Lawrence Graham lands Archipelago

Gold mining company Archipelago Resources has taken a shine to Lawrence Graham after instructing the firm for the first time on its recent admission to AIM.

The firm won the work after Colin Loosemore, formerly the director of gold exploration company Brancote Holdings, took over as chief executive of Archipelago.

Brancote is also a client of Lawrence Graham, which acted on its £160m takeover by Meridian Gold in 2002. The Brancote nugget came via partner Michael Arnott at Australian firm Deacons.

Gold is becoming a lucrative sector for Lawrence Graham. “It’s an area in which we’re actively seeking to grow using our sector expertise,” said corporate partner Tim Casben, who led on the deal.

The firm also advised HPD Exploration on its admission to AIM earlier this year.

Archipelago, with a market capitalisation post-admission of £11m, has mining interests in Northern Sulawesi and Indonesia, including the Toka Tindung gold project.