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‘Major’ mining acquisition complete
Maddocks has advised on what’s being dubbed a major mining deal between two parties, in a transaction over $13 million.
Emma Musgrave
Firms: Maddocks (Consolidated Mining & Civil Pty Ltd); Arion Legal (Havilah Resources Limited)
Value: $13.5 million
Area: M&A
Key players: The Maddocks legal team was led by partner Julian Smith and included senior associates Libby Buchanan and Andrew Wright, associate Melissa Ramov and lawyer Maddison Hardiman.
The Arion Legal team was led by director Mark Stewart.
Deal significance: “The purchase, which was completed last week, means CMC owns the North Portia Copper-Gold Project in north-east South Australia. CMC had previously been engaged in a revenue sharing arrangement for the development of the Portia Gold mine,” a statement from Maddocks said.
“The next phase for the mine is the development of a second pit — North Portia — which has copper, gold and cobalt reserves, with a substantial Joint Ore Reserves Committee resource.”
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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