Scotiabank Chile

Triple Flag Precious Metals Corp is an emerging senior streaming and royalty company that focuses primarily on gold. The company operates a diversified portfolio of precious metal properties across various countries, including Australia, Canada, Colombia, Côte d'Ivoire, Honduras, Mexico, Mongolia, Peru, South Africa, and the United States. Triple Flag emphasizes adaptability and flexibility in structuring customized financing solutions to meet the specific needs of its mining partners. By fostering strong relationships and maintaining a distinct culture, the company has successfully sourced a significant number of its deal opportunities through referrals from existing counterparties and its extensive network, promoting direct discussions with potential partners rather than relying on competitive auction processes.

Sierra Gorda SCM is a mining company based in Antofagasta, Chile, specializing in the extraction of low-grade copper and molybdenum concentrates. The company is committed to innovation in mining practices, constantly seeking alternatives and new methods to enhance production efficiency. By focusing on lower grades of copper sulfides, Sierra Gorda SCM positions itself as a pioneer in the low-grade mining sector, addressing the challenges associated with this type of resource extraction.

Horizon Copper is a company focused on the copper sector, offering minority ownership interests in high-grade and low-cost copper projects. With a strategic approach to investment, Horizon Copper aims to capitalize on the growing demand for copper, which is essential in various industries, including renewable energy and electric vehicles. The company's portfolio is designed to provide investors with exposure to high-quality resources while managing risk through its minority stakes in multiple projects. By prioritizing projects with favorable economics and potential for growth, Horizon Copper positions itself as a significant player in the copper investment landscape.

Lundin Mining Corporation is a diversified base metals mining company with operations in Portugal, Sweden and Spain, producing copper, zinc, lead and nickel. In addition, Lundin Mining holds a 24% equity stake in the world-class Tenke Fungurume copper/cobalt mine in the Democratic Republic of Congo and in the Kokkola cobalt refinery located in Finland.

Eldorado Gold is a Canadian low-cost gold producer with over 20 years of experience building and operating gold mines in Europe, Asia and South America. We are dedicated to responsible operations, the highest safety and environmental standards and working with stakeholders to enhance the communities where we operate. - See more at:

Ecora Resources PLC is a company that specializes in acquiring royalties from a diverse portfolio of mining assets, primarily focusing on base metals and bulk materials. Its portfolio includes key commodities such as copper, nickel, iron ore, gold, cobalt, vanadium, metallurgical coal, and uranium. Notable assets include Voisey's Bay, Mantos Blancos, and Maracas Menchen, among others. The company operates in low-risk jurisdictions and aims to enhance its income growth by investing in cash-generating royalties and exploring opportunities in earlier stage royalties. Ecora Resources is committed to returning a substantial portion of its royalty revenues to shareholders as dividends.

Champion Iron Limited is an iron ore exploration and development company with properties located in the heart of Canada’s premier iron ore mining district, the Labrador Trough. Champion Iron is one of the largest landholders of highly prospective iron ore claims.

Orla Mining conducts advanced gold and silver open-pit and heap leach project. Orla is developing the Camino Rojo Oxide Gold Project located in Zacatecas State, Central Mexico. The project is 100% owned by Orla and covers over 200,000 hectares. Estimated Mineral Reserves as of June 24, 2019, are 44.0 million tonnes at a gold grade of 0.73 grams per tonne (“g/t”) and a silver grade of 14.2 g/t, for total mineral reserves of 1.03 million ounces of gold and 20.1 million ounces of silver. The company is headquartered in Vancouver, British Columbia.

Fortuna Silver Mines Inc. is a rapidly growing silver producer with two low-cost operating mines and commanding land positions in Peru and Mexico. Established in 2005, with a mandate to acquire silver-rich exploration projects and producing mines in Latin America, Fortuna's management team has effectively implemented a disciplined growth strategy. In 2014, silver and gold production increased for the eighth consecutive year, reaching 6.6 million ounces of silver and 35,316 ounces of gold at a consolidated all-in sustaining cash cost (AISCC) per ounce of silver of US$14.48, net of by-product credits. Drawing on mineral reserves as of December 31, 2014 containing approximately 41 million ounces of silver and 252,000 ounces of gold, Fortuna expects to produce 6.5 million ounces of silver and 35,300 ounces of gold, plus significant lead and zinc by-products in 2015. The estimated consolidated AISCC, net of by-product credits, is $16.61 per ounce of silver, which includes $4.00 per ounce attributed to the mill expansion underway at San Jose. Fortuna is targeting growth in both reserves and production by leveraging its industry expertise in Latin America. Management is committed to operating profitability and maintaining industry best practices while striving for excellence in employee relations, community outreach and safeguarding of the environment. Fortuna is financially stable and has no long-term debt or hedging programs. Shares of the company trade mainly on the New York Stock Exchange (NYSE: FSM) and the Toronto Stock Exchange (TSX: FVI). Fortuna is headquartered in Vancouver, Canada and maintains management offices in Lima, Peru. The company employs over 1,600 people in Canada, Peru and Mexico.

Mandalay Resources creates exceptional shareholder value through the acquisition of undervalued assets that can: become rapidly cash generative, self fund exploration, establish and maintain high operating margins, and return cash to shareholders. Mandalay is committed to operating safely and in an environmentally responsible manner, while developing a high level of community and employee engagement.

Nighthawk Gold Corp. is a Canadian gold exploration company that identifies, acquires, and evaluates gold properties, primarily focusing on the Indin Lake Gold property located north of Yellowknife in the Northwest Territories. The company's key asset is the Colomac Gold Project, which is situated within a highly prospective and underexplored Archean gold camp. Nighthawk Gold holds a 100% interest in this project and aims to advance its exploration and development. Founded in 2004 and headquartered in Toronto, the company has evolved from its previous identity as Merc International Minerals Inc., adopting its current name in April 2012.

The Company acquired mining concessions in Southeast Ecuador including the Fruta del Norte gold project for US $240 million. Lundin Gold's property in Southeast Ecuador consists of 36 mining concessions covering an area of approximately 86,000 hectares. From this, the Fruta del Norte Project is comprised of two concessions and covers an area of approximately 5,000 hectares and is located approximately 80 kilometres east of the City of Loja, which is the fourth largest city in Ecuador.

Guyana Goldfields Inc. is a Canadian company dedicated to the exploration and production of gold, primarily within the Guiana Shield in South America. Incorporated in 1994 and based in Toronto, the company has been active in Guyana since 1996, focusing on the exploration and development of gold deposits. Its key asset is the Aurora Gold Mine, along with advanced exploration projects in various stages of development. The company aims to maintain a strong presence in the Aurora and Aranka Properties, where it continually engages in exploration and development activities. As of August 2020, Guyana Goldfields operates as a subsidiary of Zijin Mining Group Company Limited.

Primero Mining Corp. is a Canadian-based precious metals producer that owns 100% of the San Dimas gold-silver mine and the Cerro del Gallo gold-silver-copper development project in Mexico and 100% of the Black Fox mine and adjoining properties in the Township of Black River-Matheson near Timmins, Ontario, Canada. Primero offers immediate exposure to un-hedged, below average cash cost gold production with a substantial resource base in politically stable jurisdictions. The Company is focused on becoming a leading intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas.

Silver Wheaton is the largest precious metal streaming company in the world. The company has entered into a number of agreements where, in exchange for an upfront payment, it has the right to purchase, at a low fixed cost, all or a portion of the silver and/or gold production from several high-quality mines located in politically stable regions around the globe. Silver Wheaton currently has streaming agreements for 22 operating mines and 7 development stage projects. The company’s growth profile is driven by a portfolio of world-class assets, including precious metal and gold streams on Hudbay’s Constancia project and Vale’s Salobo and Sudbury mines. Silver Wheaton’s unique business model creates significant shareholder value by providing: Leverage to increases in the price of silver and gold; Additional growth through the acquisition of new streams; A dividend yield, which has the potential to grow over time; and, Participation in the exploration success of the mines underlying its current agreements. Silver Wheaton offers these benefits while at the same time reducing many of the downside risks faced by traditional mining companies. In particular, Silver Wheaton offers its investors both capital and operating cost certainty. Other than its initial upfront payment, Silver Wheaton typically has no ongoing capital or exploration costs. Furthermore, its operating costs have historically been fixed at approximately US$4 per ounce of silver and US$400 per ounce of gold produced, allowing shareholders to benefit from strong margin growth in a rising silver and gold price environment. The company has an experienced management team with a strong track record of success, and is well positioned for further growth.

Hudbay is an integrated mining company producing copper concentrate (containing copper, gold and silver), molybdenum concentrate and zinc metal. The company owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), along with copper projects in Arizona and Nevada (United States). Guided by our values and powered by the expertise, experience and commitment of our people, our vision is to be a responsible, top-tier operator of long-life, low-cost mines in the Americas. Our mission is to create sustainable value through the acquisition, development and operation of high-quality, long-life deposits in jurisdictions that support responsible mining, and to see the regions and communities in which we operate benefit from our presence.

Denison Mines Corp is a uranium exploration and development company.

ENTREC is a leading provider of heavy lift and heavy haul services with offerings encompassing crane services, heavy haul transportation, engineering, logistics and support. ENTREC provides these services to the oil and natural gas, construction, petrochemical, mining and power generation industries.