Hot Chili (ASX : HCH) is one of the top copper developers listed on the ASX, with an advanced coastal portfolio in Chile’s Atacama region. In 2021, the company’s flagship Costa Fuego Hub – consolidating the Cortadera porphyry copper-gold deposit, the Productora copper-gold deposit, and the historically producing El Fuego tenements – received a maiden mineral resource of 724Mt at 0.48% CuEq for 2.9Mt copper, 2.7Moz gold, 9.9Moz Silver and 64kt molybdenum.
HCH anticipates further rich news flow in 2022, including an upgrade to the Cortadera mineral resource expected in Q1.
Christian Easterday, Managing Director
Mr Easterday is a geologist with over 17 years experience in the mineral exploration and mining industry. He holds an honours degree in geology from the University of Western Australia, a masters degree in Mineral Economics from Curtin University of Technology and a masters degree in Business Administration from Curtin’s Graduate School of Business. Mr Easterday has held several senior positions and exploration management roles with top-tier gold companies including Placer Dome, Hill 50 Gold and Harmony Gold, specialising in structural geology, resource development and mineral economic valuation. For the past eight years, Mr Easterday has been involved in various aspects of project negotiation. This work has involved negotiations and valuations covering gold, copper, uranium, iron ore, nickel, and tantalum resource projects in Australia and overseas. Mr Easterday is a member of The Australian Institute of Geoscientists.
Murray Edward Black, Non-Executive Director
Mr Black has over 35 years experience in the mineral exploration and mining industry and has served as an executive director and chairman for several listed Australian exploration and mining companies. He part-owns and manages a substantial private Australian drilling business, has interests in several commercial developments and has significant experience in capital financing.
Dr Allan Trench, Non-Executive Director
Dr Allan Trench is a geologist/geophysicist and business management consultant with over 20 years experience across a broad range of commodities. His minerals sector experience spans strategy formulation, exploration, project development and mining operations. Allan holds degrees in geology, a doctorate in geophysics, a Masters degree in Mineral Economics and a Masters degree in Business Administration. He currently acts as independent director to a number of emerging resources companies, both in Australia and overseas.
Allan has previously worked with McKinsey & Company as a management consultant, with Woodside Petroleum in strategy development and with WMC both as a geophysicist and exploration manager. He is an Associate Consultant with international metals and mining advisory firm CRU Group and has contributed to the development of that company’s uranium practice, having previously managed the CRU Group global copper research team.
Allan maintains academic links as an Adjunct Professor to the Western Australian School of Mines, Curtin University of Technology.
Roberto de Andraca Adriasola, Non-Executive Director
Mr. de Andraca is a business manager with 20 years’ experience in the financial and mining business. Over the last 4 years he has been working in the main Iron Ore and Steel Producer in Chile, CAP S.A and is currently the Vice President of Business Development overseeing infrastructure development and new business related to non-core assets. He is also overseeing the construction of the first desalination plant dedicated 100% to producing water for mining companies in the north of Chile. Mr. de Andraca has finance experience working at Chase Manhattan Bank, ABN Amro and Citigroup, working both in Chile and in New York and holds a MBA from the Adolfo Ibañez Business School of Chile. He is currently a director of Puerto Las Losas, a port in the Atacama Region of Chile.
Randall Nickson, Non-Executive Director
Mr. Nickson has more than 35 years of global experience in the mining industry, including 14 years based in Chile devoted to copper exploration. His career includes work across a range of base and precious metals, bulk commodities and energy. He holds an honours degree in Geological Engineering and a Masters degree in Business Administration.
Randall is currently engaged as an independent consultant to the exploration sector, specializing in business development, commercial advisory and business evaluations. Prior to that he spent 16 years with BHP, where he worked in a variety of senior technical, exploration management and business development roles while based in Chile, Brazil and Australia. He is a member of the Australasian Institute of Mining & Metallurgy and the Prospectors and Developers Association of Canada.
Mark Jamieson, Non-Executive Director
Mr Jamieson is currently General Manager Resource Engineering for Glencore’s global copper asset group leading technical support and governance in geology, mine engineering and asset optimisation for development projects, operations and JV’s.
Mark brings 20+ years of technical and project experience in open pit and underground operations, including sub level and block cave mines with Newcrest, MMG and Barrick Gold across Australia, Africa, South East Asia and South America.
Mark holds a bachelor’s degree with honours in Geotechnical Engineering from RMIT University, and a Masters of Engineering Science in Mining Geomechanics from The University of New South Wales.
Mark’s appointment followed Glencore’s investment to acquire a 9.99% shareholding in Hot Chili through the Company’s A$40 million capital raising, as announced to the Australian Securities Exchange (ASX) on August 6, 2021.
Nicole Adshead-Bell, Non-Executive Director
Dr Nicole Adshead-Bell is a geologist with a deep understanding of the mining industry from over 25 years bridging the gap between the technical, corporate (Executive and Director), institutional investor and investment banking segments of the business – within an ESG framework. Her career includes CEO of ASX-listed Brazilian gold producer Beadell Resources (prior to its acquisition by Canadian/US listed Great Panther Mining Ltd); Director of Mining Research at Sun Valley Gold LLC (a SEC registered precious metals focused fund); and Managing Director, Investment Banking, Haywood Securities ( Canadian independent investment dealer. While at Haywood she was involved in ~20 public transactions including streaming, mergers, acquisitions and divestures and raising ~C$1.8Bn in equity/convertible financings. More recently she established Cupel Advisory Corp. to focus on investments and advisory services in the mining sector. Dr Adshead-Bell has over 15 years of cumulative public board experience including exploration, development, operating and royalty companies listed in Canada, USA, Australia and the UK.
Dr Adshead-Bell has PhD in structural/economic geology from James Cook University where she also completed her geology undergraduate and honours degrees. She is currently a Non-Executive Director of TSX listed Altius Minerals Corp., a diversified royalty company focused on sustainability related global growth trends including copper, battery metals (lithium, nickel, cobalt), clean iron ore, potash and renewable electricity generation and ASX listed Matador Mining Ltd, a junior exploration/development company focused on advancing its Cape Ray Gold Project in Newfoundland, Canada.
Penelope Beattie, Company Secretary
Ms Beattie is a Chartered Accountant with 20 years experience. She studied a Bachelor of Commerce in Accounting and Information Systems at the University of Cape Town and completed a Graduate Diploma in Accounting before passing her chartered accounting exams and completing articles with KPMG. She completed the three levels of the CFA Program (2002-2004) .
She has held a number of financial, administrative and management positions across several sectors both in Africa and Europe ,working in London for a decade with global investment banks specialising in regulatory and compliance, before moving to Australia.
In Australia she has provided corporate, financial, systems and tax reporting services, most recently working within a corporate services environment providing both outsourced CFO and company secretarial assistance to a number of ASX listed companies before moving full time to Hot Chili Limited in November 2021.