Board of Directors

Klaus Zeitler

Director and Chairman

Dr. Zeitler received his professional education at Karlsruhe University from 1959 to 1966 and obtained a PHD in economic planning. Dr. Zeitler is a member of the Canadian Institute of Mining and Metallurgy and the Prospectors and Developers Association. Dr. Zeitler financed, built and managed base metal and gold mines worldwide (Europe, Africa, North America, South America, Pacific) with a total investment value of $4 billion.

Dr. Zeitler was a managing director of Metallgeschaft AG, a German metals conglomerate and in 1986 founded and was a director and CEO of Metall Mining, later Inmet, a Toronto Stock Exchange listed company with assets of over $1 billion and base metal and gold mines in different parts of the world. After having been a director of Teck and Cominco for many years, Dr. Zeitler joined Teck in 1997 as Senior Vice President and had responsibilities for the exploration and development of mines in Peru, Mexico and the USA. Since his retirement in 2002 from Teck Cominco and in addition to being President and a director of Amerigo, Dr. Zeitler has been actively involved as a director in various junior base and precious metal companies.

Eduardo Covarrubias


Mr. Covarrubias holds a degree in chemical and industrial engineering from the Catholic University of Chile (1989), and a Master of Science in Management from the Massachusetts Institute of Technology (MIT), Sloan School of Management (1993). Mr. Covarrubias has been overseeing the mining interests of Turnbrook Corporation prior to the recent consolidation of ownership of the Vizcachitas project. Mr. Covarrubias was a banker with the Chase Manhattan Bank for almost a decade, covering the mining sector in Chile. He was based in New York and Santiago and his responsibilities included project financing, structured finance and mergers and acquisitions transactions.

Gonzalo Delaveau


Mr. Delaveau is a lawyer graduated from the Catholic University of Chile. He has been professor of Modern Contracts at the Magister postgraduate program of the Universidad Catolica de Chile and of Regulated Markets at the Magister postgraduate program of Universidad del Desarrollo. He is also member of the International Bar Association and the American Bar Association. Chambers and Partners has distinguished Mr. Delaveau in the areas of Natural Resources, Energy, M&A and Capital Markets.

Mr. Delaveau is a senior partner at Honorato Delaveau & Cia. Prior to that he worked at Aninat Schwencke & Cía. for two years. Before Aninat Shwencke & Cía, he was a partner for 12 years at Guerrero, Olivos, Novoa y Errázuriz. . He has specialized in complex and innovative corporate transactions, finance and trade, both in Chile and abroad, and in the development of projects related to energy, mining, natural resources and public concessions.

Francis O'Kelly


Mr. O’Kelly is a graduate of the Royal School of Mines, London. He has worked in metalliferous mining throughout the Americas, having previously being employed by Exxon, Anaconda and Rosario Mining Co. He also has served as an officer of JP Morgan and a partner of Elders Finance and acted in the capacity of a director of Glamis Gold, Alamos Gold, Northgate, Campbell Mines and Rayrock Resources. Mr O’Kelly currently is an independent financial and technical consultant based in Santiago Chile.

Francisco Covarrubias


Mr. Covarrubias holds a degree in Agricultural Engineering and a Bachelor of Science in Agro Resources. He also holds an MBA from the University of Melbourne. Mr. Covarrubas is an entrepreneur, founder and CEO of Hand, a moving and transportation services company. Prior to Hand, he worked with Acfin, the largest master servicer for asset-backed securities in Chile and a leading player in the Mexican market. Prior to Acfin, he worked with Australia Trade Commission expanding and promoting Australian business interests in Chile. Mr. Covarrubias began his career in the agri-business sector working with the Conosur winery and Chiquita brands.

Paul Miquel


Mr. Miquel holds a degree in Mathematics applied to Social Sciences, and a degree in Economics from the Universidad de Chile. He has been working in international investment banking since 1990. He has been Country Head for Chile, Peru and Colombia for Societe Generale, Director for Sudameris (Intesa BCI Group), and Country Head for Venezuela and Chile for BNP Paribas.

During the last 15 years, Mr. Miquel has been working in structuring, negotiating and distributing some of the major transactions in the energy and mining sectors, for multinational and local groups and governments, in South America.

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