Antofagasta Plc
ANTO:LN
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Overview
Company Profile
Chile-based Antofagasta has grown from humble beginnings in 1888 transporting copper through South America along the railway of the same name, into one of the world's largest copper producers through its huge Los Pelambres, El Tesoro and Michilla mines. The company has three business divisions: Mining, Transport and Water.
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Corporate
Board of Directors
Jean-Paul Luksic
Chairman
Appointed to the Board 1990 Jean-Paul Luksic has over 20 years’ experience with Antofagasta. Prior to his appointment as Executive Chairman in 2004 he was Chief Executive Officer of Antofagasta Minerals, in which capacity he oversaw the development of the Los Pelambres and El Tesoro mines. He became Non-Executive Chairman on 1 September 2014. He holds a B.Sc. degree in management and science from the London School of Economics and Political Science. He is Chairman of the Consejo Minero, the industry body representing the largest mining companies operating in Chile, and is a Non-Executive Director of Quiñenco S.A. and other listed companies in the Quiñenco group, including Banco de Chile and Sociedad Matriz SAAM S.A.
William Hayes
Independent Non-Executive Director and Senior Independent Director
William Hayes is the Senior Independent Director. He has held a wide range of finance and operational roles in the copper and gold mining industries, in Chile and North America. He was previously a senior executive with Placer Dome Inc. from 1988 to 2006. He is a former President of the Consejo Minero, the industry body representing the largest mining companies operating in Chile, and a former President of the Gold Institute in Washington DC. He holds a B.A. degree in Political Science from the University of San Francisco and a Master’s degree in International Management from the Thunderbird School of Global Management. He is Chairman of Royal Gold Inc.
Gonzalo Menéndez
Non-Executive Directo
Gonzalo Menéndez has extensive experience in commercial and financial businesses across Latin America. He holds a degree in business administration from the Universidad de Chile and is a public accountant. He is a director of several companies including Quiñenco S.A. and Banco de Chile and is Chairman of the Board of Directors of Banco Latinoamericano de Comercio Exterior S.A. (Bladex).
Ramón Jara
Non-Executive Director,
Ramón Jara is a lawyer with wide-ranging legal and commercial experience in Chile. He is a director of several companies including Empresa Nacional del Petróleo (“ENAP”). He is Chairman of the Fundación Minera Los Pelambres and a director of the Fundación Andrónico Luksic A., which are charitable foundations in Chile.
Juan Claro
Independent Non-Executive Director
Juan Claro has extensive industrial experience in Chile, and has played an active role in the representation of Chilean industrial interests within the country and internationally. He is a former Chairman of the Sociedad de Fomento Fabril (Chilean Society of Industrialists), the Confederación de la Producción y del Comercio (Confederation of Chilean Business) and the Consejo Binacional de Negocios Chile-China (Council for Bilateral Business Chile-China). He is currently Chairman of Coca-Cola Andina S.A. and Energía Coyanco S.A., and is a director of several other companies in Chile, including Entel Chile S.A., Empresas Cementos Melon and Agrosuper. He is also a member of the governing boards of Centro de Estudios Públicos, a Chilean non-profit academic foundation.
Hugo Dryland
Non-Executive Director
Hugo Dryland has extensive expertise in corporate finance and mergers and acquisitions within the mining sector, with over 25 years of investment banking experience in natural resources with the Rothschild group. Prior to joining Rothschild he practised law in the United States, specialising in the natural resources and infrastructure sectors, and before that worked in the energy group at the World Bank. He holds Masters degrees in Business and Comparative Law from the University of Warwick (UK) and the George Washington University (US) respectively. He is an Executive Vice-Chairman at Rothschild, and is global head of Rothschild’s investment banking activities in the mining and metals sector.
Tim Baker
Independent Non-Executive Director
Tim Baker has significant mining operational experience across North and South America and Africa. He was previously Executive Vice-President and Chief Operating Officer at Kinross Gold Corporation and prior to that was executive General Manager of Placer Dome Chile. He has managed mining operations in Chile, the United States, Tanzania and Venezuela and held geological and production roles in Kenya and Liberia. He has a B.Sc. in Geology from Edinburgh University and has an ICD.D from Canada’s Institute of Corporate Directors. He is Chairman of Golden Star Resources and a director of Sherritt International Corporation.
Manuel Lino Silva De Sousa-Oliveira (Ollie Oliveira)
Independent Non-Executive Director
Ollie Oliveira has over 35 years’ experience in the mining industry, in corporate finance, operational and strategic roles. He held various senior executive positions within the Anglo American group and the De Beers group, including Executive Director – Corporate Finance and Head of Strategy and Business Development of De Beers S.A. He holds a B.Com degree from the University of Natal (Durban) with postgraduate qualifications in Accounting and Economics. He is a Chartered Accountant and Chartered Management Accountant. He is a Non-Executive Director of Ferrous Resources Limited and Dominion Diamond Corporation.
Andrónico Luksic
Non-Executive Director
Andrónico Luksic has extensive experience across a range of business sectors throughout Chile, Latin America and Europe. He is Chairman of Quiñenco S.A. and Chairman of Compañía Cervecerías Unidas S.A. He is the Vice-Chairman of both Banco de Chile and Compañía Sudamericana de Vapores S.A., and a director of Invexans S.A. and Tech Pack S.A., all of which are listed companies in the Quiñenco group. He is also a director of Nexans S.A., a company listed on NYSE Euronext Paris.
Vivianne Blanlot
Independent Non-Executive Director
Vivianne Blanlot is an economist with extensive experience across the energy, mining, water and environmental sectors and has worked in the public and private sector in Chile. She served as Executive Director of the Comisión Nacional de Medio Ambiente (Environmental Agency in Chile) from 1995 to 1997, Undersecretary of Energy (Comisión Nacional de Energía) from 2000 to 2003 and Minister of Defence from 2006 to 2007, among other positions. She holds an Economics degree from the Pontificia Universidad Católica de Chile and a Master’s degree in Applied Economics from the American University of Washington, DC. She is a Non-Executive Director of Colbún S.A., an energy company listed on the Santiago stock exchange, and is also a member of the Consejo Para La Transparencia (Transparency Council), the Chilean body responsible for enforcing transparency in the public sector.
Jorge Bande
Non-Executive Director
orge Bande has more than 30 years’ experience in the mining industry as well as considerable experience in the energy and water sectors. He co-founded the Centre for Copper and Mining Studies (“CESCO”), an independent not-for-profit think tank focused on mining policy issues, where he was its first Executive Director from 1984 to 1988. He was Vice President of Development at Codelco from 1990 to 1994 and then became the CEO of AMP Chile, a subsidiary of AMP, one of Australia’s largest institutional investors. He was a director of Codelco from 2006 to 2013. Jorge advised the World Bank as a Consultant between 2012 and 2013 and was a member of the Global Agenda Council for Responsible Minerals Resource Management at the World Economic Forum from 2009 to 2013. He is a professor of the International Post-Graduate Programme in Mineral Economics at the University of Chile and a member of the Experts Committee for Copper Prices for the Chilean Ministry of Finance. He has a Master’s degree in economics from the American University in Washington, DC. He is currently a member of the Advisory Council of The Sentient Group and a director of CESCO, Inversiones Aguas Metropolitanas S.A., Pershimco Resources Inc. and Bupa Chile S.A. He was previously a director of a number of other Chilean and international companies, including Edelnor S.A. and Electroandina S.A. (now E-CL S.A.).