Mining joint ventures are common in the mining industry and have been a valuable tool for the exploration and construction of many resource projects. A joint venture enhances the capabilities of all parts by combining financial and technical skill sets, sharing operational and financial risks, enabling the entrance in markets and distribution channels and reducing the mutual costs. At TSS-UNDERGROUND we are familiar with corporate joint ventures, strategic alliances, limited partnerships, unincorporated joint ventures and co-ownership arrangements.
Finding the right partner is crucial for the project’s success, because failure to do so will lead to unaccomplished business objectives, financial losses, bad reputation and legal disputes. We can assist you by searching and evaluating your potential partner’s objectives, ambitions, strengths and weaknesses. Also we can offer you assistance through the joint venture’s design and the negotiations phase in order to successfully mediate the differences and ensure that all parties to the agreement obtain mutual benefit. Keeping in mind that many joint ventures dissolve with damaging consequences for all parts, we can advise you about the ideal exit strategy that must be planned before the agreement. Finally, we can aid in the overall legal process and prepare all the relevant documentation that is needed for the formation of your joint venture.
