Mining
The volatile market conditions, which held
back significant investment in this sector during 2009,
continue. Signs of recovery are, however,
appearing. Commodity prices continue to fluctuate.
Growth and production rates in developing economies remain key
drivers of global demand. Fuel source diversification for the
energy industry continues to develop. These trends present our
clients with challenges and opportunities. Capital is
key. Some will struggle to finance projects and work programs
at realistic pricing. Others are building up cash
reserves. Consolidation is on the rise and hostile bids have
again become a feature. In-country political risk continues to
impact long-term investment decisions in certain regions of the
world. The need for developed infrastructure continues to
ensure that physical access to the world’s markets is achieved.
SNR Denton continue to focus on transactions
in all aspects of the resources sector, including in particular
M&A, project and trade finance, hedging, commodity trading and
equity financings in Europe, Russia and Central Asia, the Middle
East and Africa. The recent testing market conditions have
also enabled us to demonstrate our expertise in assisting our
banking and corporate clients on debt and equity restructurings,
joint ventures, work-outs and commercial disputes.
Areas of
Focus:
- Project finance
- Corporate lending
- Trade and structured commodity finance
- Debt and equity restructuring
- Corporate finance
- Corporate joint ventures
- Commercial dispute
resolutions