2023-05-17 02:03:51
As announced earlier this month, Roberto Huby Guerra assumes today, Wednesday May 17, the General Management of Volcano Mining Company, replacing Carlos Francisco Fernández, who spent five years in the company and the last two as General Manager.
Huby is an industrial engineer graduated from the Catholic University of Peru and has an MBA from The Wharton School of business at the University of Pennsylvania, United States.
In addition, he has more than 15 years of experience in the mining sector, holding positions as General Manager of South America Corporate Affairs of the Copper Division at Glencore and member of the boards of directors of the mining companies Antamina, Antapaccay, Collahuasi, PolyMet, and Minera Agua Rica Alumbrera, among others.
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“In recent weeks, together with Carlos Francisco, we have held various meetings with the company’s leaders in order to carry out an orderly and planned transition as appropriate in these cases. I am fully confident that, with the commitment and human talent of the team that we have in Volcanowe will achieve the objectives set”pointed out Roberto Huby during his official presentation.
Likewise, the new executive thanked his predecessor Carlos Francisco Fernández on behalf of the company for the achievements obtained during his tenure:
- Zinc production increased from 167,000 fine tons in 2020 to 225,000 in 2022 (35%), lead production went from 41,000 fine tons in 2020 to 55,000 in 2022 (34%), and plata it reached 14.3 million fine ounces in 2022, 2.2 million more than in 2020 (18%).
- A record investment in Brownfield and Greenfield exploration in 2022 of US$30.6 million, far exceeding the figures for 2021 (US$13.3 million) and 2020 (US$6.4 million).
- During 2022, a total of 26,000 meters of diamond drilling was carried out in the Esperanza body, which allowed raising the resources in this potential body (34 million) to inferred resources for a total of 27 million.
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- In 2022, the Ebitda it was US$299 million while in 2020 it was US$164 million, which represents an increase of 82%.
- Reduction of US$ 110 million of the company’s total debt, as a result of the repurchase of bonds in 2022.
- Strengthening of occupational health and safety management: no fatalities in almost three years in the operations of Volcano. Between 2020 and 2022, the accident frequency rate and the severity rate were reduced by 8.7% and 86.5%, respectively.
- Excellent relations with the communities, which has meant that there have been no strikes or social blockades during the administration, despite the difficulties the country went through.
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