Fortun Narvasa & Salazar was recently included in the 2018 Philippines Law Firm Awards by the Asia Business Law Journal as one of the top four Firms for Energy, Projects and Infrastructure.
The Journal stated that “Fortun Narvasa & Salazar (FNS), which is celebrating 25 years in business, is widely acknowledged for its expertise in the mining and energy sectors. It has an impressive roster of global and domestic clients, across practice areas.”
It quoted Ian R Holzberger executive chairman of Metals Exploration, Plc of London, when he recommends FNS “unreservedly” as a top law firm in the energy, projects and infrastructure space. Metals Exploration, Plc operates the Runruno Gold Project in Nueva Vizcaya under a Financial or Technical Assistance Agreement (FTAA). FNS has assisted them from the time of its obtainment of the FTAA, through the exploration stage, development and construction stage and presently, in the operation stage through its local subsidiary, FCF Minerals Corporation.
Another client of the Firm, Norman Tiongson, counsel at Philippine Gold Processing and Resources Corporation (PGPRC) was also cited as having this to say about FNS – “The firm not only understands the law but the business of mining as well, which enables it to provide practical legal advice.” PGPRC is a subsidiary of B2Gold Corporation of Canada which, along with Filminera Resources Corporation, operates the Masbate Gold Project under a Mineral Production Sharing Agreement (MPSA). FNS assists PGPRC in its permitting requirements, corporate work as well as financing and other security arrangements.
The Firm acts as counsel and advisor to foreign and Filipino mining companies involved in all aspects of mining from exploration, project financing, construction, development and processing. It handles joint venture agreements, royalty and option agreements, government permit approvals, due diligence, mining litigation and alternative dispute resolution, environmental matters, indigenous peoples consent and agreements; construction contracts, indigenous peoples’ issues, and project financing agreements. FNS helps the mining companies navigate through the challenges of the Philippine mining regulations and policy system.
Among its notable clients are Elements ASA (Intex), Red V, Sibuyan Nickel, Techiron Resources, and SEMCO Exploration and Mining Corporation which companies are into any of gold, nickel and copper exploration and mining projects.
Senior Partner Dicky Salazar and Partner Karl Castillo handle the Energy, Projects and Infrastructure practice areas of the Firm. Dicky may be reached at [email protected]. Karl’s email is [email protected]