Los Andes Copper Ltd. (TSXV:LA)

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LOS ANDES COPPER LTD. ANNOUNCES COMPLETION OF NSR ROYALTY AGREEMENT WITH RESOURCE CAPITAL FUND

Vancouver, BC – January 27, 2020- Los Andes Copper Ltd. (TSX-V: LA) (“Los Andes”, or the “Company”) is pleased to announce that it has entered into a net smelter return (“NSR”) financing agreement with Resource Capital Fund VI L.P (“RCF”) pursuant to which the Company will receive US$8 million (approximately CDN$10,500,000) from RCF, as consideration for payments corresponding to a production royalty (“Royalty”) from the sale of all locatable minerals produced from the San Jose 1/3000 exploitation concession (the “San Jose Concession”) that forms part of the Company’s Vizcachitas Project in Chile (“the “Project”). Los Andes Copper Ltd. is listed on the TSX-V under the ticker: LA.

 

The Royalty represents 0.98% NSR for open pit operations and 0.49% NSR for underground operations. Following this transaction, the overall NSR level for the San Jose Concession and for the other concessions covering the mineral resources of the Project is 2.00% for the open pit operations and 1.00% for the underground operations. The economic model presented in the Company’s Preliminary Economic Assessment (“PEA”) dated June 13, 2019 already includes an NSR level of 2.00% for the open pit operations and 1.00% for the underground operations for all mineral resources.

 

Highlights:

• NSR financing for US$8 million from RCF
o US$1.5 million has been paid by RCF on closing and registration of documents in Chile
o The remaining US$6.5 million is scheduled to be paid in four equal quarterly installments, the first of which is due on March 31, 2020
• The financing will be primarily used to fund a Prefeasibility Study (“PFS”) for the Project and to prepare a baseline for the environmental approval package

 

Fernando Porcile, Executive Chairman, commented:

 

“I am delighted to announce the completion of this NSR royalty agreement which highlights the continued support from RCF to the Vizcachitas Project, and strongly positions the Company to continue successfully developing the Project.

 

Following the completion of the Project’s updated PEA, released in June 2019, the proceeds from this NSR will be used to advance work on the PFS, which has already commenced and is progressing well.

 

Marine Building Suite 1260 – 355 Burrard Street, Vancouver, BC V6C 2G8 Canada Phone: +1-604-681-2802 Fax: +1-604-682-2802 www.losandescopper.com

 

Further drilling programmes are also expected as part of the PFS and to explore prospective areas immediately surrounding the current mineralization. We are processing the environmental permits for this drilling. “I look forward to keeping the market updated with further progress.”

 

For more information please contact:
Fernando Porcile – Chairman
Tel: +56 2 2954-0450
Antony J. Amberg, CEO – Chief Geologist
Tel: +56 2 2954-0450

 

E-Mail: [email protected]
or visit our website at: www.losandescopper.com

 

Los Andes Copper Ltd. is a Canadian company focused on developing the Vizcachitas copper-molybdenum porphyry project in Chile.

 

The company owns 100% of the Vizcachitas project, one of the largest advanced copper deposits in the Americas. Vizcachitas is to become Chile’s next major copper mine. The project is a copper-molybdenum porphyry deposit, located 150 km north of Santiago, in an area of very good infrastructure.

 

The Project is currently undertaking a pre-feasibility study.

 

Certain of the information and statements contained herein that are not historical facts, constitute “forward-looking information” within the meaning of the Securities Act (British Columbia), Securities Act (Ontario) and the Securities Act (Alberta) (“Forward-Looking Information”). Forward-Looking Information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend”; statements that an event or result is “due” on or “may”, “will”, “should”, “could”, or might” occur or be achieved; and, other similar expressions. More specifically, Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such Forward-Looking Information; including, without limitation, the achievement and maintenance of planned production rates, the evolving legal and political policies of Chile, the volatility in the Chilean economy, military unrest or terrorist actions, metal and energy price fluctuations, favourable governmental relations, the availability of financing for activities when required and on acceptable terms, the estimation of mineral resources and reserves, current and future environmental and regulatory requirements, the availability and timely receipt of permits, approvals and licenses, industrial or environmental accidents, equipment breakdowns, availability of and competition for future acquisition opportunities, availability and cost of insurance, labour disputes, land claims, the inherent uncertainty of production and cost estimates, currency fluctuations, expectations and beliefs of management and other risks and uncertainties, including those described in Management’s Discussion and Analysis in the Company’s financial statements. Such Forward-Looking Information is based upon the Company’s assumptions regarding global and Chilean economic, political and market conditions and the price of metals and energy, and the Company’s production. Among the factors that have a direct bearing on the Company’s future results of operations and financial conditions are changes in project parameters as plans continue to be refined, a change in government policies, competition, currency fluctuations and restrictions and technological changes, among other things. Should one or more of any of the aforementioned risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any conclusions, forecasts or projections described in the Forward-Looking Information. Accordingly, readers are advised not to place undue reliance on Forward-Looking Information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise Forward-Looking Information, whether as a result of new information, future events or otherwise.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Source: Los Andes Copper Ltd.

Los Andes Copper Ltd. Announces Restructuring of Management Team

Vancouver, BC – June 21, 2019 – Los Andes Copper Ltd. (TSXV: LA) (“Los Andes”, or the “Company”) is pleased to announce the reinforced management team which will be responsible for leading the development phase of the Vizcachitas Project (the “Project”). The Company’s Executive Chairman, Mr. Fernando Porcile, has assembled a highly experienced team to successfully deliver the future milestones required to progress the Project towards construction and, subsequently, production.

 

The senior management team consists of:

Fernando Porcile – Executive Chairman

Manuel Matta – Director of the Vizcachitas Project

Antony Amberg – Chief Geologist

Jose Tomas Letelier – Director of Corporate Affairs and Sustainability

Mr. Antony Amberg will continue to perform functions as CEO.

 

Fernando Porcile, Executive Chairman, commented:

“With the successful delivery of the updated Preliminary Economic Assessment that has further validated the scale and value of the Project, the management team is focused on progressing Vizcachitas to a PFS level and preparing the permitting packages for the Project. We believe the team that we have in place holds all the aspects required, and the track record, to achieve our goals of advancing the Project into production.

 

“The extensive knowledge of the industry that Manuel brings, as well as his experience in all phases of design, development, construction and commissioning of large scale mining projects, will be invaluable as we complete the PFS and progress towards construction.

 

“Jose’s experience in corporate, government and community affairs, will prove key to Los Andes, especially as we bring together the social and environmental aspects of the Project with the technical and economic considerations for successful development. Jose has a track record in securing the social license for other mining operations throughout the region.

 

“Antony’s years as an accomplished geologist, especially his comprehensive knowledge of Andean porphyry formations will be important throughout the PFS stage as well as in proving up the remainder of the district controlled by Los Andes.

 

“I look forward to working closely with this highly proficient team and delivering the successful progression of the Vizcachitas Project.”

 

Mr. Manuel Matta

Mr. Matta is a Mining Engineer from the University of Chile, with over 30 years of varied mining industry experience, in operations, planning and projects.

 

Mr. Matta joined Rio Algom in the mid 1990s, where he worked with Fernando Porcile through all the development phases of the Spence copper project; from exploration to conceptual engineering, pre-feasibility and feasibility. During this period, he also assisted Mr. Porcile’s team in optimizing the throughput of the recently commissioned Cerro Colorado copper mine.

 

Later on, during Fernando Porcile’s tenure as President of the Falconbridge Copper Business Unit, Mr. Matta joined Falconbridge as Vice President of Projects and Copper Development, responsible for advancing the company’s portfolio of projects, optimizing operations and supporting the project acquisition teams. In this position, Mr. Matta was responsible for the conceptual design and pre-feasibility of the expansion of the Lomas Bayas copper mine (also known as Lomas II or Fortuna de Cobre). He was also responsible for the Pre-Feasibility and early development work of the El Morro copper-gold project.

 

He was then appointed General Manager at Altonorte, the smelter owned by Falconbridge in Chile. Here he directed the capacity optimization (stretch) of the smelter to become the fifth largest in the world (at the time). He also led the construction of a molybdenum trioxide roaster, and an upgrade of the environmental restoration program.

 

From Altonorte, he transferred to the Collahuasi copper mine as COO, during the commissioning of the Rosario deposit (first expansion deposit). He was later responsible for the increase in processing throughput from 95,000 ktpd to 130,000 ktpd. Subsequently he led the development work for the third stage in Collahuasi’s expansion.

 

From Collahuasi, Mr. Matta was retained by Las Cenizas, a mid-tier copper producer, where he restructured the company’s operations, acquiring new assets, building an SX-EW plant and developing a new mine pit and a paste tailings deposit.

 

After completing the restructuring of Las Cenizas, Mr. Matta worked for Barrick Gold for a year as Vice President of Project Construction.

 

Before joining Los Andes, he had been working in management consultancy, focusing on M&A, asset optimisation, due diligence for major projects worldwide and the development of concentrate treatment technology.

 

Mr. Antony Amberg

Mr. Amberg joined Los Andes Copper in 2012 as Chief Geologist and in May 2015 he was appointed as President and CEO. Mr. Amberg is a Qualified Person under NI 43-101.

 

Mr. Amberg is a geologist graduate from the Royal School of Mines, London with an MSc. from University College London and is also a Chartered Geologist with the Geological Society of London. He has over 30 years of diverse experience having worked in Asia, Africa and South America for both multinational and junior companies.

 

Mr. Amberg began his career working with Anglo American in South Africa before moving on to an exploration position with Severin-Southern Sphere. Mr. Amberg then moved to Chile where he first worked with Bema Gold on the Refugio project before taking up a position in with Rio Tinto. At Rio Tinto he was involved in exploration programmes in the Atacama and Magallanes Regions and managed the Barreal Seco (now part of Las Cenizas) exploration programme.

 

In 1996 Mr. Amberg joined Kazakhstan Minerals Corporation in Kazakhstan, setting up and managing offices for the drilling and resource estimation for JORC compliant feasibility studies on three large projects that are now operating mines. He became General Director for two joint ventures in KazMinCo where he managed all technical and local issues.

 

In 2001 he returned to Chile where he started a geological consulting firm specialising in project evaluation and NI 43-101 technical reports. Mr. Amberg’s clients included Rio Tinto, Barrick, Codelco, Anglo American, Pan Pacific Copper and various junior mining companies.

 

Mr. Jose Tomas Letelier

Mr. Letelier has almost 20 years of experience in the mining industry, primarily working in corporate affairs, sustainability and community relations focused on Latin America.

 

Mr. Letelier was Vice President of External Affairs for South America for Kinross Gold from 2008 to 2018, Vice President of Government Affairs for South America for Barrick from 2006 to 2008 and Vice President of Corporate Affairs and Sustainability for the Americas for Placer Dome from 2002 to 2006. In these roles, Mr. Letelier had responsibilities in countries including Chile, Colombia, Brazil, Dominican Republic, Ecuador, Peru and USA.

 

During his tenure at Placer Dome and then Barrick, Mr. Letelier negotiated the agreements with the Government of the Dominican Republic for the Pueblo Viejo gold project. These agreements were later approved by vast majority by the country’s Congress. On the community side, he led a programme to gain the community’s approval, facing several challenges including the relocation of local population from the project site.

 

At Kinross, Mr. Letelier led the social aspects of the permitting process for the Phase Seven expansion of the La Coipa gold mine in Chile. This process included negotiations with several indigenous communities where a voluntary participation process was conducted ahead of the filing of the permit applications. This process resulted in formal agreements with each of the seven indigenous communities involved, paving the road for an expeditious approval of the environmental permits.

 

Earlier in his career, Mr. Letelier worked at the Chilean Ministry of Foreign Affairs for almost 30 years, where he served postings in a number of countries around the world. His last diplomatic posting was as Ambassador of Chile to Canada (1997-2000). Mr. Letelier also worked in the Santiago Head Office of the Chilean Ministry of Foreign Affairs where he worked with various ministers. He represented Chile in several matters including, APEC, the America’s Business Forum, negotiations of the area of free trade of the Americas and Binational Commissions.

 

Mr. Letelier graduated from Law School, University of Chile and has a Masters in International Public Policy from the School of Advanced International Studies, Johns Hopkins University, Washington DC.

 

For more information please contact:

Antony J. Amberg, CEO – Chief Geologist
Tel: +56 2 2954-0450

Aurora Davidson, CFO
Tel: 604-697-6207

 

E-Mail: [email protected] or visit our website at: www.losandescopper.com

 

Los Andes Copper Ltd. is a Canadian company focused on the development of the Vizcachitas Project in Chile. Vizcachitas is one of the largest, advanced copper projects in the Americas held by a major mining company.

 

Los Andes Copper Ltd. is listed on the TSX-V under the ticker: LA.

 

Certain of the information and statements contained herein that are not historical facts, constitute “forward-looking information” within the meaning of the Securities Act (British Columbia), Securities Act (Ontario) and the Securities Act (Alberta) (“Forward-Looking Information”). Forward-Looking Information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend”; statements that an event or result is “due” on or “may”, “will”, “should”, “could”, or might” occur or be achieved; and, other similar expressions. More specifically, Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such Forward-Looking Information; including, without limitation, the achievement and maintenance of planned production rates, the evolving legal and political policies of Chile, the volatility in the Chilean economy, military unrest or terrorist actions, metal and energy price fluctuations, favourable governmental relations, the availability of financing for activities when required and on acceptable terms, the estimation of mineral resources and reserves, current and future environmental and regulatory requirements, the availability and timely receipt of permits, approvals and licenses, industrial or environmental accidents, equipment breakdowns, availability of and competition for future acquisition opportunities, availability and cost of insurance, labour disputes, land claims, the inherent uncertainty of production and cost estimates, currency fluctuations, expectations and beliefs of management and other risks and uncertainties, including those described in Management’s Discussion and Analysis in the Company’s financial statements. Such Forward-Looking Information is based upon the Company’s assumptions regarding global and Chilean economic, political and market conditions and the price of metals and energy, and the Company’s production. Among the factors that have a direct bearing on the Company’s future results of operations and financial conditions are changes in project parameters as plans continue to be refined, a change in government policies, competition, currency fluctuations and restrictions and technological changes, among other things. Should one or more of any of the aforementioned risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any conclusions, forecasts or projections described in the Forward-Looking Information. Accordingly, readers are advised not to place undue reliance on Forward-Looking Information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise Forward-Looking Information, whether as a result of new information, future events or otherwise.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Source:  Los Andes Copper Ltd.

About Los Andes Copper


Los Andes Copper Ltd. is a Canadian company focused on developing the Vizcachitas copper-molybdenum porphyry project in Chile.

 

The company owns 100% of the Vizcachitas project, one of the largest advanced copper deposits in the Americas. Vizcachitas is to become Chile’s next major copper mine. The project is a copper-molybdenum porphyry deposit, located 150 km north of Santiago, in an area of very good infrastructure.

 

The Project is currently undertaking a pre-feasibility study.  Los Andes Copper Ltd. is listed on the TSX-V under the ticker: LA.

 

VIZCACHITAS OVERVIEW

 

Vizcachitas is a copper-molybdenum porphyry deposit in central Chile currently undertaking a pre-feasibility study.

 

Los Andes Copper Ltd. owns 100% of the Vizcachitas project, one of the largest advanced copper deposits in the Americas.

 

Highlights

 

  • Copper, molybdenum and silver porphyry.
  • Positive PEA published in June 2019[1].
  • Currently working on pre-feasibility study.
  • For the selected PEA case of 110,000 tpd process capacity
    • After-Tax NPV8% of US$ 1.8 billion and IRR of 20.77% at US$ 3.00/lb Copper
    • Payback period of 3.4 years from initial operations; 5.4 years from initial construction
    • 45 year mine life
    • 0.53% CuEq  average headgrade to mill over first 5 years of operation
    • C1 Cash Cost (net of by-product credits) of US$ 1.36/lb for first 8 years of operation; US$ 1.58/lb for LOM
  • Measured & Indicated Resource of 1,284 million tonnes at a copper grade of 0.40% and a copper equivalent grade of 0.45% (0.25% copper cut-off) with
    • 11.2 billion pounds of copper
    • 400 million pounds of molybdenum
    • 43.4 million ounces of silver
  • Metallurgical test work has indicated high recoveries of clean copper concentrate
  • No off-take encumbrances
  • PFS to be completed in Q4 2020
  • Production expected Year End 2024
  • Good local and regional infrastructure
  • Active social program working with local communities

Qualified Person Statement

 

Los Andes Copper activities are under the supervision of Mr. Amberg, CGeol FGS, Chief Operating Officer of Los Andes Copper Ltd. Mr. Amberg is a “qualified person” as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). Mr. Amberg has approved the technical information in this presentation. For additional information regarding the Vizcachitas Project, see the technical report titled “Preliminary Economic Assessment of the Vizcachitas Project.”, with an effective date of May 10, 2019 prepared by Tetra Tech Chile S.A. (the “2019 PEA”), a copy of which is available on SEDAR at www.sedar.com under “Los Andes Copper Ltd.”

 

1 Note: The Preliminary Economic Assessment is considered preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the Preliminary Economic Assessment will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

 

MANAGEMENT

 

Fernando Porcile

FERNANDO PORCILE

Executive Chairman

 

Mr. Porcile is a Mining Engineer for the University of Chile andholds a Masters of Science in Mineral Engineering from Columbia University, New York and has over 50 years of experience in the mining business.

 

Mr. Porcile has been responsible for the development, implementation, commissioning and operation of several new mining projects as well as managing various world-class mining operations.

 

During the period 2010-2014, he was Director of the Codelco Board and lately has been consultant for mining companies with developments of copper, iron and gold projects. Mr. Porcile was President of Compañía Doña Inés de Collahuasi in the period 2007-2009; he was also President of the Falconbridge Copper Business Unit for five years. During his presidency Falconbridge was developing projects that included El Morro, Pachón and the expansion of Collahuasi.

 

Prior to these responsibilities he was Vice President Project Development for BHP Billiton’s Base Metals Division and before that President of Compañía Minera Cerro Colorado of Rio Algom. Mr. Porcile joined Rio Algom as Vice-President of Operations of Cerro Colorado in 1991 and later was promoted to Rio Algom Vice President of Engineering and Development, participating in the development of the Antamina and Spence projects.

 

From 1989 to 1991, he was Operations Manager of Soquimich, responsible for the operations to produce nitrate and iodine in Chile’s Region of Antofagasta.

 

 

Antony Amberg

ANTONY AMBERG

CEO – Chief Geologist

 

Mr. Amberg is a geologist who is a graduate of the Royal School of Mines, London, has an MSc. from University College London and is also a Chartered Geologist with the Geological Society of London.

 

Mr. Amberg has over 30 years of diverse experience having worked in Asia, Africa and South America for both multinational and junior companies. He began his career in 1986 working with Anglo American in South Africa before moving on to an exploration position with Severin-Southern Sphere.

 

In 1990, Mr. Amberg moved to Chile where he first worked with Bema Gold on the Refugio project before taking up a position with Rio Tinto. At Rio Tinto he was involved in exploration programs in the Magallanes region and managed projects in the in the Atacama.

 

In 1996 he joined Kazakhstan Minerals Corporation in Kazakhstan setting up and managing offices for the drilling and resource estimation for JORC compliant feasibility studies on three large projects that are now operating mines. He became General Director for two joint ventures in KazMinCo where he managed all technical and local issues.

 

In 2001 he returned to Chile where he started a geological consulting firm specialising in project evaluation and NI 43-101 technical reports. Mr. Amberg’s clients included Rio Tinto, Barrick, Codelco, Anglo American, Pan Pacific Copper and various junior mining companies. He joined Los Andes Copper in 2012 as Chief Geologist and was appointed as President and CEO in 2015.

 

Mr. Amberg is a Qualified Person under NI 43-101.

 

 

Manuel Matta

MANUEL MATTA

Director of Vizcachitas Project

 

Mr. Matta is a Mining Engineer, graduating from the University of Chile. Mr. Matta has 30 years of varied mining industry experience, in operations, planning and projects.

 

Mr. Matta has been working in management consultancy, focusing on M&A, Asset optimisation, Due Diligence for major projects worldwide and the development of concentrate treatment technology.

 

Previously Mr. Matta has worked for Barrick Gold, where he was Vice President of Project Construction responsible for the construction of large capital projects worldwide and was specifically focused on Pascua Lima in Chile and Pueblo Viejo in the Dominican Republic.

 

Mr. Matta has also worked for Falconbridge Limited and Xstrata as Vice President of Projects and Development where he led the expansion of the Collahuasi project and General Manager of the Altonorte Smelter for Antofagasta, Chile where he led the productive operation for the custom copper smelter, one of the largest in the world.

 

In his early career, Mr. Matta worked at a number of mining projects in an operation capacity, conducting Pre-Feasibility, Feasibility Studies and Environmental Impact Assessments, developed the final exploration phase of the budget for Escondida and has held the positions of Operations Manager, Mine Supervisor and Mine Production and Development Chief.

 

 

Jose Tomas Letelier

JOSE TOMAS LETELIER

Director of Corporate Affairs and Sustainability

 

Mr. Letelier graduated from Law School, University of Chile and has a Maters in International Public Policy from the School of Advanced International Studies, Johns Hopkins University, Washington DC. Mr. Letelier has over 15 years experience in the mining industry, primarily working in corporate affairs, sustainability and external affairs focused on South America.

 

Mr. Letelier was Vice President of External Affairs for South America for Kinross Gold, Vice President of Government Affairs for South America for Barrick and Vice President of Corporate Affairs and Sustainability for the Americas for Placer Dome. In these roles Mr. Letelier had responsibilities in countries including Chile, Colombia, Brazil, Ecuador and Peru.

 

In his earlier career, Mr. Letelier worked at the Chilean Ministry of Foreign Affairs where he served postings in a number of countries around the world. His last diplomatic posting was as Ambassador of Chile to Canada (1997-2000).

 

Additionally, Mr. Letlier worked in the Santiago Head Office of the Chilean Ministry of Foreign Affairs where he worked for various ministers. He also represented Chile in a number of matters including, APEC, the America’s Business Forum, negotiations of the area of free trade of the Americas and Binational Commissions.

 

 

Gonzalo Saldias

GONZALO SALDIAS

Geologist Consultant

 

Mr. Saldias is a geologist from the Universidad Católica del Norte, Chile.  Over 35 years of experience working within Chile and internationally.  Prior to joining Los Andes Copper, he worked for Antofagasta Minerals from 2007 to  2015.

 

Prior to Antofagasta, he worked for ten years with Placer Dome Latin America. He also worked for Codelco as head of exploration geology for the El Salvador Division.

 

He also worked for Northern Resources, Homestake, Utah, Anaconda and as an independent consultant.

 

 

Aurora Davidson

AURORA DAVIDSON

Chief Financial Officer

 

Ms. Davidson holds a Chartered Professional Accountant designation from the Chartered Professional Accountants of British Columbia and a BSc in Business Administration from Alliant International University in San Diego, California.

 

Ms. Davidson has over 25 years of experience in financial and general business management having assisted private and public companies in the roles of Chief Financial Officer, Vice-president, Finance and Corporate Controller within the mineral exploration and high technology sectors.

 

 

Pedro Loch

PEDRO LOCH

Controller

 

Mr. Loch is a Certified Accountant from the Chilean Association of Accountants.  He has over 30 years of experience with multinational companies.  Before joining Los Andes Copper in 2011, Mr. Loch worked as Regional Financial Officer for the Chilean subsidiary of Mincom International from 1997 to 2010.

 

From 1987 to 1997, he worked at Raychem, as Controller for Chile and Peru and prior to Raychem, he was Controller for 7 years at the Chilean subsidiary of Transammonia Inc. (New York).

 

Patricio Amestica

PATRICIO AMESTICA

Manager – Environmental and Permitting

 

Mr. Amestica has a Degree in Environmental Engineering from DUOC Professional Institute, a Diploma on Quality Management and Organisational Development from the University of Chile and an MBA from Federico Santa Maria Technical University.  He has over 15 years of experience in permitting and environmental affairs.

 

Prior to joining Los Andes Copper, Mr. Amestica worked in environmental permitting for Fluor-Salfa (Spence mine) and Bechtel (Pelambres mine).  From 2011 to 2015 he was Head of Environmental Policy and Permits for the Sierra Gorda copper mine.

 

 

Alejandro Cassi

ALEJANDRO CASSI

Manager – Community Relations

 

Sociologist from the University of Playa Ancha, Valparaiso and candidate for Master’s Degree in Political Communication and Public Affairs from the University Adolfo Ibañez

 

Mr. Cassi has 10 years of experience in community management. Before joining Los Andes Copper in 2018, he worked for Esval (water utility) in charge of communities.  From 2014 to 2016, he was Deputy Manager for Community Relations for Codelco’s Ventanas smelter.  From 2009 to 2014 he worked for Kinross Chile as Community Relations Specialist

 

Source:  https://www.losandescopper.com/

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