Mergers & acquisitions

Three law firms were involved in the announced $3 billion merger of two Canadian gold mining companies. Under the terms of the deal Iamgold will buy Cambior to create a new company that will produce more than one million ounces of gold per year. Stikeman Elliott advised Iamgold on the deal, while Dorsey & Whitney and McCarthy Tétrault acted for Cambior.

A group of Canadian and US law firms was brought in to advise on the $21.3 billion merger of Goldcorp and Glamis Gold, the latest consolidation within the North American gold production industry. Under the terms of the deal, Vancouver-based Goldcorp will buy Nevada-based Glamis for a reported $8.6 billion. Cassels Brock & Blackwell and Dorsey & Whitney were outside counsel to Goldcorp, with Osler Hoskin & Harcourt, Lang Michener and Neal Gerber & Eisenberg acting for Glamis. The deal is a change of tack for...