Antofagasta appoints Carlos Avila as independent non-executive director

what happened

The board of mining company Antofagasta PLC has appointed Carlos Avila as an independent non-executive director, effective 14 October 2026, according to Board Changes, which cites the company's announcement distributed via RNS. Avila has more than 30 years of experience in mining operations, planning, strategy and governance.

He spent 19 years at BHP, most recently as Asset President for Non-Operating Joint-Ventures in the Americas, overseeing assets in Peru, Colombia, the United States and Brazil. Before joining BHP, he worked for more than 13 years at Codelco in mine planning and development. He has also served on the boards of Compañía Minera Antamina and Samarco Mineração S.A.

From 1 November 2026, Heather Lawrence will become Senior Independent Director and a member of the Nomination and Governance Committee. She succeeds Francisca Castro in the role, and Castro will remain a director of the company. Chairman Jean-Paul Luksic said Avila's expertise will benefit the company in the coming years.

why it matters

The changes concern board and committee composition rather than production or financial results. For investors in the copper sector, appointments like this typically signal strategic focus and oversight of major projects, but they do not by themselves alter production costs or metal prices.

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