Norton Rose Fulbright has represented China’s Shandong Gold Mining (SDG) on a $960 million deal to buy 50 percent of an Argentinian gold mine owned by Barrick Gold, which was advised by Canada-based Davies Ward Phillips & Vineberg and Zhong Lun.

Offshore firm Appleby was also involved in the deal, serving as Barrick’s Cayman counsel. Meanwhile, Brons & Salas handled on matters related to Argentinian law for SDG. 

Barrick’s Veladero mine produced 544,000 ounces of gold last year and is one of the biggest gold mines in Argentina and the world.

As part of the deal, SDG could be a potential investor in Barrick’s undeveloped Pascua-Lama gold and silver mine, which straddles the border of Argentina and Chile, reported Reuters. 

Corporate partners Yi Wang in Beijing and David McIntyre in Toronto as well as competition partner Marc Waha in Hong Kong oversaw the transaction for Norton Rose.