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Acquisition by Harmony Gold Australia from minority shareholders

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Acquisition by Harmony Gold Australia from minority shareholders

CDH advises Harmony Gold on USD1.25 billion acquisition of one of Australia's highest-grade copper mines.

23 Jun 2025 1 min read Featured work

CDH's Corporate & Commercial, Tax & Exchange Control, and the Banking, Finance & Projects practices are acting for Harmony Gold Mining Company in the recent transaction.whereby it, through its wholly owned Australian subsidiary Harmony Gold (Australia) Proprietary Limited, will acquire 100% of the securities in MAC Copper Limited, a Jersey registered company. 

MAC Copper Limited owns the CSA Copper Mine, one of the highest-grade copper mines in Australia.  The transaction will be implemented by way of a Jersey court-approved scheme of arrangement, subject to a limited number of conditions that must be fulfilled before completion.  The transaction will be funded with a USD1.25 billion bridge facility together with existing cash reserves.

 

THE TEAM BEHIND THE DEAL

Ian Hayes

Ian Hayes

Practice Head, Director

Corporate & Commercial Law

Emil Brincker

Emil Brincker

Practice Head, Director

Tax & Exchange Control

Deon Wilken

Deon Wilken

Director

Banking, Finance & Projects

Zipho Tile

Zipho Tile

Senior Associate

Banking, Finance & Projects

Louise Levick

Louise Levick

Associate

Banking, Finance & Projects

Keagan Hyslop

Keagan Hyslop

Associate

Corporate & Commercial Law

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