Storied Peruvian Executive Resurfaces at Canadian Copper Startup
- Victor Gobitz’s new firm plans mine restart, then possible IPO
- Sees potential to find a large deposit in 64,000-acre package
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After decades overseeing some of Peru’s biggest mines, Victor Gobitz has reemerged at the helm of a Canadian startup that has plans to begin copper production in a year and go public in the medium term.
Gobitz stepped down as chief executive officer of a mine owned by BHP Group and Glencore Plc to lead Quilla Resources Inc., a firm he set up along with one family based in the UK and another in Peru. Quilla acquired a company from Nexa Resources SA in a bid to restart the Chapi copper mine in Peru. The new owner plans to start producing cathode in the first half of next year at an annual rate of about 10,000 metric tons.