Wheaton River Minerals Ltd. acquired Minas Luismin, S.A. de C.V. from Sanluis Corporacion, S.A. de C.V., a public Mexican company for US$75 million. Minas Luismin is the fourth-largest producer of gold and the third-largest producer of silver in Mexico. The acquisition closed on June 20, 2002.
Wheaton River was represented by Cassels Brock & Blackwell LLP, with a team led by Paul Stein and Brian Dominique, and including Erik Goldsilver, Ann Watterworth and Cheryl Silver. Mexican counsel to Wheaton River was Luis Monterrubio and Veronica Pena of Noriega y Escobedo in Mexico city.
Richard Miner and Robert Hansen of McCarthy Tétrault LLP and Nick Grabar and Carolyn Luxemburg of Cleary, Gottlieb, Steen & Hamilton in New York, represented Sanluis. Mexican counsel to Sanluis was Manuel Galicia, Rodrigo Cortina and Ricardo Schondube of Frank Galacia y Robles in Mexico City.