Skip to main content


  • AddRemove
  • Build a Report 
Media Coverage

Mayer Brown advises Wolf Minerals on £99.2 million equity fundraising for Hemerdon Tungsten-Tin Project

20 March 2014
London - Leading global law firm Mayer Brown has advised Wolf Minerals Limited on its equity fundraising to raise gross proceeds of approximately £99.2 million. The proceeds will be used to complete construction of the Hemerdon Tungsten and Tin mine and support the project through to positive cashflows.

On completion the project will be the first new metal mine in the UK in 45 years. Completion of the fundraising is conditional upon shareholder consent. Production at the Hemerdon project is expected to start in 2015 and will produce 3,450 tonnes of tungsten concentrate annually - equivalent to approximately 3.5 percent of global forecast demand.

The Hemerdon project won European Mining and Metals Deal of the Year at the Project Finance Deals of the Year Awards in 2013.

Rob Hamill, Corporate & Securities partner at Mayer Brown, said: "This is an important step in the project, one which will help create one of the world’s most significant tungsten concentrate producers when the mine opens next year.”

The Mayer Brown team included Corporate & Securities partner Rob Hamill and associate Simon Allison and Banking & Finance partner Robert Flanigan.

In 2013, Banking & Finance partner Ian Coles and senior associate Danuta Rychlicka advised Wolf Minerals on the project financing in relation to the Hemerdon project.

Media Contact

  • Helen Obi
    Senior Corporate Communications & PR Manager
    T +44 20 3130 8527
  • Surinder Sian
    PR Executive
    T +44 20 3130 8120

Related Information

  • Related People
    Robert Hamill
    T +44 20 3130 3558
    Simon Allison
    T +44 20 3130 3736
    Robert M. Flanigan
    T +44 20 3130 3488

The Build a Report feature requires the use of cookies to function properly.  Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently.  If you do not accept cookies, this function will not work.  For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.