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Dhilmar Acquires Éléonore Mine From Newmont for $795 Million
- Client News
- February 28, 2025
Paul, Weiss advised Dhilmar Ltd. in its all-cash $795 million acquisition of the Éléonore gold mine in Northern Québec from Newmont Corporation, the world’s leading gold company. In connection with the acquisition, Paul, Weiss also advised Dhilmar on its $825 million credit facility with Bangkok Bank. Dhilmar is a UK-based private mining company led by Alexander Ramlie, chief executive officer of PT Amman Mineral Internasional Tbk.
The Paul, Weiss team was led by corporate partners Adam Givertz, Kanesh Balasubramaniam and David Tarr and includes partners Stan Richards, Will Aitken-Davies, Christopher Sullivan and Adam Longenbach and counsel Anya Richter Hodes and Nathan Mitchell; tax partners Scott Sontag and Timothy Lowe and counsel Jamie Chambers and Samir Kurani; litigation partners Harris Fischman and John Carlin and counsel Audrey Paquet; executive compensation partner Rebecca Coccaro; intellectual property partner Jonathan Ashtor and counsel Matthew Rosenberg; real estate partner Salvatore Gogliormella; antitrust partners Annie Herdman, Yuni Sobel and Marta Kelly; and environmental counsel William O’Brien.