Shoshone Silver Mining Company
Edward E. Lehman, managing director of Lehman, Lee & Xu, is a member of the Board of Directors for Shoshone Silver/Gold Mining Company in Coeur d' Alene, Idaho USA (www.shoshonesilvergoldmining.com). Founded in 1969 as a silver exploration, development and production company, Shoshone maintains a diverse portfolio of silver and gold exploration properties in northern Idaho and across the western United States and Mexico. Shoshone has provided mining expertise and resources for this firm since 2006, and its President/Director Lex Smith has been a consultant and project development manager for the Firm in the United States for more than 14 years.
Our Mining Practice
When you need legal resources for a mining project in China or Mongolia, we have the experience.
China is recognized as one of the most rapidly developing countries in terms of exploration, development and finance. Mongolia is a region notably rich in terms of natural resources and a preferable destination for exploration and exploitation for players in the mining market. Our Firm has the resources and experience to meet the increasingly multi-jurisdictional and global nature of mining legal issues. We advise on legal projects throughout Asia on behalf of our Chinese, Mongolian and other international clients with world wide interests. Our lawyers, like our clients, possess an entrepreneurial spirit and put their ideas to work to create effective solutions.
Building on our established presence in Asia, Lehman, Lee & Xu has developed a leading international mining practice. Members of our Firm advise the world's leading mining groups as well as many junior and intermediate mining companies.
Lawyers from our Mining practice group provide comprehensive assistance to our clients, specializing in all aspects of a mining deal, including:
- environmental compliance;
- company establishment;
- project development and financing;
- public and private equity placements;
- initial public offerings;
- international tax planning;
- product sale agreements; and
Clean Development Mechanism projects
Coal mining is per definition a high polluting activity, representing a serious threat to the environment. As such, investment in greener and more efficient technologies for coal mining and coal consumption is highly encouraged by the Chinese Government.
With a death toll of 1.05 workers per every million tons of coal produced, a main concern for China is to improve working conditions through the development of new and safer technologies and to foster exploitation of methane from mine sites, a gas responsible for most of the major mining accidents in coal mines.
Because methane is one of the six greenhouse gases under the Kyoto Protocol, projects aimed at capturing methane from mines may qualify as Clean Development Mechanism (CDM) projects. Methane has a global warming potential 21 times higher than CO2. Therefore, CDM projects aimed at capturing methane from coal mines (coal bed methane, coal mine methane, ventilation air methane, abandoned mine methane, and virgin coal bed methane) represent a great source of Certified Emission Reductions (CERs).
Lehman, Lee & Xu’s professionals assist project developers and project owners with the development of CDM projects for coal mines, as well as foreign investors and CERs buyers to locate and enter in negotiations with Chinese counterparties. For more information, please visit the section of our Energy & Resources area of practice.