As an aside to mentioning the acquisition of two companies in...

As an aside to mentioning the acquisition of two companies in Chile, MND's Chairman stated, “We have, and will continue to draw on, our Non-Executive Director, Helen Gillies’ wealth of experience in Chile to support this venture."

I do not know the nature of Helen Gillies’s experience in Chile, but experience with copper mines and the Chilean milieu would probably be included. She was a director for Sinclair Knight Merz, and it was heavily involved in the El Teniente mine copper mine there. That mine was nationalised about forty years ago, and it is now run by state-owned CODELCO (Corporación Nacional del Cobre de Chile). CODELCO was which is mentioned in the Announcement, together with other mining companies operating in Chile, which includes BHP.

Apart from Government ownership, El Teniente mine has experienced worker militancy that is usual in Chile. I imagine that firms like Sinclair Knight Merz learned how to make a dollar in Chile by, amongst other things, having good contacts, and charging fees high enough to cover the proclivities of Chileans.