux dossiers
- Assisted Apurimac Ferrum with all its legal matters in Peru, including corporate and contractual issues, regulatory compliance with mining and environmental laws and the analysis of new projects and investment opportunities.
- Advising Heeney Capital on the negotiation, execution and closing of a share purchase agreement for the acquisition of up to 90% of the issued shares in Antilla Copper, holder of the Antilla mining project.
- Advised Minera Las Bambas on matters such as the legal structuring of new projects; mining, water and environmental permitting; transport regulations; financing (including a recent $105m financial leasing to acquire new production equipment), and litigation (including more than 35 cases involving complex issues such as claims to annul the company’s environmental permits and water rights).
Philippi Prietocarrizosa Ferrero DU & Uria
Philippi Prietocarrizosa Ferrero DU & Uria continues to provide strategic counsel to major mining companies, offering expertise in complex transactions, the negotiation of strategic contracts, permitting and regulatory affairs. The firm’s natural resources practice is co-led by the dual-qualified (Peru and New York) Rafael Lengua, who is recognised for his expertise in complex mining, corporate and financial transactions); and natural resources expert Raúl Ravina, a July-2023 partner hire from CMS Grau who contributes particular expertise in land acquisition and reclamation for investment projects. Natural resources' practice directors Roberth Rojas and Juan Pulgar-Vidal (who arrived at the firm with Ravina) specialise in acquiring and regularising surface lands for mining projects, along with associated negotiation, acquisition and titling processes. At associate level, experienced principal Sergio Cueva assists mining and natural resources companies with complex corporate/M&A, financing, and contractual matters; while senior Mitzy Longa focuses on mining and environmental regulations.
Responsables de la pratique:
Rafael Lengua; Raúl Ravina
Les références
‘PPU’s team has unique expertise in land reclamation matters, which it executes with excellent professionalism.’
‘Their experience in the field is outstanding; they are professional in every sense: treatment, knowledge, immediate response to requirements, first-class attention.’
‘They are unique in land reclamation processes, they execute it incredibly well with a lot of professionalism; they have professionals with a lot of experience in the field.’
Principaux clients
JX Nippon Mining And Metals Exploration Peru
Minera Hampton Peru
Nexa Resources Perú
Operadores Concentrados Peruanos
Pampa Camarones
ICM Pachapaqui
Compañía Minera Caravelí
Anglo American Quellaveco
Pan American Silver
Minsur
BHP Billiton World Exploration Inc (sucursal del Peru)
Compañía Minera Miski Mayo
Principaux dossiers
- Advised BHP on obtaining all the necessary permits to develop its mining exploration projects “Jatum Orcco”, “Huatana”, “Accopata”, “Corracorral” and “Qoya” located in the Peruvian highlands.
- Advised Miski Mayo on all issues related to mining permits required for the operation of the Bayovar Phosphate project, located in Sehura, Piura.
- Advised Compañía Minera Hampton on obtaining the necessary mining permits for the operation of its “Los Calatos” mining project.
Dentons Peru
Dentons Peru’s mining department advises clients on complex mergers, acquisitions, and project financing. Practice head Fernando Pickmann routinely handles M&A, permitting and financing matters, and in addition to having experience throughout the mining project life-cycle, has particular niche expertise working with start-ups in the sector. Fellow partner Mario Chirinos provides additional depth in terms of industry-specific transactional work and financings, and also handles listed and issues securities-related matters. The pair are supported by senior associate Andre Calmet who focuses on environmental regulation, permitting, and enforcement issues.
Responsables de la pratique:
Fernando Pickmann
Les références
‘The level of knowledge of Peruvian mining legislation makes Dentons the best option that I know of in the Peruvian market.’
‘Mario Chirinos is the partner handling my account and is supported by Carolina Cabada.’
Principaux clients
Aftermath Silver
Alphastream Capital Management
Anthony Mining Corp.
Arena Investors
Aruntani Mining Group.
Bear Creek Mining Corp.
BEPO
C3 Metals
Centaurus Holding
Candente Copper Corp.
Chakana Copper Corp.
Hochschild Mining
Latam Battery Metals
Metales Estratégicos
Maverix Metals
PPX Mining Corp.
Rio2 Limited
Rayo Minerals
Regulus Resources
Sandbox Royalties Corp.
Silver X Mining Corp.
Silver Mountain Resources
Triple Flag Precious Metals Corp.
Tinka Resources
Xali Gold Corp
Principaux dossiers
- Advised Alta Copper Corp’s Peruvian subsidiary (Cañariaco Copper Peru) on the necessary regulatory requirements for the approval of the Environmental Management Instrument applicable to a mining exploration project.
- Advised Regulus Resources on the negotiation, preparation, and revision of the agreements and documents related to a financing transaction between the client and Osisko Gold Royalties, including the preparation of the second amendment of the investment agreement, and the preparation of two additional royalty agreements and securities.
- Advised Bear Creek Mining Corp on the negotiation and commercial strategies related to the agreement with Equinox Gold Corp for the acquisition of the Mercedes gold mine in Mexico.
Estudio Echecopar member firm of Baker McKenzie International
Estudio Echecopar member firm of Baker McKenzie International houses a compact natural resources and environmental team which consistently guides clients through a comprehensive range of regulatory and transactional aspects in the mining industry. The team is actively involved in negotiating and drafting agreements, overseeing administrative proceedings to ensure compliance with mining obligations, and managing complex project finance and financing transactions for mining companies. Valentin Paniagua Jara heads a five strong practice, focusing on transactions in the mining and natural resources sector, including project finance, and company and asset acquisitions and sales. Following the departures of partners Ina María Drago and Cinthya Delgado in July and December 2023, respectively, key support is provided by senior associate Claudia Pacora (particularly as regards legal due diligence, agreement drafting, and corporate maintenance), and -on the environmental side- principal associate Nicole Freire.
Responsables de la pratique:
Valentín Paniagua Jara
Les références
‘They possess a deep understanding of the law and have a practical approach to implementing solutions.’
Principaux clients
Activos Mineros
Andina Trade
Anglo American Quellaveco
Banco Internacional del Peru
Boyles Bros. Diamantina
Cerro de Pasco Resources (subsidiaria del Peru)
Compania Minera Santa Luisa
Compañía Minera María Reyna
Compañía Minera Zafranal
Compañía Minera Agregados Calcáreos
Compañía Minera Santa Inés y Morococha
Compañía Minera Aurifera del Sur
Consorcio ROVELLA – INMAC
Fortescue Metals Group
Freepoint Metals & Concentrates
Geotec
Global Servicios Mineros
Marcobre
Metalor Technologies (Peru)
Minera Hampton Peru
Minera Aurífera Retamas
Nexa Resources Peru
Nyrstar Ancash
OCIM Precious Metals
Organismo Supervisor de la Inversión en Energía, Minería, Energía y Petróleo – OSINERGMIN
Organismo de Fisclización y Supervisión Ambiental – OEFA
Shougang Hierro Peru
Sierra Antapite
Sociedad Nacional de Minería, Energía y Petróleo
Thyssen Mining Construction of Canada
Traxys Peru
Volcan Compañía Minera
Weston Energy
Principaux dossiers
- Advised Minera Aurífera Retamas on matters related to informal/illegal mining during 2022 following the changes in mining regulations which promote these types of activities even within areas owned by formal mining companies.
- Advised Fortescue Metals Group on the development of a mining project in Peru, including in connection with Peruvian regulatory mining and corporate matters.
- Advised Compañía Minera Maria Reyna on all its mining, corporate and transactional matters, including in connection with an option agreement entered into with Hudbay Peru which granted the latter options to potentially acquire several mining concessions near Hudbay’s Constancia Mine.
Rebaza, Alcázar & De Las Casas
Rebaza, Alcázar & De Las Casas’ mining team continues to be engaged by a broad array of both local and international clients for complex mining and natural resources transactions and regulatory matters. Led by mining projects expert Luis Miguel Elias, the team has ample expertise in managing corporate strategies, investments, project financing and joint ventures, among other matters. Elias is supported by a trio of experienced senior associates: David Baracco, who routinely advises on mining and other natural resources projects; Fiorella Wismann, who focuses on developing legal strategies and defences in regulatory surveillance and sanctioning processes; and Josefina Arana, whose practice is centred on M&A in the sector, (metal) streaming transactions, and advising on the development of mining projects.
Responsables de la pratique:
Luis Miguel Elias
Les références
‘The dedication provided by Luis Miguel Elias and David Baracco has been fundamental in our relationship with the firm. Their availability and response time are commendable. The meeting of deadlines has been key to handling the negotiation in the scheduled time.’
‘David Baracco, beyond being a great professional, has the necessary soft skills to be able to internalise the needs of the business units, in such a way that he outlines solutions that are narrowed down to the commercial issues but at the same time covered by his legal experience, which provides a robust and above all sustainable position. I consider David to be a very valuable lawyer, who guarantees solutions with a reliable legal basis.’
‘The knowledge of the sector and the diligent identification of the risks inherent in the agreed procedure allowed us to conduct a controlled negotiation and achieve the final objective, being at all times aware of the importance of the concessions we were granting.’
Principaux clients
TripleFlag Mining
Doe Run Peru
Rivermet Resources
Precious Metals Concentrates
Volcan Compañía Minera
Hudbay Minerals
Nexa Resources
Glencore
Umicore
Atico Mining Corporation
BNP Paribas
Elevation Gold
Principaux dossiers
- Advised Glencore as majority shareholder in the publicly-traded company Volcan Compañía Minera, on the legal strategy and plan to segregate the non-mining assets from Volcan and restructure its multimillion-dollar debt.
- Advised BBVA Securities, Citibank, HSBC Bank USA, JPMorgan Chase Bank, Mizuho Bank, MUFG Bank, Banco Santander (Brasil), and The Bank of Nova Scotia (as lenders) on the multimillion-dollar sustainability-linked revolving credit facility granted to Nexa Resources.
- Advised Doe Run Peru on the restarting of mining operations at the Complejo Metalúrigico de La Oroya (CMLO), the largest metallurgic facility in Peru.
Rubio Leguía Normand
Rubio Leguía Normand's mining department stands as a trusted advisor to numerous local and international mining companies operating in Peru. The firm excels in providing comprehensive guidance across all facets of mining operations, from the development and acquisition of mining assets to addressing permitting and compliance challenges. Mining law expert Xennia Forno leads the practice, regularly advising clients on strategic planning, permit procurement, and various aspects related to the exploration, exploitation-beneficiation, and closure of mines. Complementing the leadership, younger partner Miguel Angel Soto's practice encompasses environmental regulation, energy and hydrocarbons, as well as the mining sector, where he is highly regarded for his proficiency handling the broad array of project matters, including corporate operations, agreement negotiation, permit management, and regulatory compliance. Diego Grisolle left the firm in March 2023.
Responsables de la pratique:
Xennia Forno
Les références
‘Rubio Leguía Normand’s partners have extensive knowledge of and experience in the market, which allows them to have answers and practical and innovative solutions for the various issues that are required of them.’
‘The mining team is led by Xennia Forno, who has extensive knowledge of the sector. Miguel Angel Soto’s advice is outstanding!’
‘They have an interdisciplinary team in the firm, which allows them to give support and backing to the various queries or requirements that we may have.’
Principaux clients
Abundia Minerals
Barrick Gold Corporation – Minera Barrick Peru
Anglo American Quellaveco / Anglo American Perú
Aluminum Corporation of China – Minera Chinalco Peru
Cerámica San Lorenzo
Compañía Minera Santa Luisa
Consorcio Minero Horizonte
Fortuna Silver Mines – Minera Bateas
Fresnillo Peru
Gold Fields
Hartree Metals
Jinzhao Mining Perú
Minera Boroo Misquichilca
Metalúrgica Business Perú
Minera Caraveli
Minera Las Bambas
Minera Peñoles de Perú
Minera Poderosa
Minera Waricocha
Mitsui Mining & Smelting
Newmont Mining Corporation – Minera Yanacocha / Newmont Perú
Nexa Resources
Operadores Concentrados Peruanos
Pucara Gold – Pucara Resources
Quimpac
Shougang Hierro Perú
Southern Peaks Mining – Minera Condestable
South32 Group Operation
Principaux dossiers
- Advised Minera Las Bambas on social matters regarding illegal mining activities and implemented a legal and social plan against illegal miners who have invaded the mining concessions of Las Bambas expansion area.
- Advised Minera Chinalco on mining matters for the development of the Toromocho Project expansion.
- Advised Banco de Credito del Peru and Banco Santander in connection with an agreement with Sierra Metals, holder of the Yauricocha mine, to refinance a loan upto an equivalent of $100m to develop mining projects in Peru and Mexico, as well as the granting of a new credit facility totalling $18.75m.
Cillóniz & Valencia Abogados
'A highly specialised boutique in mining, energy and environmental matters', the team at Cillóniz & Valencia Abogados is led by the seasoned Diego Cillóniz, praised by clients for his expertise in the mining and oil-and-gas sectors. Cillóniz provides comprehensive guidance to mining companies throughout all stages of their exploration and operational phases. The team, while maintaining a focus on the mining exploration industry, also handles various corporate, permitting, and contractual matters. A key figure in this space is fellow name partner Fernando Valencia Dibós, who provides a full range of advice regarding environmental and regulatory compliance, permitting, facility siting and corporate transactions; he also assists with the implementation of land acquisition and permitting strategies for high-value exploration projects. Jimena Noriega is the key name at associate level, with the team being further strenghened with the hire of Aritha Neyra from Rebaza, Alcázar & De Las Casas in September 2023.
Responsables de la pratique:
Diego Cillóniz
Les références
‘Diego Cillóniz has extensive experience in mining matters, both in property and mining concessions as well as in mining contracts such as streamings, royalties, options, etc. He is always available and has a great knowledge of the local industry.’
‘Technical quality and knowledge of the local mining industry.’
‘Diego Cillóniz is an efficient executive corporate lawyer to be retained.’
CMS Grau
CMS Grau has a long trajectory in mining matters but is currently rebuilding its capabilities following departures during the course of 2023. Despite this, the team advises a broad range of clients across the mining industry on a range of complex regulatory and transactional matters while also handling administrative disputes with entities such as OSINERGMIN, OEFA, and ANA. The team is jointly led by senior partner Miguel Grau, who has an unparalleled trajectory in the sector; managing partner Juan Carlos Escudero, an expert in M&A transactions, and María Cristina Alva, a January-2024 hire (formerly in-house at Hochschild) who brings additional expertise in corporate, mining and environmental law. The team also includes environmental practice head Vito Verna and administrative law specialist Ramon Huapaya; both have been particularly active of late. Huapaya and associate Oscar Alejos are the key names for regulatory matters.
Responsables de la pratique:
Miguel Grau; Juan Carlos Escudero; María Cristina Alva
Les références
‘María Cristina Alva has significant experience as an in-house lawyer in the national mining sector.’
‘María Cristina Alva is a skilled person with an enriched knowledge of the mining sector, her experience in the mining sector is an exceptional benefit compared to other mining areas that do not have the know-how from inside the mining company. She has an exceptional ability to find practical solutions.’
‘María Cristina Alva is a lawyer with a lot of experience in the mining sector.’
Principaux clients
Goldfields La Cima
Minera Las Bambas
Compañía de Minas Buenaventura
Minera Colquisiri
Compañia Minera Antamina
Apumayo
Nexa Resources Perú
Aruntani
Anabi
Compañía Minera Zafranal
Anglo American Quellaveco
Bear Creek Mining
Miski Mayo
Glencore
Depósitos Químicos Mineros
Principaux dossiers
- Assisted Compañía Minera Zafranal with an environmental legal compliance assessment.
- Advised Anglo-American Quellaveco on environmental and mining legal compliance assessments.
- Advised Compañia de Minas Buenaventura on the “Systematisation of Environmental Commitments”.
Cuatrecasas
Cuatrecasas has significantly enhanced the capabilities of its Lima-based mining team with the July-2023 appointment of specialist practitioner Ina Drago (from Estudio Echecopar member firm of Baker McKenzie International) as head of the firm’s natural resources and environmental practice. Drago advises clients on all stages of mining projects - including acquisition, development and operation - and is accustomed to acting for mining service providers, financial entities and private equity funds, as well as mining majors. The team provides comprehensive regulatory, administrative, and transactional advice, including advice on permitting, administrative and sanctioning procedures, and transactional counsel regarding M&A, service agreements, NSR royalties, and financings. Oscar Trelles heads the corporate, M&A and private equity practice at the firm and is a key component in the handling of complex cross-border and domestic M&A transactions in the mining sector. Key associate support is provided by Milagros Cacho, a September-2023 arrival from Rubio Leguía Normand.
Responsables de la pratique:
Ina Drago
Les références
‘Cuatrecasas Minería Perú, led by Ina Drago, is a very powerful firm and works hand in hand with the M&A team.’
‘They are very commercial and make deals go through. On the regulatory side they are also solid and make things happen.’
‘Ina María Drago leads the area and is an excellent mining lawyer. She is very good at regulatory and transactional matters. We recently managed to get a transaction through in 3 days.’
Principaux clients
Stracon
Sierra Sun Group
Cerro de Pasco Resources Inc.
Bulmint
Hudbay Perú
Volcan Compañía Minera
American Sierra Gold Corp.
Aesa Infraestructura y Minería
San Martin Contratistas Generales
Sociedad Minera La Heroica
Minsur
Principaux dossiers
- Advised Stracon on buying a stake in EGM Colombia, which is developing the San Ramon Mine in Colombia.
- Advised Cerro de Pasco Resources (and its Peruvian subsidiary) on day-to-day legal matters concerning mining, regulatory compliance, environmental matters, permit application, surface land management, corporate governance and transactional matters related to its Santander Mine in Peru.
- Day-to-day legal advice to Sierra Sun Group regarding mining, regulatory compliance and environmental matters, along with permit applications, surface land management issues, corporate governance, and tax matters related to its Antapite and Sumac Rumi mines.