Ensured the extension of a licence to use subsoil resources at a field in Kamchatka

The practice’s team devised a strategy to have a subsoil licence extended for the Russian branch of a Swiss company engaged in the extraction of nickel, cobalt and copper at a nickel field in Kamchatka. The fact that the field was a promising one and that additional measures were to be undertaken to develop it determined the need for detailed advice to be provided and for various options to be devised of a strategy for how the existing licence could have been modified.

Our team is providing full-fledged legal support under this project. It requires not only an in-depth knowledge of the industry but also a precise understanding of licensing practices (the position of the Ministry of Natural Resources on various licensing issues and so on). Otherwise, the help of your adviser may be reduced to a merely theoretical clarification of legal provisions rather than to solving the task the client has raised.

This project was of the utmost importance for the client because it was connected with the validity of licences which had been issued. Our lawyers had to solve a number of complicated and ambiguous from the perspective of subsoil legislation issues to devise the best strategy. The conclusions that were proposed helped the client to retain its asset in Kamchatka.