Details

pwc.com/pe/mineria
Tuesday 19th
15:00
Event Registration
Wednesday 20th
09:00 - 9:30
Introduction
- Esteban Chong, Territory Senior Partner, PwC Peru
09:30 - 10:45
Megatrends & Impact on Mining
- Dean Braunsteiner, Mining Assurance Leader, PwC Canada
- Alfredo Remy, Mining Leader, PwC Peru
- José Almodóvar, Mining Leader, PwC Mexico
- Stuart Absolom, Mining Leader, PwC USA
- James Lusby, Assurance Partner, PwC Canada
- Jim Moraga, Mining Partner, PwC LatAm
10:45 - 11:00
Break
11:00 - 12:15
Eurasia group: Latin America Geopolitical Risk
- Daniel Kerner, Practice Head, Latin America, Eurasia Group
12:15 - 13:30
C-Suite Panel
From Exploration to Production - How to Build Trust and Maintain Value
with Stakeholders
- Gordon J. Bogden, President and Chief Executive Officer, Alloycorp
Mining Inc.
- Juan Medel, Former General Manager, Radomiro Tomic and Ministro Hales,
Corporación Nacional de Cobre de Chile
- Javier Del Río, Executive Director Business Development, Hudbay
Minerals Inc.
- Jorge León Benavides, CEO, Grupo Digamma (Moderator)
- Juan José Maertens, Public Relations Manager, Grupo Digamma (Moderator)
13:30 - 15:30
Lunch
15:30 - 16:45
Session 1
Capital Projects & Operational Readiness
- Brett Bisaga, CP&I Director, PwC USA
- Germán Millán, CP&I Partner, PwC Chile
Session 2
Basics of IFRS
- Gustavo Villafana, Assurance Partner, PwC Peru
- Wenzel Ryan O. Reyes, Assurance Senior Manager, PwC Canada
- James Lusby, Assurance Partner, PwC Canada
Session 3
Tax Burden and its Impact in the Country’s Competitiveness
- Orlando Marchesi, Tax Leader, PwC Peru
- Cyro Cunha, Tax Partner, PwC Brasil
- Brooke Ko, Tax Senior Manager, PwC Canada
- Héctor García, Tax Partner, PwC Mexico
- Daniel Love, Tax Manager, PwC USA
- Rodrigo Winter, Tax Senior Manager, PwC Chile
- James Strong, Global Mining Leader, PwC Australia
16:45 - 18:00
Session 4
Value Based Planning, Budgeting & Forecasting
- Jim Moraga, Mining Partner, PwC LatAm
- Dean Braunsteiner, Mining Assurance Leader, PwC Canada
Session 5
Anti-corruption trends in the mining industry
- Juan Malagón, Advisory Partner, PwC Colombia
- Arturo López, Assurance Partner, PwC Canada
Session 6
Tax Burden and its Impact in the Country’s Competitiveness
- Orlando Marchesi, Tax Leader, PwC Peru
- Cyro Cunha, Tax Partner, PwC Brasil
- Brooke Ko, Tax Senior Manager, PwC Canada
- Héctor García, Tax Partner, PwC Mexico
- Daniel Love, Tax Manager, PwC USA
- Rodrigo Winter, Tax Senior Manager, PwC Chile
- James Strong, Global Mining Leader, PwC Australia
19:00
Social Event: JW Marriott Hotel Lima
Thursday 21st
09:00 - 10:15
Session 1
Cybersecurity in Mining
- Graciela Ricci, Advisory Partner, PwC Peru
- Arturo López, Assurance Partner, PwC Canada
Session 2
Tax Transparency & BEPS
- Rudolf Roeder, Tax Partner, PwC Peru
- Brooke Ko, Tax Senior Manager, PwC Canada
Session 3
Merger and Acquisition Processes
- Nicolás Oberrath, Advisory Partner, PwC Peru
- James Lusby, Assurance Partner, PwC Canada
10:15 - 11:30
Session 4
Fiscal CSR & Community Engagement:
What has Changed for Mining Companies?
- Beatriz Alva-Hart, Lawyer, CEO, Alva Hart Consulting
- Fernando Córdova, Senior Manager, PwC Chile
Session 5
Optimising ERP/Control Processes to Manage Risk and Drive Efficiency
- Nancy Yong, Advisory Partner, PwC Peru
- Behram Faroogh, Director de Risk Assurance Services, PwC Canada
Session 6
HR Talent Management
- Óscar La Torre, Advisory Partner, PwC Peru
- Ángela Álvarez, Advisory Manager, PwC Peru
11:30 - 11:45
Break
11:45 - 13:00
Session 7
Operating a Cost Effective Mine
- Jim Moraga, Mining Partner, PwC LatAm
- Carlos Lobatón, Advisory Director, PwC Peru
Session 8
Tax Issues Related to Streaming and Royalty Agreements
- Javier De La Vega, Tax Leader, PwC Peru
- Carolyn Iacobelli, Tax Director, PwC USA
Session 9
IFRS & US GAAP update
- Pablo Saravia, Assurance Partner, PwC Peru
- James Lusby, Assurance Partner, PwC Canada
- James Terry, Assurance Senior Manager, PwC USA
13:00 - 14:15
Lunch
14:15 - 15:30
C-Suite Panel
Operating in tough times - Strategies on Capital Expenditure, Cost
Discipline, and Non-Core Asset Divestment
- Abraham Chahuan, President and Chief Executive Officer, Compañía
Minera Antamina S.A.
- Raúl Benavides, Vicepresident and Manager of Business Development,
Compañía de Minas Buenaventura S.A.A.
- Don MacDonald, Chief Financial Officer, KGHM International Ltd.
- Jorge León Benavides, CEO, Grupo Digamma (Moderator)
- Juan José Maertens, Public Relations Manager, Grupo Digamma (Moderator)
15:30-16:45
Mining investment in Peru: “2015 and Beyond”
- Alonso Segura, Minister of Economy and Finance
16:45- 17:00
Closing
Plenary
Break-out Sessions
Details
Capital Projects & Operational Readiness
Mining companies historically face significant challenges developing and delivering capital projects to
meet the need for production while balancing speed, profitability, and safety. Over the last few years, PwC
identified several core differentiators to help mining clients drive value even during times of commodity
price decline and limited capital investment.
Basics of IFRS
In the Basics of Mining IFRS session you will learn about the mining specific issues facing companies in
applying IFRS accounting in their financial reporting. The session will review mining accounting through
the life cycle of a mine from exploration and evaluation stage companies through their development and
into production, and then reclamation. In addition specific issues around business combinations, asset
acquisitions, joint ventures and farm-in arrangements will be covered. The session will also cover some of
the hot topics in these areas that have recently been addressed and are currently being debated.
Tax Burden and its Impact in the Country’s Competitiveness, Comparative Mining Taxes,
& Fiscal Competitiveness
This session will compare the corporate tax regimes for mining companies operating in Canada, the US,
Chile, Peru and Mexico including significant country updates and impact on the country’s competitiveness
in the international market.
Mexico: 2014 and 2015 report on relevant transactions; New Mexican mining tax - current trends and
interpretations to the Law; electronic accounting filings; current position of the Mexican tax authorities in
respect to VAT request for refund; deduction for IT purposes of payments made to communities and unions
of workers.
Value Based Planning, Budgeting & Forecasting
Mining CFOs are frustrated because they spend more time (and expense) in producing budgets and
forecasts than they are receiving in related value. Companies need to have forecasts that are realistic and
meet the needs of all stakeholders to reflect actual, achievable operational performance.
This requires an improved linkage and alignment between Operations and Finance in the planning process:
to improve predictability of results and provide more accurate guidance to the “street” and other financial
stakeholders, because slight deviations in the ability to meet earnings forecasts can significantly impact
market capitalization.
Additionally, there is a need for enhanced support for decision making in Operations, resulting from better
understanding of the financial outcomes and costs / benefits from different operational decisions, to drive
alignment across the organization.
In this session we will discuss some of the tools and mechanisms to improve budgeting and forecasting
process and linking it to Life of Mine, enabling scenario analysis and continuous improvement to achieve
alignment from mine to the Corporate Office.
Anti-corruption trends in the mining industry
In the last several years, risks surrounding bribery and corruption have risen as prime concerns among
business leaders and nations alike. Corruption reduces economic output and can lead to economic
inequalities fuelling social and political change. A semblance of global alignment in anti-bribery and
corruption laws is taking shape, led by continued aggressive enforcement of the Corruption of Foreign
Public Officials Act (“CFPOA”), the Foreign Corrupt Practices Act (“FCPA”), and UK bribery Act (“UKBA”).
These acts not only proved to be important enforcement tools, but have also served as models for other
countries to follow. At the same time, global corruption investigations increasingly involve collaboration
among different countries, creating the beginnings of coordinated international dragnet. This session will
provide you with an overview of the different Anti-bribery and Corruption acts as well as an opportunity to
engage in discussions on practical Anti-Bribery and Corruption scenarios.
Cybersecurity in Mining
No topic today is gaining more visibility than cybersecurity. Boards are pressuring Management to
understand the plans that are in place to address this emerging risk. Leading mining companies are
investing in understanding what they need to do today to become more resilient in the face of a rising
number of incidents. This session will focus on leading practices within mining companies to understand
the threats to their operations, the actions they should be undertaking to reduce their risks (e.g., financial,
operational and reputational), and what they should be monitoring and why. PwC serves mining clients
globally, from the largest global players, to single site operations. Come learn from the collective insight of
our global professionals.
Tax Transparency & BEPS
There has been much public scrutiny surrounding multinational enterprises for paying their fair share
of tax which has led to an international Action Plan on Base Erosion and Profit Shifting or BEPS lead by
the OECD. This session will discuss (1) the basics of BEPS and its objectives, (2) the key initiatives that
are most relevant to mining multinational companies, (3) where the initiatives stand now with relevant
updates for North and South American companies, (4) where the initiatives may be going so you can
anticipate how it might impact you and, (5) what to watch out for in the coming years.
Merger and Acquisition Processes
In the M&A session we will discuss the current landscape of M&A in mining...and no it is not dead! We
will review some of the deals that have been done, and some of the key metrics driving deals at present.
In addition we will discuss the issues facing companies in getting a deal done, issues in undertaking a new
listing, and some of the things being done to help the process of raising money.
Fiscal CSR & Community Engagement: What has changed for Mining Companies?
Nowadays, social and environmental management is a topic going beyond the borders of the media. Often,
it is possible to find news related to projects facing legal actions or in-progress claims, but have project
developers acknowledged this situation? Are they adopting appropriate measures to prevent or face this
situation and achieve the social license enabling sustainability?
This session comprises a review of main facts, trends and opportunities to relate with communities,
according to our experience.
Optimising ERP/Control Processes to Manage Risk and Drive Efficiency
Managing controls on ERP is a long-term journey that starts on the implementation and grows along
with the business and ERP evolution. This session is meant to explore the diverse risks and challenges
that mining companies running ERPs face on segregation of duties, sensitive access, process controls, and
potential fraud to later introduce more efficient ways to reduce and monitor all those risks leveraging the
capabilities of the ERP.
HR Talent Management
Talent management in mining is very important for the industry. Talent availability will decrease and it
becomes essential to implement retention plans for key talent and also manage the expectations of the
new coming up generations. A view of global and Peruvian talent management trends and practices will be
shared.
Operating a Cost Effective Mine
It is no surprise that productivity and costs have been top of mind for mining CEOs for the last 3 years. In
this session, we will review the levers that can be used to improve the value of the business, how to drive
improvement programs, common pitfalls in implementing the change and best practices in the industry.
Main topics are: 1) How to create value in mining; 2) Opportunities in extraction and processing; 3)
Opportunities in Maintenance; 4) Opportunities in Procurement and Supply Chain; 4) Best practices and
pitfalls. This session will encourage the participation of the audience and sharing of experiences.
Tax Issues Related to Streaming and Royalty Agreements
In the streaming and royalty agreements session, we will discuss the most frequent and relevant tax issues
derived from both of them in the mining industry. We will describe the nature of each of these concepts,
analyzing its characteristics, particularities and requirements that may be necessary in order to enter into
such agreements with non-domiciled parties. In addition, we will review the convenience of using one
or another agreement in specific cases, taking into account all tax consequences that may arise for the
contracting parties.
IFRS & US GAAP Update
The IFRS & US GAAP update session will provide an overview of the key issues facing mining companies
in their accounting and financial reporting at the current time. Feedback from the AICPA conference, and
updates from regulator comment letters, as well as the Discussions Group of the IASB, will be covered. New
standards will be explained including the areas of financial instruments, revenue and leases, both from an
IFRS and U.S. perspective. And other key financial reporting updates will be considered around required
reporting on transparency and diversity reporting.
Speaker’s information
Esteban Chong,
Territory Senior Partner, PwC Peru
He has over 30 years of experience in leading audit engagements for a wide range of
industries, such as: mining and energy, financial institutions, insurance, retail and
consumer, manufacturing, banking, etc. He has provided technical accounting advice
(GAAPs and IFRSs) in mergers and business acquisitions, notably in the mining,
energy and manufacturing. Peruvian Certified Public Accountant graduated from
prestigious Universidad del Pacifico Holds an MBA obtained from the University of
Pittsburgh. He is a member for the Board of Directors from the American Chamber
of Commerce – AMCHAM. He is the President from Instituto Peruano de Auditores
Independientes - IPAI. A Professor from Universidad del Pacifico.
Dean Braunsteiner,
Mining Leader, PwC Canada
Partner in the mining practice of PwC’s Toronto office and is the Greater Toronto
Area Mining Leader. As PwC Canada’s National IPO Services Leader, he also has
significant experience with initial and secondary public offerings. Dean provides his
clients with audit and assurance services including assistance on acquisitions and
divestitures, helps companies respond to comment letters received from Canadian
and US regulatory bodies and provides advice on initial public offerings. He has
extensive experience in IFRS and US GAAP, as well as SEC reporting, and is one of
the firm’s subject matter experts on mining industry issues. Dean is also involved
with the Prospectors and Developers Association of Canada.
Alfredo Remy,
Mining Leader, PwC Peru
Has over twenty years of experience, fourteen of which are directly related to the
mining industry and has worked for Compañia Minera Antamina (a joint venture of
four companies: BHP Billiton, Glencore Xstrata, Teck and Mitsubishi Corporation)
and for Barrick Gold Corporation as a Regional Maintenance Manager in South
America. Alfredo has substantial and proven experience in Maintenance and Supply
Chain. Focused on improving operational performance and reducing costs, Alfredo
has helped companies standardize their processes, review and restructure the
maintenance organization at the sites based on our business processes, improve the
maintenance planning process to reduce reactive maintenance and improve the
demand forecast, define and implement KPIs to measure performance, etc.
José Almodóvar,
Mining Leader, PwC Mexico
Jose is partner of the Audit practice and has more than 21 years of professional
experience in external audit, financial information assessment and internal control
activities. Currently his leading the mining industry sector in PwC Mexico. He has
specialized in national and international companies from the following industrial
sectors: mining, energy, consumer, construction, aviation and education.
He participated in the international exchange program of the global network of PwC,
working for three years in Cuba under the supervision of PwC Canada, where he
participated in many projects of Latin American clients. Due to this experience, he
became strongly acquainted with financial information management and regulatory
issues.
Stuart Absolom,
Mining Leader, PwC USA
United States mining leader based in Denver, Colorado and a member of PwC’s
global mining leadership team. Stuart has over 20 years’ experience serving mining
clients at all stages of the mining lifecycle, being the exploration, development or
production stages. These clients have included large multinationals and smaller
domestic companies. His assurance expertise includes planning and executing
integrated audits pursuant to Sarbanes Oxley requirements, IPO readiness and
assistance, IFRS and US GAAP convergence projects, M&A support including
transaction structuring advice and cross border public debt and equity offering
support.
James Lusby,
Assurance Partner, PwC Canada
He is a Partner in the Mining practice of PwC’s Assurance Group in Toronto.
His client work includes audits of a number of Canadian and US public mining
companies, which include both large multinational mining companies, where he
works with PwC’s global network of mining teams, as well as small junior mining
sector companies. In his role, James has worked with many of PwC’s mining teams in
North and South America to provide both audit and other assurance services to deal
with client’s regulatory requirements. As a client relationship partner on a number
of multi-national mining companies he also assists these teams in delivering timely
services to address client issues, including internal controls and transaction support.
Jim Moraga,
Mining Partner, PwC LatAm
Has more than 20 years of experience in line Management and Consulting in
Operations, Strategic Sourcing, IT, Marketing, Strategy, and Contract Negotiation.
He has worked across many industries, including Metals & Mining in the Americas,
Africa and Australia. In his previous role, he was part of the leadership team of the
Latin American practice for a global Operational consulting firm ensuring quality
and timeliness of delivery and value for clients.
Daniel Kerner,
Eurasia Group
He leads Eurasia Group’s Latin America practice. Daniel focuses on Argentina,
Mexico and Venezuela, with particular emphasis on politics and economic and
regulatory policies. His sectorial expertise includes energy and natural resources, as
well as retail. Daniel has done comprehensive research on foreign direct investment
in Latin America and the influence of economic ideas on structural reform in
Argentina, Brazil, and Mexico.
Gordon J. Bogden,
President and Chief Executive Officer, Alloycorp Mining Inc.
President and Chief Executive Officer of Alloycorp Mining Inc. He has a long career
as a corporate director, senior executive, investment banker and geoscientist to
the mining sector. He concluded his investment-banking career in 2012 as Vice
Chairman, Metals & Mining, of Standard Chartered Bank, joining the bank after
the sale of Gryphon Partners where he was a co-founder and Managing Partner.
He currently is a director of Orvana Minerals Corp., and Royal Gold, Inc., and is a
member of the Mount Sinai Hospital Foundation Board of Directors. Mr. Bogden is
keenly interested in social and development issues, leverages his business experience
in strategy, mergers and acquisitions, capital markets and banking, along with his
technical background to create solutions to the benefit of all corporate stakeholders.
Juan Medel,
Former General Manager, Radomiro Tomic and Ministro Hales, Codelco
Industrial Civil Engineer graduated from Pontificia Universidad Católica de Chile.
Diploma in organizational development from “Universidad de Santiago” and
Diploma in socioeconomic preparation and evaluation of investment projects from
Pontificia Universidad Católica de Chile.
He has worked for Codelco for more than 37 years, he was a sub-manager of Finance
and Human Resources to Radomiro Tomic from 1994 to 2000 and a sub-manager
to Strategic Development and Planning to Chuquicamata from 2000 to 2002.
He has been corporate business manager and manager responsible for the area
of investment assessment and project control from 2002 to 2008 for the parent
company. Subsequently, he was corporate Vice President of Shared Services; and
from January 2011, General Manager of the Ministro Hales project. From 2013 he
was General Manager of Radomiro Tomic until December 31, 2014.
He has simultaneously devoted time to teaching activities, both at Universidad de
Chile and Pontificia Universidad Católica de Chile, mainly in the pre and postgraduate programs.
Javier Del Río,
Executive Director Business Development, Hudbay Minerals Inc.
Bilingual (Spanish/English) mining engineer with more than twenty years of
work experience in the mining industry, seeking a position within the Financial/
Operations field. His background includes excellent analytical and communication
skills and strong operational experience. Prior responsibilities include mining
operations supervisor, optimization process manager, and capital expenditure
manager. More recent experience in the budgeting and forecasting of global
operations and cost control and cost estimation of capital expenditures for Corporate
and the Engineering and Construction groups. Responsible for the implementation
of improvement process programs through analysis, problem solving and team work.
Jorge León Benavides,
CEO, Grupo Digamma
CEO of Grupo Digamma, company in which he has 10 years of experience in business
development through his Rumbo Minero and Perú Construye magazines and TV
programs related to the mining and construction industries. Additionally, the
organization of well-known corporate events such as Expomina, Expo Arcon, and
Minpro.
Juan José Maertens,
Public Relations Manager, Grupo Digamma
Lawyer, MBA from Universidad del Pacífico. He is a Director of the Peruvian
Association of Mining Suppliers (“Asociación Peruana de Proveedores Mineros –
APPROMIN”); a Public Relations Manager of Digamma group, a mining consultant
and host of Rumbo Minero and Peru Construye TV programs.
Brett Bisaga,
CP&I Director, PwC USA
Director in PricewaterhouseCoopers’ Capital Project Services Practice in
Philadelphia, Pennsylvania. Mr. Bisaga is a Professional Engineer with over 16
years’ experience in engineering design, project management, and construction
dispute resolution. He has extensive experience dealing with major construction and
engineering projects across industries and sectors with a primary focus on mining.
Germán Millán,
CP&I Partner, PwC Chile
Partner of PricewaterhouseCoopers and part of PwC’s global Capital Projects &
Infrastructure (CP&I) practice leadership team. He is responsible for the CP&I
practice’s activities in the Spanish-Speaking Countries of South America. He has
over twenty years of experienced in project, program and procurement management
in both Latin America and Europe. He has led and/or delivered Technical, Project
Management, Procurement, Commercial, Facilities Management and specialized
Public Private Partnerships assignments.
Gustavo Villafana,
Assurance Partner, PwC Peru
PwC Peru ACS Partner and member of the firm’s Accounting Technical Committee.
Over 12 years of experience in leading and conducting audit and consulting services.
He has assisted several clients in developing their accounting policies relating to
financial instruments to ensure compliance with IFRS.International experience at
the PwC San Francisco Office, as senior auditor in charge of performing audit and
assessment of controls (SOX compliant) to multinational entities under the oversight
of U.S SEC and PCAOB.
Wenzel Ryan O. Reyes,
Assurance Senior Manager, PwC Canada
Senior Manager in the Audit and Assurance Group of PwC Toronto where his main
clients are in the mining and oil and gas industry. Wenzel has extensive experience
working with mining companies providing guidance and advice in key areas in
mining accounting policies, impairment reviews, business acquisitions and financial
instruments. Wenzel has been the audit manager on numerous TSX and SEC-listed
audit clients and brings extensive knowledge of IFRS and US GAAP.
Orlando Marchesi,
Tax Leader, PwC Peru
Peruvian lawyer graduated from prestigious ‘Universidad de Lima’, in Peru, and
holding an MBA from Université du Quebec á Montreal (UQAM). He has extensive
experience as a tax consultant specialized in foreign investments and providing tax
assistance and advice to a wide range of industries, such as telecom, oil, mining,
and retail & consumer, among others. His professional experience is particularly
extensive in applying agreements to prevent double taxation, providing advice to
foreign and local companies in tax planning, evaluating tax and legal contingencies
(due diligence); additionally, he has provided tax and legal transaction support in
merger and acquisitions.
Cyro Cunha,
Tax Partner, PwC Brasil
Mining leader tax Partner in Brazil, based at PwC Rio de Janeiro office. He has been
with PwC since 1989, working mainly with mining and oil & gas MNC’s with business
presence in Brazil. He has large experience in coordinating direct and indirect tax
structuring and compliance projects with companies working all over the Brazilian
States, focus on tax planning, risk and due diligence assessments.
Brooke Ko,
Tax Senior Manager, PwC Canada
Brooke has 11 years of tax experience advising mining companies with Canadian
domestic mines as well as international mines around the world, specifically in
the US, South America and Africa. Her professional tax experience is focused in
the mining industry (precious and base metals, coal and uranium) and involves
compliance, research and planning for these clients as well as the audit of tax
provisions for large Canadian based clients with significant domestic and foreign
operations.
Héctor García,
Tax Partner, PwC Mexico
PwC Partner specialized in Tax and Legal Services. Over the last 25 years, he has
provided tax advice and tax compliance services to numerous companies of the
different industrial sectors, including mining. He is an expert in tax compliance and
tax accounting in Mexico as well as in tax consolidation and he has been the tax
leader for the mining industry in PwC Mexico. He has been engaged in several Global
Tax Compliance projects for Mexican subsidiaries of big multinational companies.
Daniel Love,
Tax Manager, PwC USA
Dan is a U.S. federal tax manager in Denver focused primarily on serving public
companies in the mining industry. Dan consults with clients on issues related to both
accounting for income taxes and federal and state tax compliance, including miningspecific provisions related to depletion, exploration and development costs, and
alternative minimum tax calculations. He has extensive experience with U.S. federal
and state consolidated income tax return preparation.
Dan has taught courses in mining taxation and has provided U.S. tax legislative
updates at the PwC School of Mines seminars in 2012 and 2013. In previous years,
Dan has served as an editor of PwC’s Mining Tax Quarterly publication which
highlighted and summarized key mining industry developments and offered
perspective on significant federal, state and international tax matters.
Dan is a graduate of Marquette University with a B.S. in Business Administration and
subsequently earned a Masters Degree in Accounting, also from Marquette. Dan is
a member of the Colorado Society of Certified Public Accountants and the American
Institute of Certified Public Accountants. Dan currently holds a CPA license in
Colorado and Wisconsin.
Rodrigo Winter,
Tax Senior Manager, PwC Chile
Tax Consulting Senior Manager engaged in several mining projects concerning
several topics such as: specific mining tax advice, advanced VAT refund, mining
acquisition structures, stamp tax, additional withholding tax, among others.
Rodrigo advised many mining companies. Among them, we can name: Teck Mining;
NewGold; Pan Pacific Copper; Lundin Mining; Antofagasta Minerals.
James Strong,
Global Mining Leader, PwC Australia
Partner in the corporate tax practice of PwC Australia, based in Melbourne. Global
Mining Leader (Tax) for the PwC network.
James specialises in cross-border investment and M&A - both for energy and mining
clients and for industrial companies. James spent over two years working in the M&A
tax group with PwC in Hong Kong, where he advised global multi-nationals on their
investments into the Asia-Pacific region and, in particular, China. Member of PwC
Australia’s China Practice and supports Australian firms with their expansion into
China (and Asia) as well as Chinese and regional investors looking to make foreign
direct investment into Australia.
James holds a Bachelor of Laws (LLB) degree from the University of Melbourne and
a Master of Laws (LLM, Commercial law) from Monash University. James is admitted
to practise law in Victoria and holds a current practising certificate.
Juan Malagón
Advisory Partner, PwC Colombia
Partner in PwC’s Governance, Risk and Compliance practice in Colombia with more
than 15 years of experience in consulting and auditing. Juan provides regulatory
compliance, enterprise risk management, internal audit and control-related services
to a wide range of public and private company clients, as well as government and not
for profit organizations. During the past eight years, he has led projects related with
the implementation of antifraud programs and controls mainly related with FCPA
(Foreign Corrupt Practices Act) and Sarbanes Oxley compliance, his projects have
included risk assessment, internal controls reviews, business process improvement
and anti-corruption training.
In Colombia, Juan acts as an instructor for internal control courses based in COSO,
Sarbanes Oxley Act and FCPA compliance, Corporate Governance and Risk.
Arturo López
Assurance Partner, PwC Canada
Partner and the Canadian Leader of our Risk Assurance Practice. Arturo has over
25 years of experience in the areas of design, implementation and assessment of
Business Process and Information Technology (IT) controls.
Arturo is responsible for providing our financial statements audit teams with
assessments of control risk and support in testing controls in areas such as
Information Technology general, business process and automated controls. Arturo
most recently has assisted a number of clients with their CEO/CFO financial controls
certification under the Sarbanes-Oxley Act (SOX) section 404, as well as the
Canadian equivalent National Instrument (NI) 52-109.
Graciela Ricci,
Advisory Partner, PwC Peru
Provided services related to IT Governance, Risk Analysis, Information Security,
Performance Improvement, Project and Portfolio management, among others as well
as Auditing Information Systems. Has over 18 years of experience in the Information
System Consulting and Auditing. Additionally, has had international experience
working in Argentina, Brazil, Venezuela, Costa Rica, New Zealand and Uruguay.
Rudolph Röder
Tax Partner, PwC Peru
Regular speaker on tax matters at international events. He writes for specialized
international and national publications. He has worked with the international tax
group in the New York office of our Firm for two years. He is a specialist in taxation
of international transactions, mining taxation, transfer pricing and services to
expatriates. Former member of the board of the Peruvian Institute of Tax Law and
two times reporter for Peru at the International Fiscal Association Congress. He is
also professor at the Universidad de Lima and Pontificia Universidad Católica del
Perú in courses on international taxation. His job experience includes providing
tax structuring and consulting to companies in the telecom and energy industries
and is responsible for the compliance work of the most important clients of
PricewaterhouseCoopers.
Nicolás Oberrath,
Advisory Partner, PwC Peru
Nicolas is a CFA Charterholder and has graduated cum laude in International
Business and Management at HES School of Economics & Business in Amsterdam
(Netherlands). He also obtained a Master of Business Administration (MBA)
from ESADE Business School and the Universidad del Pacifico. Furthermore, he
holds a Diploma in International Financial Reporting Standards (DipIFR) from the
Association of Certified Chartered Accountants (ACCA) in Glasgow, UK and a degree
in commercial banking from the Hamburg Chamber of Commerce.
Nicolas has extensive experience in leading financial and transaction related
assignments from a buy- and sell-side perspective. He led and participated in
numerous projects related to Valuation, Financial and Commercial Due Diligence,
Financial Modeling, IFRS and US GAAP related measurements and Financial
Strategy Advice.
Beatriz Alva-Hart,
Lawyer, CEO, Alva Hart Consulting
Beatriz is a lawyer, specialist in Labor and Social Security Law, Corporate Social
Responsibility, public-sector management, mass communications. She is the
Former Vice-Ministry of Labor, a former Congresswoman and former Member
of the Commission of Truth and Reconciliation. She is a professor and author of
several political and law articles in a number of specialized magazines and other
media outlets. She is a frequent lecturer in local and international seminars and
conferences as well as a representative of the Peruvian Government in national,
regional, and global forums.
Fernando Córdova,
Advisory Senior Manager, PwC Chile
Fernando is the Senior Manager of the Sustainability and Climate Change team in
PwC Chile. During his years in PwC Chile Fernando has specialized in community
investment, socio environmental impact assessment, reporting services, assurance,
compliance, climate change and energy efficiency. His experience with mining
companies at PwC includes community investment review, closure plans reviews,
abatement cost curves, greenhouse gases measure and sustainability reports
elaboration and assurance.
Nancy Yong,
Advisory Partner, PwC Peru
Over 28 years of audit experience (external and internal audit) and business
consulting services provided to local and foreign companies in a wide range of
industries, mainly involving IT and operational risk management professional
assistance. She has led the review of IT systems as part of the audit of the financial
statements as well as integrated audits performed in accordance with the U.S.
Sarbanes-Oxley Act.
Behram Faroogh,
Director de Risk Assurance Services, PwC Canada
Behram Faroogh is a Vice President in the Consulting and Deals practice of
PricewaterhouseCoopers LLP, working in the Toronto office. He is part of the
Controls group. With over 18 years of professional experience that spans from the
Board room to the shop floor, Behram has conducted assignments that consider the
interplay, optimization and oversight of strategy, people, systems and processes. A
financial accountant by qualification, Behram has acquired highly developed skills
in Information Technology and extended his experience by conducting projects in IT
strategy development, project management consulting, outsourcing and service level
management, corporate governance and control environment reviews, information
security reviews, software vendor and integrator analyses, application development,
data management, data analysis and computer assisted audit techniques, systems
selection and software implementations.
His unique blend of business and technology skill-set allows Behram to approach any
IT Advisory engagement from a balanced scorecard perspective that aligns both the
business and technology needs and objectives of an organization.
Óscar La Torre,
Advisory Partner, PwC Peru
Mr. La Torre is a professional whose general background allows him to develop
and conduct projects related to strategy, HR consulting, change management,
organizational and process change, valuations, financial models, internal controls
evaluation and special audits on internal controls based on the Sarbanes Oxley
404 law for companies under the supervision of the Securities and Exchange
Commission in the US and other business matters. Some of his clients are Minera
Yanacocha, Minera Barrick Gold, Southern Peru Copper Corporations, Xstrata,
and Glencore. During his career at PwC, Mr. La Torre has participated and directed
projects in different economic sectors like financial, mining, energy, services,
telecommunications, government, foods and beverage, among others.
His experience accounts for more than twenty years of business consulting projects
in different industries and services within the scope of services provided by PwC in
the Advisory and Performance Improvement division. This includes the development
of shared services centers for important companies in Peru.
Ángela Álvarez,
Advisory Manager, PwC Peru
Human Resources Manager. Psychologist, with studies in Spain. Certified coach.
Specialized in Human Resources Management, Organizational change and
Consulting. Local and international experience in leading consulting firms, retail
and construction companies. Successful results through leadership, motivation, and
value creation. Proven ability working with vision, commitment and trust building
to integrate human resources functions within the overall operating strategy of
businesses.
Carlos Lobatón,
Advisory Director, PwC Peru
Carlos is a Director in our Advisory practice. He is an Industrial Engineer and subject
matter expert in Supply Chain. Carlos has 27 years of experience in multinational
and local leading companies in mining and manufacture industries. Proactive
and experienced team leader with strong: strategy, planning, communication,
negotiating, productive abilities and analysis skills; and an innovative motivator
as well agent of change. Ability to establish strong on-going relationships with coworkers, internal clients and stakeholders at all organizational levels and cultural
backgrounds. Strong results oriented. Proven excellent supervision and management
skills, achieving goals and objectives with high-level success. Achievements driving
continuous process improvements had reduced total cost of ownership in millions
of US dollars and supported business units and divisions attaining cost and revenue
goals. Advanced English level and computer knowledge.
Javier De La Vega,
Tax Partner, PwC Peru
Javier de la Vega is a Partner of our Tax and Legal Department, with more than
17 years of experience advising foreign companies interested in investing in Peru.
He has offered advice to a significant number of companies in different industries,
such as: construction, mining, energy, hydrocarbons, communications, bank
and infrastructure. During 2010 through 2013, he worked as a Corporate Tax
Manager for Anglo American, where he was in charge of the activities concerning
tax consulting, determination of tax liabilities, financial planning, financial model
assessment and structuring of international operations for the large scale mining
sector.
Carolyn Iacobelli,
Tax Director, PwC USA
Carolyn B. Iacobelli is a tax director in the PricewaterhouseCoopers Phoenix office
with more than eleven years of experience in public accounting. She has been in
the Phoenix office and part of the core mining practice for six years. Prior to that,
she was a member of PwC’s Quantitative Solutions team in San Jose, CA, which
specializes in complex tax calculation and modeling, including Domestic Production
Activities Deduction calculations. In her current role she manages tax services
including compliance, consulting, and tax provisions for various companies. She has
been an instructor at the PwC America School of Mines since 2009 and also instructs
PwC ASC 740 intermediate trainings.
Pablo Saravia,
Assurance Partner, PwC Peru
21 years of experience in auditing companies in a wide range of industries such as
industrial, mining, construction and services. He has taken part in financial and
operating audit engagements, leading special reviews, due diligences and providing
financial and operational advisory services.
James Terry,
Assurance Senior Manager, PwC USA
James is an Assurance Senior Manager based out of Denver and has over a decade
of experience in integrated audits of public mining companies, with a focus from
day one on Sarbanes-Oxley 404 compliance, and global coordination efforts. James
has worked on first-year engagements, SOX implementation projects, revision and
restatement work, as well as various debt and equity offering activities. James
has focused exclusively on clients in the mining industry, but has also worked on
clients in other industries, including banking, satellite imagery, and utilities. James
is a key member on these integrated audit engagement teams, where he provides
internal control accounting and financial reporting advice in both US GAAP and
IFRS, for various regulatory filings under both the 1933 and 1934 Acts. James is a
licensed CPA in the state of Colorado, receiving his Bachelor of Laws from Sussex
University in England and both his Masters in Business Administration and Masters
in Accountancy from the University of Denver in Colorado.
Abraham Chahuan,
President and Chief Executive Officer, Compañía Minera Antamina S.A.
Abraham Chahuan is the President and Chief Executive Officer of Compañía
Antamina S.A., the leading mining company in Peru and one of the most important
copper producers in the world. Abraham Chahuan is a Metallurgical Engineer
graduated from Universidad Nacional San Agustin (Arequipa – Peru), and holds a
Master Degree in Metallurgy by the Universidad Politecnica de Madrid.
Abraham Chahuan has over 30 years of experience in the mining sector. In 2012, Mr.
Chahuan was selected as one of the 50 Best Performing CEOs in Latin America by the
prestigious publication Harvard Business Review. In 2013 Mr. Chahuan presided the
31st edition of PERUMIN, the most specialized mining event in the country. From
2013 to 2015, Mr. Chahuan served as Vice President – Mining at the SNMPE (Mining
and Petroleum Society of Peru).
Raúl Benavides,
Vicepresident and Manager of Business Development, Compañía de Minas
Buenaventura S.A.A.
Raúl Benavides Ganoza has been Vice President Business Development of Compañía
de Minas Buenaventura S.A.A. since 1992. He is also a member of the Executive
Committee of Yanacocha, board member of Cerro Verde and board member of
several related companies. Former President of the Instituto de Ingenieros de Minas
del Perú (1996-1998) and Chairman of the XXVI Mining Convention (2003). He
was also President of the Instituto de Seguridad Minera del Perú (Mining Safety
Institute of Peru) and of TECSUP Arequipa. He has been Professor of Mining Section
at Pontificia Universidad Católica del Peru. Currently President of CETEMIN - Centro
Tecnológico Minero (Mining Technology Center), of Association Los Andes de
Cajamarca-ALAC and CITE JOYERIA Koriwasi. In addition Mr. Benavides is also
Director of the Mining Safety Institute of Peru, TECSUP and CEDRO. Mr. Benavides
received a B.S. in Mining Engineering from the University of Missouri Rolla in 1980,
an M.S. in Mineral Engineering Management from Pennsylvania State University in
1984 and completed the Advanced Management Program at The Harvard Business
School in 2001.
Don MacDonald,
Chief Financial Officer, KGHM International Ltd.
Don has been the Chief Financial Officer at KGHM International Ltd (formerly
Quadra FNX Mining Ltd.) since August 16, 2010. Mr. MacDonald has over 25 years
of experience in mine development, operation and financing. Mr. MacDonald has
been involved in the operation or development of ten mines in North and South
America, the completion of mine financings totaling over US$2 billion and multiple
merger and acquisition transactions. He served as the Chief Financial Officer of
NovaGold Resources Inc. from 2003 to 2010. He served as the Chief Financial Officer
for a public biotech company from 2001 to 2003, De Beers Canada Mining (formerly
Winspear Diamonds) from 1999 to 2001 and Dayton Mining from 1991 to 1999
and Vice-President Finance of Granges Inc. from 1983 to 1991. Mr. MacDonald is
a Chartered Accountant and holds Bachelor’s and Master’s degrees in Engineering
from Oxford University.
Alonso Segura,
Minister of Economy and Finance
Alonso Segura Vasi. Economist graduated from Pontificia Universidad Católica del
Perú. He has a master’s degree and doctoral studies in Economics from the University
of Pennsylvania – United States. He has been Chief of Cabinet of Advisors - Ministry
of Economy and Public Finances; Chairman of the Special Committee on Public
Investment Projects - Private Investment Promotion Agency - PROINVERSION and
Director of the Financial Cooperation of Development – COFIDE. He has also been
Chairman of the specialized team of investment, which is engaged in identifying and
facilitating the investment.
He has previously been Manager of economic studies and investment strategies Banco de Crédito del Perú; Advisor of the Executive Director for the association of
the Southern region and Official of the Department of public finance - International
Monetary Fund, among others.
He has also performed research activities on Grupo de Análisis para el Desarrollo
- GRADE. Professor in Master of Finance – Universidad del Pacífico and Pontificia
Universidad Católica del Perú. He has also provided specialized courses for Banco
Central de Reserva and the Peruvian bank, insurance and pension fund regulator
(Superintendencia de Banca, Seguros y AFP).
Contacts
Argentina
Leonardo Viglione
PwC Argentina Mining Leader, Audit and Assurance
[email protected]
Phone: +54 (11) 4850 4690
Brazil
Ronaldo Valiño
PwC Brazil Mining Leader Consulting
[email protected]
Phone: +55 (21) 3232 6015
Chile
Colin Becker
PwC Chile Mining Leader, Advisory
[email protected]
Phone: +56 (2) 940 0477
Colombia
Carlos Miguel Chaparro
PwC Colombia Mining Leader, Tax
[email protected]
Phone: +57 (1) 634 0506
Mexico
José Almodóvar
PwC Mexico Mining Leader, Assurance
[email protected]
Phone: +52 (55) 5263 6000 ext 7082
Peru
Fernando Gaveglio
PwC Peru Assurance Leader
[email protected]
Phone: +51 (1) 211 6500 ext 7002
Orlando Marchesi
PwC Peru Tax Leader
[email protected]
Phone: +51 (1) 211 6500 ext 8045
Alfredo Remy
PwC Peru Mining Leader, Advisory
[email protected]
Phone: +51 (1) 211 6500 ext 2060
Canada
John Gravelle
CA
Global Mining Leader, Toronto
[email protected]
Phone: +1 416 869 8727
Arturo Lopez
CPA, CISA
Partner, Toronto
[email protected]
Phone: +1 416 941 8219
Calum Semple
Partner, Global Mining Consulting Leader, Toronto
[email protected]
Phone: +1 416 815 5325
Jim Moraga
Partner, Latin America Mining
[email protected]
Phone: +51 (1) 211-6500 ext 2080
United States
Stuart Absolom
PwC US Mining Leader
[email protected]
Phone: +1 (720) 931 7246