Codelco informs CMF Chile that Álvaro García González, Vice President of Technology and Process Automation, will leave the Corporation. José Ramón Abatte Pérez will take over as interim Vice President on May 20, 2023.
Codelco Chile informs the Financial Market Commission that it will temporarily close the Ventanas Division Smelter and move forward with its definitive closure, following the enactment of Law No. 21.546. The operation presents high socio-environmental risks and instability in its operation. The implementation of the temporary closure generated accounting adjustments for 137 MUSD of losses recorded in the 2022 financial statements.
CODELCO informs CMF Chile that at its Ordinary Shareholders' Meeting the Annual Report, Balance Sheet and financial statements for 2022 were approved, PwC Chile was appointed as external auditor for 2023, and Moody's, Standard & Poor's, FitchRatings and FellerRate as risk rating agencies for the same period. In addition, El Mercurio was designated as a newspaper for publications and information was provided on operations with related entities and the progress of the company.
Codelco Chile informs the Commission for the Financial Market about the appointments of Gonzalo Lara Skiba as General Manager of Ministro Hales Division and Claudia Cabrera Correa as General Manager of Gabriela Mistral Division, effective June 1, 2023. In addition, Daniel Cavada Vera is appointed as Interim General Manager of Ministro Hales Division until May 31, 2023. (PE-047/2023)
CODELCO modifies the date of convocation for the Ordinary Shareholders' Meeting to May 2, 2023 at 12:00 hrs at the GAM Cultural Center, Santiago, due to commitments by the Minister of Finance. The meeting was originally scheduled for April 28, 2023 at 11:00 a.m.
CODELCO convenes an Ordinary Shareholders' Meeting on April 28, 2023 at 11:00 a.m. at the GAM Cultural Center, Santiago, to discuss issues such as situation review, appointment of external auditors, information on operations with related parties, among others. The 2022 financial statements and report are available on the company's website. The meeting will be broadcast live by streaming.
Codelco Chile informs the Commission for the Financial Market of the appointment of the Legal Counsel, Macarena Vargas Losada, as an essential fact. PE-039/2023.
Summary: Codelco Chile informs the Commission for the Financial Market that the General Manager of the Ministro Hales Division, Francisco Balsebre Olarán, will leave his position on April 29, 2023. This essential fact is communicated in accordance with Law No. 18,045 and General Rule No. 30.
Codelco informs the Commission for the Financial Market that the President of the Republic has appointed Isabel Marshall Lagarrigue and Eduardo Bitrán as new members of the company's Board of Directors. Marshall will replace Patricia Núñez until May 2025, while Bitrán will replace Isidoro Palma until May 12.
Codelco Chile informs the CMF of the death of director Isidoro Palma Penco, a position that will be replaced according to current legislation. His knowledge in corporate matters and his contribution as chairman of the Investment Committee and the Audit, Compensation and Ethics Committee stand out. (PE-26/2023)
Summary: Codelco Chile informs the Commission for the Financial Market that the President of the Republic has appointed Eduardo Bitrán Colodro and Ricardo Álvarez Fuentes as new members of the company's Board of Directors as of May 11. The corresponding decree is in process. (PE-022/2023)
Codelco Chile informs the resignation of Director Patricia Núñez Figueroa to the position of Director of the National Copper Corporation of Chile, according to Decree Law 1,350. ESSENTIAL FACT. PE-021/2023.
Codelco placed international bonds for US$ 900 million with a 10-year term with a yield of 5.133%. The rate represents a spread of 158 basis points over the equivalent term U.S. Treasury bond. The transaction was led by BNP Paribas, Bank of America, Banco Santander and Scotia Capital (USA) Inc.
ESSENTIAL FACT: Codelco - Chile registers Securities Registry No. 785. Nicole Porcile Yanine appointed as Vice President of Corporate Affairs and Sustainability, she will assume the position on December 12, 2022.
Codelco Chile has signed a Collaboration Agreement with the Office of the Comptroller General of the Republic to consolidate and increase progress in probity and resolve the legal divergence that both entities have maintained in Justice for five years. The controlling agency recognizes the significant progress made by the company since the issuance of Final Report No. 900 of 2016, regarding its contracting mechanisms and the modifications in internal regulations.
Summary: Codelco informs Chile's Financial Market Commission that its Vice President of Projects, Marcos Bastías Villablanca, has resigned and will be temporarily replaced by Francisco Carrasco Jerez. As of December 12, Julio Cuevas Ross will assume as the new Vice President of Projects. (PE-131/2022)
Codelco and Colbún S.A. agreed to modify the Electricity Purchase Agreement to gradually transform the energy supply to Codelco into one based on renewable generation. From 2026, Colbún will provide a supply to Codelco only based on renewable energy, for 1.0 TWh per year, until 2044.
ESSENTIAL FACT: Codelco - Chile registers Securities Registry No. 785. Designations as of 10/01/2022: Vice President of Operations North, General Manager of Chuquicamata Division, General Manager of Andina Division and General Manager of Radomiro Tomic Division.
ESSENTIAL FACT: Codelco - Chile informs that the Legal Counsel, Lorena Ferreiro Vidal, will cease to provide services in the Corporation as of today. She will be replaced by Senior Counsel, Susana Rioseco Zorn, who will take over as Interim General Counsel from the same date. (PE-108/2022)
CODELCO informs CMF Chile that its Executive President, Octavio Araneda, will cease to provide services for personal reasons, being appointed as the new Executive President André Sougarret, current Vice President of Operations North. Sougarret will assume the position as of August 29, 2022, although he is currently on medical leave, so Alejandro Rivera Stambuk, Vice President of Administration and Finance, will act as Deputy Executive Chairman. (PD-099/2022)
ESSENTIAL FACT: Codelco registers Securities Registry No. 785. Mary Carmen Llano Aranzasti is appointed as Vice President of Human Resources, she will take office on October 1, 2022.
ESSENTIAL FACT: Codelco Chile suspends operational activities of the Vice Presidency of Projects after the death of two contract workers on site. They will review controls and occupational safety standards to protect the life and integrity of workers. Suspension does not affect production.
Codelco updates reserved essential fact reported on 07/01/22 to the CMF, lifting the reservation of the information communicated as a reserved fact, regarding the agreement adopted by the Board of Directors in a meeting held on 06/30/22, to authorize the signing of the contract to build a desalination plant for its operations in Chuquicamata, Radomiro Tomic and Ministro Hales, a project that involves an investment of more than US $ 1,000 million and the generation of employment for up to 2,700...
The National Copper Corporation of Chile informs the Commission for the Financial Market that the President of the Republic has appointed Alejandra Wood Huidobro and Nelson Cáceres Hernández as directors of the company. The corresponding decree is in process. (PE-051/2022)
CODELCO informs CMF Chile that the Ministry of Mining withdrew the appointment of Pamela Chávez to the company's Board of Directors for administrative reasons. (PE-050/2022)
Codelco informs the Commission for the Financial Market that two of its vice-presidents will leave their functions. Renato Fernández Baeza and Marcelo Álvarez Jara will maintain their positions until September 30, 2022. (PE-049/2022)
Codelco informs CMF Chile that at its Ordinary Shareholders' Meeting the financial statements for 2021 were approved, PwC Chile was appointed as external auditor for 2022, and Moody's, Standard & Poor's, FitchRatings and FellerRate as risk rating agencies for the same period. In addition, the Diario Financiero was designated as the printed medium for Codelco's publications and the activities of the Directors' Committee and the Annual Progress Report of the 2022 Business and Development Plan...
CODELCO informs the Commission for the Financial Market of Chile that the date of the call for the Ordinary Shareholders' Meeting has been modified to April 29, 2022 at 09:00 hours at the offices of the Vice Presidency of Projects of Codelco, located at Av. Libertador Bernardo O'Higgins (Alameda) N° 1449, Santiago Downtown Building, Tower 2, 8th floor, commune and city of Santiago. (PE-037/22)
CODELCO convenes an Ordinary Shareholders' Meeting on April 26, 2022 to discuss issues such as the company's situation, appointment of external auditors, information on operations with related parties and the Business and Development Plan. The meeting will be held at the offices of Codelco's Vice Presidency of Projects, but it can also be held remotely due to the COVID-19 contingency. The financial statements and the 2021 Annual Report are available on Codelco's website.