Payet, Rey, Cauvi, Pérez Abogados advised Boroo Pte Limited in the sale agreement of the Lagunas Norte mine in Peru, owned by Barrick Gold Corporation. The transaction is subject to closing conditions.
Boroo is a privately-held investment holding company principally engaged in operating, developing and acquiring gold properties globally. Boroo owns and operates various production-stage and development-stage assets in Central Asia.
“We are very excited about this transaction as it has opened the door for a new world class mining player like Boroo. There is still a lot of work to be done until closing of the transaction, but signing of the share purchase agreement is certainly a very big step. This transaction also shows that Peru is a first class destination for mining investment.” commented Partner José Cúneo.
The PRCP team involved in the transaction included José Cúneo (Partner), Vanessa Watanabe (Partner), Ángel Chávez (Counsel), Alejandro Fuller (Associate), and Shirley Quino (Associate).
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