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Michael Bourassa Toronto Lawyer

Michael J. Bourassa

Partner Fasken
Knowing how to manoeuver on international issues and working with local counsel is a fundamental part of our practice for exploration and mining projects.
Jurisdiction Ontario, 1986
Language(s) English
Office(s) Toronto
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Overview

Michael Bourassa’s practice is focused on the mining industry. A member of the firm's Global Mining Group, he acted as the group’s co-ordinator from 2004-2012. He is a highly regarded practitioner with extensive experience in mining projects both in Canada and internationally.

Michael provides guidance on public financings, commercial mining agreements, corporate social responsibility, and litigation support. He also has a deep understanding of international mining due diligence issues related to title, technical matters, and environmental risks.

Michael currently serves as President of the Foundation for Natural Resources and Energy Law (formerly known as the Rocky Mountain Mineral Law Foundation) since July 2024 and continues to sit on council for the International Bar Association’s (IBA) Section on Energy, Environment, Resources and Infrastructure Law. He previously served as the Co-Chair of the IBA’s Mining Law Committee and was a Director of the Prospectors and Developers Association of Canada (PDAC). Michael frequently speaks and writes on important trends in the mining industry.

Widely renowned for his mining sector knowledge, Michael has been ranked in several leading legal publications including Chambers Global, Chambers Canada and the Canadian Legal Lexpert Directory. He has also been named the Lexology Index (formerly Who's Who Legal) "Mining Lawyer of the Year" in 2010, 2011, 2012, 2014, 2017, 2023 and 2024, and been recognized in their International Who's Who of Mining Lawyers, for 13 consecutive years.

Achievements

  • Recognized nationwide as a Leading Individual in International Mining Operations, The Legal 500 Canada 2025 to 2026
  • Recognized in Mining, Lexpert 500 Cross Border Directory (formerly ALM 500) 2024 to 2026
  • Recognized nationwide in Canada as top tier (Band 1) in Mining (International & Cross-Border), Foreign Expert for Latin America-wide Spotlight, Chambers Global 2020 to 2026
  • Recognized in the Canadian Legal Lexpert Directory as Repeatedly Recommended in Corporate Mid-Market, Canadian Legal Lexpert Directory 2020 to 2026
  • Recognized nationwide as top tier (Senior Statesperson) in Energy & Natural Resources: Mining: Development and Operations, Chambers Canada 2020 to 2026
  • Recognized in the Canadian Legal Lexpert Directory as Most Frequently Recommended in Mining, Lexpert 2018 to 2026
  • Recognized in Mining Law in Toronto, The Best Lawyers in Canada 2017 to 2026
  • Recognized in Natural Resources Law in Toronto, The Best Lawyers in Canada 2006 to 2026
  • Recognized nationwide as a Notable Practitioner in Project Development and Project Finance; Mining, IFLR 1000 2018 to 2025
  • Recognized as Recommended and as a Global Elite Thought Leader in Mining, Lexology Index 2016 to 2025

Experience

  • Represented IAMGOLD in defending breach of oral contract claim, [Case - IAMGOLD Corporation], Mining company defends breach of oral contract claim
  • SCR-Sibelco NV announces strategic joint venture with Avalon Advanced Materials Inc., [Deal - SCR-Sibelco NV], Belgian based global material solution company completes a joint venture agreement to develop Ontario lithium mining operations.
  • SCR-Sibelco NV completes a C$13 million investment, [Deal - SCR-Sibelco NV], Belgian based global material solution company completes an investment financing.
  • Zijin Mining signs share purchase agreement with Freeport-McMoran to acquire remaining interest in the lower zone of the Timok copper and gold mine in Serbia for up to US$390 million, [Deal - Zijin Mining Group Co., Ltd.], On November 3, 2019, Zijin Mining Group Co., Ltd. ("Zijin") announced that it had entered into a Share Purchase Agreement and a Deferred Payment Agreement, with Freeport-McMoRan Inc. ("Freeport") to acquire Freeport's interest in the Lower Zone of the Timok copper-gold mine in Serbia and certain ...
  • HudBay Minerals Inc. Acquires Interest in Rosemont Copper Project JV, [Deal - Hudbay Minerals Inc.], On April 25, 2019, Hudbay Minerals Inc. (“Hudbay”) acquired United Copper & Moly LLC’s (“UCM”) 7.95% interest in the Rosemont copper project joint venture for upfront cash consideration of US$45 million, plus three annual installments of US$10 million and the assumption of approximately US$25 mil...
  • Gold Fields Acquires Joint Venture Interest in the Asanko Gold Mine for US$185 Million, [Deal - Gold Fields Limited], On July 31, 2018, Gold Fields Limited (“Gold Fields”) completed the acquisition of a 50% joint venture interest in Asanko Gold Inc.’s 90% interest in the Asanko Gold Mine and its associated properties in Ghana, West Africa for aggregate cash and deferred compensation of US$185 million. The procee...
  • Wuxi Baichuan Chemical Industrial acquires 10% of MetalsTech Limited, [Deal - Wuxi Baichuan Chemical Industrial Co. Ltd], Wuxi Baichuan Chemical Industrial Co. Ltd (“BCC”) enters into an agreement to acquire 10% of the issued and outstanding common shares of MetalsTech Limited (ASX: MTC). BCC is listed on the Shenzhen Stock Exchange (SHE: 002455) and specializes in the production of hi-tech fine chemicals. BCC has a...
  • IAMGOLD announces strategic agreement with Sumitomo Metal Mining for the development of Côté Gold, [Deal - IAMGOLD Corporation], Deal valued at C$195 million.
  • Zijin Mining acquires 49.5% of Ivanhoe’s Kamoa Copper Project Stake for a total aggregate consideration of US$412 million, [Deal - Zijin Mining Group], Originally announced on May 26, 2015, on December 8, 2015, Zijin Mining Group Co., Ltd. (Zijin) announced it had completed the acquisition of 49.5% of Kamoa Holding Limited, a wholly owned subsidiary of Ivanhoe Mines Ltd. (Ivanhoe), for a total aggregate consideration of US$412 million (approxima...

Career & Education

Education

  • LLB University of Saskatchewan
  • BSc (Hons), Physical Geography University of Saskatchewan

Memberships & Affiliations

  • President, Foundation for Natural Resources and Energy Law (formerly known as the Rocky Mountain Mineral Law Foundation)
  • Past-Chair, Ontario Bar Association, Natural Resources Section
  • Member, Canadian Institute of Mining, Metallurgy and Petroleum
  • Past Director, Prospectors and Developers Association of Canada
  • Co-Chair, Mining Committee, International Bar Association 
  • Former Director and Former Trustee, Rocky Mountain Mineral Law Foundation
  • Member, Canadian Bar Association
  • Member, Ontario Bar Association

Knowledge

  • Critical Minerals and Canada's Arctic Foreign Policy, 2/4/2025
  • Australia’s and Canada’s Critical Minerals Strategies: A Comparison Part 2, 12/13/2023
  • Australia’s and Canada’s Critical Minerals Strategies: A Comparison, 11/27/2023
  • The Manitoba Critical Minerals Strategy, 9/6/2023
  • The Role of Critical Minerals in the Energy Transition: A Canadian Perspective (Part 7), 12/14/2021
  • The Role of Critical Minerals in the Energy Transition: A Canadian Perspective (Part 6), 12/7/2021
  • The Role of Critical Minerals in the Energy Transition: A Canadian Perspective (Part 5), 11/30/2021
  • The Role of Critical Minerals in the Energy Transition: A Canadian Perspective (Part 4), 11/23/2021
  • The Role of Critical Minerals in the Energy Transition: A Canadian Perspective (Part 3), 11/16/2021
  • The Role of Critical Minerals in the Energy Transition: A Canadian Perspective (Part 2), 11/9/2021

Events

  • Fasken Webinar Series – Mining Issues in a Changing World, 10/6/2021
  • Update on South Africa: A Discussion with the Department of Mineral Resources and delegates from the Republic of South Africa, 3/6/2018
  • Foreign Corrupt Realities in the Extractive Industries: An Inside Look, 2/27/2015
  • An Update on South African Mining, Labour and Community Engagement Issues, 3/4/2014
  • Managing Mining Projects in a Dynamic and Risky World II - Recent developments in mining disputes, 3/4/2014
  • Manoeuvring the New Mining Act in Ontario, 6/19/2013
  • Manifold Destinies: Managing Mining Projects in a Dynamic and Risky World, 3/4/2013

News

  • Fasken will attend the 2026 IBA in Copenhagen, 4/13/2026
  • Fasken Welcomes the IBA to Toronto, 5/1/2025
  • Fasken Named Global Mining Law Firm of the Year for the 16th Time at the Lexology Index Awards, 11/8/2024
  • Fasken will attend the 2024 IBA in Mexico City, 6/13/2024
  • Fasken Named Global Mining Law Firm of the Year by Who’s Who Legal for the 15th Time, 11/10/2023
  • Fasken will Attend the 2023 IBA in Paris, 7/21/2023
  • Fasken Attends IBA 2022 in Miami, 7/21/2022
  • 59 Fasken Lawyers in 25 Practice Areas Recognized in the 2022 Chambers Global Guide, 2/17/2022
  • Lexpert® ALM 500 Directory 2022 Names 22 Fasken Lawyers, 1/6/2022
  • Five Fasken Partners Recognized in Who's Who Legal Thought Leaders: Global Elite 2022, 12/30/2021

Publications

  • Getting the Deal Through – Mining Practice Guide 2019, 3/7/2019
  • Getting The Deal Through - Mining 2016 - Canada, 7/4/2016
  • Managing Local and International Criminal Law Risk for Mining Companies, 3/7/2016
  • Getting Transparent in Canada: The Reasons Behind the Obligations, What they Entail and the Price of Failure, 2/5/2016
  • Global Overview, Getting the Deal Through – Mining 2015, 6/1/2015
  • Getting The Deal Through - Mining 2015 - Canada, 6/1/2015
  • Canadian Mining Law, 7/31/2014
  • Getting the Deal Through - Mining 2014 - Canada, 6/30/2014
  • Global Overview, Getting the Deal Through - Mining 2014, 6/30/2014
  • Global Overview, Getting the Deal Through – Mining 2013 - Canada, 7/1/2013
Article, Editor Getting the Deal Through – Mining Practice Guide 2019
Article Managing Local and International Criminal Law Risk for Mining Companies White Collar Post

Speaking Engagements

  • Elements of an Effective Civil Code Sale of Goods Contract, 9/23/2015
  • Governing Ethics and Sustainability for Companies, An Evolving Legal Regime, 4/16/2013
  • International Bar Association’s Model Mineral Development Agreement, 3/26/2013
  • Key Issues Facing Corporation in Extractive Industries, 2/8/2013
  • Canada-Southern Africa Chamber of Business' 8th Risk Mitigation & CSR Seminar, 10/16/2012
  • Mining in Brazil: Policy, Legal and Business Perspectives, 3/5/2012
  • Social Licence and Corporate Responsibility - What These Trends Will Mean in Latin America, 4/16/2007
  • Amendments to National Instrument 43-101 and Other Technical Disclosure Requirements, 3/15/2006
  • Corporate Social Responsibility in the Mining Industry, 3/6/2006
  • An Update on Legal Issues and Developments in the Mining Industry, 3/15/2004
Governing Ethics and Sustainability for Companies, An Evolving Legal Regime CCCA National Spring Conference location location Toronto
International Bar Association’s Model Mineral Development Agreement Osgoode Certificate in Mining Law, Osgoode Professional Development location location Toronto