Pampa Camarones Spa Class B · BCS:CAMARONEX
Pampa Camarones Spa Class B — Q4 2023 Earnings Presentation
15 slides from Pampa Camarones Spa Class B's earnings presentation, January 2024
Slide 1: Pampa Camarones SpA Quarterly Presentation
Quarterly presentation Pampa Camarones SpA Santiago, January 2024 Strictly private and confidential
Slide 2: Presenter
Quarterly presentation Presenter Robert Mayne-Nicholls CEO Pampa Camarones ▪ Mr. Mayne-Nicholls holds a degree in Mining Engineer from Universidad de Chile, and an MBA from Tulane University (USA) ▪ +30 years of experience leading companies in the mining sector, both operating and greenfield project
Slide 3: Disclaimer
Quarterly presentation Disclaimer ◼ This presentation contains forward-looking information. All information contained in this presentation, other than statements of current and historical fact, is forward-looking information. Often, but not always, forward-looking information can be identified by th
Slide 4: Corporate structure
Quarterly presentation Corporate structure Minería Activa Funds Minority Shareholders* 90.6% 9.4% Pampa Camarones SpA High-grade polymetallic project Copper operation Pampa Camarones Ciclón Exploradora Cu Cu Zn Pb Ag Au Strictly private and confidential 4 *Minority Shareholders: Samsung Chile, Samsu
Slide 5: 2023 Highlights
Quarterly presentation 2023 Highlights ◼ On October 26th, the Chilean Environmental Authority (SEA) approved the modified Pampa Camarones Environmental Impact Assessment for the Pampa Camarones Operation, allowing to ramp up throughput to 60,000 tons per month ◼ During 1Q23, a geophysical survey rev
Slide 6: Pampa Camarones: 2023 Operational Update
Quarterly presentation Pampa Camarones: 2023 Operational Update Pampa Camarones 2023 at a glance Cathode production (‘000 Tons) Production Production LTM 6,26 5,79 5,32 4,95 ◼ Copper Cathode production reached 4,955 ton (-20% y/y), mainly explained by the DIA restriction on crusher throughput 1,38 1
Slide 7: Consolidated financials and 2024 financial plan
Quarterly presentation Consolidated financials and 2024 financial plan Net revenues (US$ mn) Adjusted EBITDA (US$ mn, %) EBITDA EBITDA Margin 62,8 62,6* 48,5% 53,1 36,4% 41,5 32,3% 30,5 14,5% 19,3 20,2 6,0 2021 2022 2023 2024E 2021 2022 2023 2024E *2024E Estimate copper price 3.8 US$/lb Capex (US$ m
Slide 8: 2024 mine and plant plan
Quarterly presentation 2024 mine and plant plan Copper production (‘000 Tons) Crusher feed (‘000 Tons) 2023 2024E 2023 2024E 180,0 180,0 180,0 180,0 1,92 1,94 1,97 166,6 1,82 CuT 2023 135,8 130,3 127,9 1,38 1.38% 1,28 1,26 1,04 CuT 2024E 1.33% 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Preparation and development (Met
Slide 9: 2024 Exploration Plan and CIEX Options Payments
Quarterly presentation 2024 Exploration Plan and CIEX Options Payments Timeline Key dates Pampa drilling Pampa drilling update report Pampa Camarones drilling 07/17/2024 10/17/2024 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec San Carlos drilling 04/17/2024 CIEX option CIEX option payment payment
Slide 10: San Carlos Drilling Campaign: Overview
Quarterly presentation San Carlos Drilling Campaign: Overview ◼ Currently developing platforms and roads ◼ Target: 2,000 meters of DDH drilling ◼ Drilling starts January 25th RC- 04 RC- 05 RC- 03 PL- 04 RC- 01 PL- 03 PL- 05 RC- 02 PL- 02 RC- 07 RC-06 PL- 01 Strictly private and confidential 10
Slide 11: San Carlos Drilling Campaign: Isometric View
Quarterly presentation San Carlos Drilling Campaign: Isometric View Strictly private and confidential 11
Slide 12: San Carlos Drilling Campaign
Quarterly presentation San Carlos Drilling Campaign Strictly private and confidential 12
Slide 13: Ciclón Exploradora EIA: Gantt Chart
Quarterly presentation Ciclón Exploradora EIA: Gantt Chart 2023 2024E 2025E Month: Oct Nov Dec Jan Feb Mar Apr May Jul Jun Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Admission for processing Admission Institutional review Phase 1 Q&A Answering process Phase 2 Q&A Approval RCA January M
Slide 14: Reporting Schedule and Topics
Quarterly presentation Reporting Schedule and Topics Timeline Key dates 2024E 2025E ◼ 1Q24 preliminary results & 2023 FY FS release ◼ 3Q24 preliminary results release and presentation (LV) ◼ ScaleX business report ◼ Pampa exploration results ◼ CIEX exploration results release release 04/19 10/18 Jan
Slide 15: Pampa Camarones SpA
Quarterly presentation Pampa Camarones SpA Santiago, January 2024 Strictly private and confidential