Presentation is loading. Please wait.

Presentation is loading. Please wait.

Corporate Presentation March 2012 “Leading by Example”

Similar presentations


Presentation on theme: "Corporate Presentation March 2012 “Leading by Example”"— Presentation transcript:

1 Corporate Presentation March 2012 “Leading by Example”

2 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Cautionary Statement 2 Certain statements contained in this presentation may constitute forward-looking statements. These statements relate to future events or the future performance of Rio Alto Mining Limited (“Rio Alto”). All statements, other than statements of historical fact, may be forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", “propose”, "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward- looking statements. Rio Alto believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this presentation should not be unduly relied upon by investors as actual results may vary. Unless required to be updated pursuant to securities laws, these statements speak only as of the date of this presentation and are expressly qualified, in their entirety, by this cautionary statement. This Presentation also discloses mineral resources. Mineral resources that are not mineral reserves do not have demonstrated economic viability. In particular, this presentation contains forward-looking statements, pertaining to the following: capital expenditure programs and cash flow estimates; development of deposits, resources and reserves; treatment under regulatory regimes; treatment under taxation regimes or other government financial regimes; expectations regarding Rio Alto’s ability to raise capital; complete the feasibility study for the La Arena sulphide project; work plans to be conducted by Rio Alto, and the production of gold and copper from Rio Alto´s La Arena Project. With respect to forward-looking statements listed above and contained in this presentation, Rio Alto has made assumptions regarding, among other things: the legislative and regulatory environment; the impact of increasing competition; current technological trends; unpredictable changes to the market prices for gold and copper; that costs related to development of the gold and copper properties and the development of gold and copper production projects will remain consistent with historical experiences; anticipated results of exploration and development activities; and Rio Alto’s ability to obtain additional financing on satisfactory terms. Rio Alto’s actual results could differ materially from those anticipated in these forward-looking statements as a result of the risk factors set forth below and elsewhere in this presentation: uncertainties regarding the regulatory regime and the application approval process; volatility in the market prices for gold and copper; uncertainties associated with estimating and developing resources; geological, technical, construction and processing problems; liabilities and risks, including environmental liabilities and risks, inherent in developing gold and copper production projects; fluctuations in currency and interest rates; competition for, among other things, capital, acquisitions of reserves, undeveloped lands and skilled personnel; and unpredictable weather conditions. Rio Alto’s plans and results could differ materially from those anticipated in these forward-looking statements as a result of these risk factors set forth above. Rio Alto recommends that you also review its most recent Annual Information Form and Annual MD&A for a discussion of other material risks that could cause actual results to differ significantly from current expectations. Rio Alto also cautions that mineral resources that are not mineral reserves do not have demonstrated economic viability. Certain technical and scientific information contained in this presentation has been taken from the La Arena Project, Peru - Technical Report (the “July 2010 Report”) with effective date of July 31, 2010, prepared by Coffey Mining Pty Ltd. (“Coffey Mining”) on behalf of Rio Alto Mining Limited or is based upon supporting documentation provided by Coffey Mining. A copy of the Technical Report is available on Rio Alto’s SEDAR profile at www.sedar.com. This presentation also includes updated resource estimates dated effective September 30, 2011 in respect of the oxide and sulphide projects that comprise La Arena Project. A technical report which provides for these updated resource estimates has been filed on Rio Alto’s SEDAR profile. The technical and scientific information contained in this presentation has been reviewed and verified by Mr. Enrique Garay, M Sc., P. Geo (AIG Member), Vice President Geology of Rio Alto, the Qualified Person (as defined by NI 43-101) responsible for managing Rio Alto’s exploration programs and disclosure of drilling results, and by Mr. Ian Dreyer, B.App. Sc. (AUSIMM 305241,CP), a Qualified Person (as defined by NI 43- 101), formerly of Coffey Mining, who designed and reviewed Rio Altos’ Quality Control and Assurance Program and prepared the updated resource estimates.www.sedar.com

3 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Capital Structure 3 TSX: RIO BVL: RIO OTCQX: RIOAF Frankfurt FSE: MS2 Shares Issued (Feb 2012): 171.2 million Warrants Outstanding 1.9 million 1,500,000 @ C$ 0.30 (IAMGOLD exp. June 25, 2012) 462,990 @ C$ 2.05 (Broker warrants exp. Jan 2013) Options Outstanding: (Av. Exercise Price – C$ 2.03) 10.1 million Fully Diluted: 183.2 million as at 02/02/2012 Share Price: C$ 4.50 Market Cap (issued capital): approx C$ 770 million 35% - Peru 28% - Canada / Europe 15% - Sentry Capital 9% - Management 7% - JP Morgan 6% - IAMGOLD

4 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Gold Prepayment Facility 4 First TrancheSecond tranche AmountUS$25 million Term 40 months Started July 2011 31 months Commencing April 2012 Repayment Status (as at 31/01/12) 36,800 ozs at 575 ozs per month; then 24 months at 1,150 ozs per month 10,350 ozs repaid 26,450 ozs balance 24,512 ozs at 791 ozs per month 6,326 ozs repaid 18,186 ozs balance Payments for both First and Second Tranches have been made through to December 2012

5 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Board of Directors 5 Dr. Klaus Zeitler | Chairman, Director Alex Black | President & CEO, Director Tony Hawkshaw | CFO, Director Victor Gobitz Colchado | COO, Director Drago Kisic Wagner | Director Sidney Robinson | Director Dr. Roger Norwich | Director Ram Ramachandran | Director Daniel E. Kenney | Corp. Sec. Biographies are included in the appendix to this presentation

6 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Share Price Performance & History 6 ANALYST COVERAGE GMP SecuritiesGeorge Albino +1 416 943 6187 CIBC World Markets Inc.Ian Parkinson +1 416 956 6169 Scotia CapitalMark Turner +1 416 863 7484 Clarus Securities IncMike Bandrowski +1 416 343 3352 Stonecap Securities IncChristos Doulis +1 416 342 9992 Kallpa Securities SABMaria Belen Vega +51 1 627 5220 Loeb Aron & Company LimitedJonathan Richards +44 207 628 1128 C$8.5M @ C$0.75 / share C$7.7M @ C$0.76 / share C$20.3M @ C$1.68 / share C$57.5M @ C$2.05/ share C$6.1M @ C$0.36 / share EIA approved Gold Prepayment Facility Negotiated RIO lists on TSXV RIO lists on BVL First Gold Production 30 day moving average 90 day moving average Resource Update

7 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Asset Portfolio 7 Rio Alto Mining – 27,000 hectares La Arena Project – 1000 hectares Measured & Indicated:3.9 M oz Au & 2.0 Bn lbs Cu Inferred:2.2 M oz Au & 2.1 Bn lbs Cu numbers rounded – updated Jan 2012 Oxides (720 ha) Au Only 57M mt Reserve Au Grade: 0.44 g/t Au Prod: 634k oz - 7 yrs 50K -60Koz in 2011 100K oz/yr 2012-2017 Capex: $ 51M (incl. IGV) July 2010 Report Sulphides Cu & Au 187M mt Reserve Cu Grade:0.4% Au Grade:0.3 g/t Cu Prod:60M lbs/yr Au prod: 31K oz/yr Mine Life: 21 yrs Capex:$ 300M (incl. IGV) July 2010 Report Exploration Targets 26,000 hectare package Targets: Astrid Agua Blanca La Florida Maria Angola Cerro Colorado San Andres Sulphides : 31K Au Oz & 60M lbs Cu/Yr from 2015 to 2035 at 24,000 tpd throughput Oxides: 51K Au oz 2011, 100+K Au 0z from 2012-2017 201120162017 Production Timeline – July 2010 Report …. 2035

8 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 First gold oxide production achieved May 6, 2011 634K oz gold projected over 7 years (July 2010 Report projection) Mine production at 24,000 tpd – expansion to 36,000tpd by H2, 2012 Potential value lift from sulphide feasibility study – timing: H1, 2013 La Arena Cu/Au sulphide feasibility study drilling continues Cu & Au production from sulphides projected for 2016 Multiple gold oxide targets, some with reconnaissance drilling Refer to Coffey Mining Technical Report conclusions section 1.13 Why Invest in Rio Alto? 8

9 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena – Social & Community 9

10 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena - Location 10 Located in a gold mining district in north central Peru 3.5 hour drive from Trujillo, on mostly paved road Land package – approx 27,000 ha Altitude 3,400m above sea level 18 km east of Barrick´s Lagunas Norte Gold Mine 10km north of La Virgen Gold Mine owned by Cia Minera San Simon Strong community support No agriculture Excellent infrastructure

11 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena - A Mining District 11 Source: Public Domain Information

12 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena - Project Description 12 Advanced mid-sized gold & copper / gold development project IAMGOLD/Cambior spent $34 M exploring for gold, completing 60,000m in diamond drilling Rio Alto paid IAMGOLD $49.0 M to acquire 100% of La Arena Conventional oxide dump leach (ROM), sulphide flotation / concentration and low cost mining Known mining district with excellent infrastructure Low cost gold production, low capital Cash flow from gold oxides – first production achieved May 6, 2011 Low start-up capital ($ 51 M incl. IGV) for ROM oxide gold oxide project Expansion from 10,000 tpd to 24,000 tpd ore to pad completed Expansion to 36,000 tpd ore to pad scheduled for H2, 2012 Expansion capex, 2012 - $ 25 million Upside potential from exploration Potential for expansion of resources & reserves

13 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Resource in accordance with NI 43-101 – updated January 2012: 13 La Arena - Resources Resource Classification MtAu (g/t) Cu (%) Ag (ppm) Mo (ppm) Au ('000 Oz) Measured 9.8 0.67 0.01 0.6 6.9 210 Indicated 76.9 0.46 0.01 0.5 6.5 1,136 Measured+Indicated 86.7 0.48 0.01 0.5 6.6 1,346 Inferred 9.0 0.28 0.01 0.5 6.7 82 Resource Classification MtAu (g/t) Cu (%) Ag (ppm) Mo (ppm) Au ('000 Oz) Measured 0.5 0.66 0.06 0.7 36.0 11 Indicated 13.5 0.29 0.06 0.6 41.4 127 Meas+Indicated 14.0 0.31 0.06 0.6 41.2 138 Inferred 1.4 0.18 0.06 0.6 55.7 8 Resource Classification MtAu (g/t) Cu (%) Ag (ppm) Mo (ppm) Au ('000 Oz) Measured 10.3 0.67 0.01 0.6 8.3 221 Indicated 90.4 0.43 0.02 0.5 11.7 1,263 Meas+Indicated 100.7 0.46 0.02 0.5 11.4 1,484 Inferred 10.4 0.27 0.01 0.5 13.1 90 Resource Classification MtAu (g/t) Cu (%) Ag (ppm) Mo (ppm) Au ('000 Oz) CuEq(%) Cu (000's lbs) Indicated 312.7 0.24 0.29 0.7 42.9 2,422 0.48 2,007,000 Inferred 319.7 0.20 0.30 0.6 46.1 2,075 0.46 2,134,000 Oxide Mineral Resource – Low Copper (Cu =0.1 g/t) Oxide Mineral Resource – High Copper (Cu 300ppm – 1000ppm ; Au>=0.1 g/t) Oxide Mineral Resource – Total Sulphide Mineral Resource The January 2012 resource estimate was prepared in conformity with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). This estimate is incorporated in a National Instrument 43-101 Technical Report with an effective date of September 30, 2011 filed on SEDAR. Mr. Ian Dreyer, B.App. Sc. (AUSIMM 305241,CP), a Qualified Person (as defined by NI 43-101) of Andes Mining Services S.A.C., prepared this updated resource estimate.

14 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena - Project Description (cont.) 14 Stage 1 (Oxide Au) – July 2010 Report Pre-tax NPV(8) US$ 354 M, IRR of 256% @ US$ 1,500 / oz Au Pre-tax NPV(8) US$ 482 M, IRR of 332% @ US$ 1,800 / oz Au Process rate: 10,000 t/day - year 1 24,000 t/day - year 2 to 7 Start-up capex US$ 51 M incl. refundable IGV tax, incl. working capital and contingency LOM capex: US$ 90 M incl. IGV (projected) LOM cash cost US$ 508 per oz Au LOM strip ratio 1.37 : 1 Oxide gold production: first gold pour May 6, 2011 (1,115 oz) 2011 – achieved production of 51,398 oz Au 2012 – 2017 projected production approx 96,000 oz to 120,000 oz / yr 2018 projected production approx 35,000 oz Au Stage 2 (Cu/Au/Mo Sulphides) – July 2010 Report Un-optimized Pre-tax NPV(8) US$ 835 M, IRR of 45% @ US$ 1,500 / oz Au, US$ 3.00 / lb Cu Pre-tax NPV(8) US$ 1,175 M, IRR of 60% @ US$ 1,800 / oz Au, US$ 3.50 / lb Cu Process rate: 24,000 t/day – years 4 to 25 Start-up capex US$ 300 M incl. refundable IGV tax, incl. working capital and contingency LOM cash cost US$ 1.10 per lb Cu incl. Au credit LOM strip ratio 1.1 : 1 Sulphide gold & copper production projected for 2015: approx 60 M lbs Cu / yr and 31,200 oz Au / yr molybdenum production possible - subject to feas. study oxide sulphide Stage 1 & 2 After Tax (July 2010 Report) NPV(8) US$ 688 M @ US$ 1,500 / oz Au, US$ 3.00 / lb Cu NPV(8) US$ 944 M @ US$ 1,800 / oz Au, US$ 3.50 / lb Cu

15 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena - Project Description (cont.) 15 July 2010 Report Pit Outline Sulphide Core Oxide Core

16 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena - Oxide Deposit 16 Layout from July 2010 Report

17 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena - Oxide Deposit (cont.) 17 Gold Oxide – Metallurgical Testwork (feasibility level) PILOT SCALE COLUMN LEACH TEST RESULTS CALAORCO PIT ETHEL PIT Recovery (Au) 84% 93% Leaching (Days ) 30 30 Granulometry ROM ROM Grade Au (g/TM): 1,29 0,64 Cyanide (Kg/TM): 0,1 0,1 Lime (Kg/TM): 1,5 0,8 Density of mineral: 1,69 1,69 PILOT SCALE COLUMN LEACH TEST RESULTS CALAORCO PIT ETHEL PIT Recovery (Au) 84% 93% Leaching (Days ) 30 30 Granulometry ROM ROM Grade Au (g/TM): 1,29 0,64 Cyanide (Kg/TM): 0,1 0,1 Lime (Kg/TM): 1,5 0,8 Density of mineral: 1,69 1,69 Photo - Feb 2012

18 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Expansion to 36,000 tonnes per day underway La Arena - Oxide Deposit (cont.) 18 Calaorco Pit Leach Pad Ethel Pit PLS Pond Process Plant

19 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 24,000 tpd expansion completed – 36,000 tpd by H2, 2012 La Arena - Oxide Deposit (cont.) 19

20 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena - Oxide Deposit (cont.) 20 Calaorco Pit Taking Shape – Feb 2012 Leach Pad – Feb 2012

21 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Sulphide Feasibility Study underway ; Hatch lead engineer Current timing for FS completion – H1 2013 187M tonne reserve grading 0.38% Cu, 0.29 g/t Au (July 2010 Report) Projected 21 year life of mine at 24,000 tpd throughput (July 2010 Report) Clean copper concentrates with a gold credit Projected Production - 60M lbs of copper and 31,200 oz of gold annually (July 2010 Report) Upside potential from exploration as a number of drill holes ended in mineralization (ore body open in all directions) Opportunities to increase both Cu & Au recoveries and possible molybdenum recovery La Arena - Sulphide Deposit (un-optimized) 21

22 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Sulphides – Metallurgical Testwork (unoptimized) July 2010 Report La Arena - Sulphide Deposit (cont.) 22 Copper Recovery * 88% Copper Concentrate Grade 28% Gold Recovery ** 40% Moly. Recovery (av.) *** 35% to 60% Bond Work Index 7.8kWh/t ( Low) Abrasion Index 0.0926 (Low) ____________________________ *Opportunity to increase copper recovery **Opportunity to increase gold recovery ***Opportunity to produce moly conc. Copper Recovery * 88% Copper Concentrate Grade 28% Gold Recovery ** 40% Moly. Recovery (av.) *** 35% to 60% Bond Work Index 7.8kWh/t ( Low) Abrasion Index 0.0926 (Low) ____________________________ *Opportunity to increase copper recovery **Opportunity to increase gold recovery ***Opportunity to produce moly conc. Clean Concentrate Production

23 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena - Sulphide Deposit (cont.) 23 6650 N 2012

24 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena - Sulphide Deposit (cont.) 24 6800 N 2012

25 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena – Geology (Au) 25 July 2010 Report – Reserve Pit Shell

26 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena – Alteration (Au) 26 July 2010 Report– Reserve Pit Shell

27 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena – Geology (Cu) 27 July 2010 Report – Reserve Pit Shell

28 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena – Alteration (Cu) 28 July 2010 Report – Reserve Pit Shell

29 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 La Arena – Cu/Au Sulphide Exploration 29 Agua Blanca copper anomaly (approx 3km x 2km) – not drilled 3 Cu Porphyry Targets La Arena – Inferred resource conversion, edge definition & depth potential El Alizar – 12 drillholes by Cambior

30 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 27,000 ha with multiple gold oxide exploration targets La Arena - Au Oxide Exploration 30

31 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Appendix - Directors 31 Dr. Klaus Zeitler, Chairman of the Board, Director 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 throughout the world (Europe, Africa, North America, South America, and Pacific Region) 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 from Teck Cominco in 2002, and in addition to being President and a director of Amerigo Resources Limited, Dr. Zeitler has been actively involved as a director in various junior base and precious metal companies. Alex Black, President & CEO, Director Alex Black lives in Lima, Peru and has over 30 years experience in the mining industry. Mr. Black holds a BSc in Mining Engineering from the University of South Australia and is a member of the Australasian Institute of Mining and Metallurgy. Prior to moving to Peru in 2000, Mr. Black was the founder and Managing Director of international mining consulting services group Global Mining Services from 1994 to 2000. In 1996, Mr. Black also founded and was Chairman of OFEX listed AGR Limited with exploration projects in Ghana and Mongolia. In 2002, Mr. Black took control of Chariot Resources Limited as a listed TSXV shell and played a key role in the acquisition of the Marcona Copper Project and formation of the Korean joint venture with Chariot Resources. Upon his resignation as Chairman & Executive VP of Chariot Resources in 2006, Mr. Black returned to Peru and founded the Peruvian registered Rio Alto S.A.C. Mr. Black was the Chief Executive Officer, President and a director of Rio Alto prior to the acquisition of the company by Mexican Silver Mines (since renamed Rio Alto Mining Limited).

32 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Appendix - Directors (cont.) 32 Anthony Hawkshaw, CFO & Director For 29 years Anthony Hawkshaw was a Chartered Accountant and holds a Bachelor Degree in Business Management from the Ryerson University in Toronto. From 2005 to 2007, Mr. Hawkshaw was the CFO of Grove Energy Limited, a London and Toronto listed oil and gas development company. In 2004, Mr. Hawkshaw was the CFO of Chariot Resources Limited for a period of 12 months. Prior to Chariot, Mr. Hawkshaw was CFO of Pan American Silver Corp. from 1995 to 2003. With more than 25 years experience in the mining industry in countries including Canada, the United States, Mexico, Russia and Peru, Mr. Hawkshaw has extensive experience in the marketing of metals in refined and concentrate form throughout the world and in metals trading. He has arranged numerous debt, equity and convertible debt financings with institutional investors, commercial banks and multilateral lending agencies. Mr. Hawkshaw is also a director of TSXV listed Caza Gold. Victor Gobitz Colchado, COO & Director Mr. Gobitz is a Mining Engineer who received his professional education at the Pontificia Universidad Católica del Perú from 1981 to 1986 and obtained a Masters degree in Business Administration (MBA) from Escuela de Administración de Negocios – ESAN in 1998. Mr. Gobitz sits on the Boards of Directors of two public mining companies listed on Bolsa de Valores de Lima, Volcan Compañía Minera and Castrovirreyna Compañía Minera. Mr.Gobitz has extensive experience in the start up and expansion of mining projects and currently a board member of Corporación Minera Castrovirreyna, Director of the Peruvian Mining Safety Institute – ISEM and Member of the Board of the Peruvian Corps of Engineers, Chapter of Mining Engineers - CIP. Sidney Robinson, Director Mr. Robinson is a retired Senior Partner of Torys LLP, Toronto and New York, who practised corporate/commercial law, with emphasis on financings, mergers and acquisitions and international projects. He represented business clients based in Canada, France, Germany, Italy, Japan, Sweden and the United States. In his practice, Sidney acted as strategic and legal advisor to senior management and Boards of Directors. Mr. Robinson currently sits on the Boards of Directors of two public companies listed on the Toronto Stock Exchange, Amerigo Resources Inc. and Chartwell Seniors Housing Real Estate Investment Trust and one private company, Butterfield & Robinson Inc. He has served on the Boards of Directors of a number of public and private Canadian and U.S. companies including the Boards of Directors of AGIP Canada Ltd., BMW Canada Inc., C.I. Fund Management Inc., Loring Ward International Inc., Inmet Mining Corporation, Purolator Courier Ltd. and Pelmorex Media Inc. (The Weather Network).

33 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Appendix – Directors (cont.) 33 Drago Kisic Wagner, Director Drago Kisic Wagner holds a B.S. from Pontificia Universidad Católica del Perú and a Masters degree (B-Phil) from Oxford University. As a founding partner and current Director of MACROCONSULT and MACROINVEST, Mr. Kisic advised the Government of Peru during the privatization of Centromin, Minero-Peru, Hierro-Peru and Peru’s telephone and telecommunications companies CPT and ENTEL-Peru. Mr. Kisic is a member of the board of SIA (a cement company); Mapfre and Mapfre Peru Vida (insurance companies); Haug (a steel contractor); Corporación Rey and Teditex (textile related companies); and Banco Financiero (a commercial bank). Currently, he is President of the Peruvian Institute of Economics and Politics and Bodega San Nicolás and is a member and former President of the Peruvian Center for International Studies (CEPEI) and the Peruvian Institute of Business Management (IPAE). Drago was advisor to the Executive Director of the World Bank, and was President of CONASEV (the Peruvian securities and companies’ regulatory authority) and Vice-president of the Lima Stock Exchange (BVL). Mr. Kisic was the former head of the Economic Office and Manager of the Balance of Payments & External Sector Bureau of Peru’s Central Reserve Bank and a former member of the Advisory Committee of the Ministry of Foreign Affairs. He was also the Head of the Border Integration Team during the peace negotiations between Peru and Ecuador, ten years ago. Dr. Roger Norwich, Director Dr. Roger Norwich a dual graduate of Manchester University worked as an oil exploration Geologist for Texaco after graduation and gained experience in the North Sea, the Gulf of Mexico and the Permian Basin. Having served as Chairman of a London AIM listed oil and gas exploration company he was a founding Director of TSX-V listed Mexican Silver Mines and subsequent to the take over and merger with Rio Alto Mining has remained on the Board as an Independent Director. Dr. Norwich is non-Executive Chairman of Grupo Minero Panuco based in Mexico with extensive Copper, Gold and Molybdenum production assets.

34 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Appendix – Directors (cont.) 34 Ram Ramachandran, Director Mr. Ramachandran has over 25 years of financial reporting experience in a multitude of capacities. During the past 10 years Ram has consulted extensively on financial reporting and regulatory matters for public companies, accounting and law firms. Mr. Ramachandran's contributions to the capital markets include authoring and launching the "Canadian Securities Reporter", a proprietary public company subscription service currently available through the CICA's Knotia website. Mr. Ramachandran has previously served as Associate Chief Accountant and Deputy Director, Corporate Finance at the Ontario Securities Commission and served as a senior member in the national office of an international accounting firm. Mr. Ramachandran was also a member of the OSC's Continuous Disclosure Advisory Committee (2004-2007) and has completed the IFRS Certification program offered by the Institute of Chartered Accountants in England & Wales. Mr. Ramachandran originally qualified as a Chartered Accountant in England & Wales and subsequently became a C.A. in Ontario in 1984. Mr. Ramachandran currently serves as a director of White Tiger Gold Ltd. (TSX) and Viper Gold Ltd. (TSXV) and as Chief Financial Officer of CanAlaska Uranium Ltd. (TSXV) and Purepoint Uranium Inc. (TSXV). Daniel E. Kenney, Corporate Secretary Daniel Kenney is a partner in the Calgary office of the law firm of Davis LLP. Mr. Kenney's practice is focused on securities and corporate finance transactions, mergers and acquisitions and corporate governance matters. He has extensive experience with public and private offerings of securities, including initial public offerings, business combinations and restructurings through asset and share acquisitions, plans of arrangements and take-over bids. He also has considerable experience in all dealings with securities regulators including stock exchanges and securities commissions. Mr. Kenney acts for a broad range of issuers listed on the Toronto Stock Exchange and the TSX Venture Exchange as well as for investment dealers in connection with financings and corporate restructuring transactions.

35 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Appendix - Peru Information 35 Peru is the third largest country in South America after Brazil and Argentina at 1.29 million km 2 Population of approx 29 million people, 9 million in Lima, Peru’s political and financial capital Constitutional republic with power balanced between executive, legislative and judicial branches Investment grade of – BBB+ (S&P, www.standardandpoors.com)www.standardandpoors.com – Baaa3 (Moody’s as of May 1, 2011)

36 TSX: RIO BVL: RIO OTCQX: RIOAF FSE: MS2 Appendix – Significant Land Holding 36


Download ppt "Corporate Presentation March 2012 “Leading by Example”"

Similar presentations


Ads by Google