Renegotiating a copper mine agreement in Latin America
Case study
Shortly after one of the world’s largest copper mines commenced production, a government in Latin America and an international mining company had to negotiate a new contract following a court ruling against the original contract. Our advisor was engaged by the Government to advise on the financial aspects of negotiations for over two years.
Our advisor helped the Government determine its financial objectives and strategy for negotiation using detailed financial modelling. During negotiations, our advisor worked seamlessly within the Government negotiating team and alongside international legal counsel, providing real-time modelling of options and tactical advice to enable the Government to make better moves at the table.
The resulting agreement with the company included vastly improved financial terms for the Government, bringing the State’s share of financial benefits from the mine into line with other major copper-producing countries in the region.
Federico Alfaro Boyd
Former Minister for Commerce and Industries
Republic of Panama
“He was a fundamental part of our strategy for the most important negotiation in Panama’s modern history. His insight and capacity to understand complex issues is second to none. He is an amazing professional with an unmatched ability to persuade and convince through the use of data and benchmarking.”