Welcome to the latest edition of the Mayer Brown Global Mining Update which focuses on some of the key legal issues and developments that have been affecting the Mining sector over recent months. Members of our Global Mining Team will be in Cape Town for both the Mining Indaba and the 121 Mining Investment Forum from 8 – 11 February 2016 and would be pleased to meet you and your team. Please contact Julia Carter to arrange a meeting. The Mining Law Review – United Kingdom - Law Business Research Bylined article by Corporate partner Kate Ball-Dodd (London) and senior associate Connor Cahalane (London), on international mining companies seeking to access the equity capital markets. African Mining Law Updates - Mining Journal Bylined article by Rachel Speight, on the new mining legislation in sub-Saharan Africa. Ethiopia still drawing a crowd - Mining Journal Bylined article by Ian Coles on the growing mining sector in Ethiopia. Walking the line: Conflict between State and Sponsor - Who’s Who Legal:Mining Bylined article by Ian Coles on how the steady fall of commodity prices is influencing the priorities of the State and Sponsor. London: The Principal Global Mining Finance Centre? - Mining Journal Bylined article by Ian Coles on London’s attractiveness as a global mining finance centre. China’s Current Involvement in Mining in Africa - Mining Journal special publication - 2016 Mining Indaba: A Preview Bylined article by Corporate partner Zhen Han (Beijing) discussing the attractiveness of Africa to Chinese investors. Changes of Mining Code in Africa - Mining Journal special publication – 2016 Mining Indaba: A Preview Bylined article by Ian Coles discussing the changing focus of African governments with respect to local Mining Codes. Arbitration in Africa - Mining Journal Bylined article by Construction partner Jonathan Hosie (London) on the various forms of arbitration in practice across Africa. Beneficiation Legislation - does it achieve the desired effect? - Mining Journal Bylined article by Rachel Speight on the trend for emerging economies to increase their revenue from the mining industry. . The Mining Legal Regime in Mozambique Corporate & Securities special counsel Paulo Rage (Rio de Janeiro (T&C)) discusses the new framework of the mining sector in Mozambique. Turkey - Mining Sector An overview of the current key legal issues and developments affecting the Mining sector in Turkey. Upcoming events • Mining Indaba: (Cape Town), 8-11 February 2016 • 121 Mining Investment: Cape Town, 8-9 February 2016. Mayer Brown are proud sponsors of the 2016 Forum. Ian Coles will be moderating the “Meet the lenders” panel discussion on Tuesday 9 February 2016 at 11:40 a.m. • PDAC Convention: 2016, Toronto, Canada, 6-9 March • Global Anti-Corruption & Compliance in Extractive Industries Conference: London, 28-29 April. Mayer Brown are proud sponsors of the 2016 Conference and will be participating in the Day 1, 16:00 Panel: Ensuring your organisation has a comprehensive and robust anti-corruption and compliance framework. If you have any feedback on this edition, or would like to see any specific topics in the next newsletter please contact Julia Carter on +44 20 3130 8305. Key Contacts Ian Coles Partner T: +44 20 3130 3205 E: icoles@mayerbrown.com Rachel Speight Partner T: +44 20 3130 3859 E: rspeight@mayerbrown.com Mayer Brown is a global legal services provider advising many of the world’s largest companies, including a significant portion of the Fortune 100, FTSE 100, DAX and Hang Seng Index companies and more than half of the world’s largest banks.

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The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek legal advice before taking any action with respect to the matters discussed herein. 0481con Mayer Brown is a global legal services provider comprising legal practices that are separate entities (the “Mayer Brown Practices”). The Mayer Brown Practices are: Mayer Brown LLP and Mayer Brown Europe-Brussels LLP, both limited liability partnerships established in Illinois USA; Mayer Brown International LLP, a limited liability partnership incorporated in England and Wales .