66 Wellington St W, Suite 5300, TD Bank Twr, Toronto, ON
Year called to bar: 2007 (ON)
Daye Kaba is a partner in the firm’s Global Metals & Mining and Energy Groups. His practice focuses on securities and commercial law in the natural resources sector. He is experienced in assisting clients navigate complex cultural, business, geopolitical, legal, and regulatory hurdles inherent in multijurisdictional projects. On the securities side, Daye is involved in advising on securities issuances, stock exchange listings, and M&A transactions. On the commercial side, he advises companies with respect to the acquisition of rights in the natural resources sector and the negotiation of commercial agreements (including earn-in, joint venture, royalty agreements, and mining conventions). Daye also has experience advising governments with respect to the drafting and updating of their mining legislation. He is a member of the World Association of Mining Lawyers (WAOML), Prospector and Developers Association of Canada (PDAC), New York State Bar Association, and the International Bar Association. Daye speaks fluent English, French, and Portuguese, and was called to the New York Bar in 2001 and the Ontario Bar in 2007.
On August 31, 2015, Zijin Mining Group Co., Ltd., one of China’s largest gold producers, completed the acquisition from Barrick Gold Corporation of a 50 per cent stake in Barrick (Niugini) Limited (the holder of a 95 per cent interest in the Porgera gold project in Papua New Guinea) for US$298 million in cash, through Gold Mountains (H.K.) International Mining Company Limited, its wholly owned subsidiary. The parties also entered into a shareholders agreement with respect to the newly formed joint venture and a separate strategic cooperation arrangement relating to future potential joint initiatives.
First Quantum Minerals Ltd. (“First Quantum” or the “Company”) and its wholly-owned subsidiary FQM (Akubra) Inc. (together, the “Offeror”) announced that, as of 5:00 p.m. EST on April 1, 2013, a total of 65,206,044 common shares of Inmet Mining Corporation (“Inmet”), representing 92.74 per cent of the outstanding Inmet shares (on a fully diluted basis), had been validly tendered to the Offeror's offer (the “Offer”) to acquire all of the outstanding shares of Inmet.