Michael Meding

Michael Meding Email and Phone Number

Director @ McEwen Copper
Canada
Michael Meding's Location
Canada, Canada
Michael Meding's Contact Details

Michael Meding personal email

n/a
About Michael Meding

As Vice President and General Manager of McEwen Copper, I bring over 20 years of leadership experience in mining and finance, combining strategic insight with technical expertise. Since 2022, I have spearheaded the successful raising of over $400 million in capital and played a pivotal role in increasing the valuation of the Los Azules Project in Argentina from $225 million to nearly $1 billion. I oversee both the Los Azules and Elder Creek projects, guiding them from initial scoping to full-scale production.In my role, I shape and execute McEwen Copper’s strategy, manage financial planning, and drive capital-raising efforts while ensuring compliance with regulatory standards. I build and maintain strong relationships with governments, stakeholders, and local communities, prioritizing collaboration and sustainability. As a champion of green mining, I lead initiatives in renewable energy and eco-friendly practices, positioning McEwen Copper as an industry leader in sustainability.My leadership philosophy is centered on building high-performance teams that operate with safety, integrity, and innovation. This approach has been key to McEwen Copper’s success, culminating in our recognition as Argentina’s Exploration Company of the Year. I am committed to ensuring projects are delivered on time, within budget, and aligned with strategic goals.In addition to my role at McEwen Copper, I serve as President of GEMERA, Argentina’s national exploration association, further strengthening my leadership within the global mining sector.Before joining McEwen Copper, I held senior positions at Trafigura, including CFO at Ferroniquel Minera S.A., where I was instrumental in launching a greenfield nickel mining joint venture in Cuba. I recruited and led a high-performing team, establishing operations and driving efficiency. As CFO at Empresa Minera Del Caribe S.A. (Emincar), I optimized cash flow management during challenging market conditions, improving safety and reducing employee turnover by 45%.Beyond the work for McEwen Copper, one of my proudest achievements was co-leading a strategic, tactical and operational improvement plan for Barrick Gold’s asset in Argentina, which extended the mine's life, doubled its valuation to $1920 million, and culminated in a successful M&A with Shandong Gold of China and a sale of 50% of the company for $960 million.With experience spanning Europe, North and South America, I have consistently led organizations through complex strategic and operational transformations, delivering tangible results.

Michael Meding's Current Company Details
McEwen Copper

Mcewen Copper

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Director
Canada
Michael Meding Work Experience Details
  • Mcewen Copper
    Director
    Mcewen Copper
    Canada
  • Mcewen Copper
    Director
    Mcewen Copper Mar 2023 - Present
    Toronto, Ontario, Ca
    Elected as Director to serve on the board of McEwen Copper Inc. to push forward the development of the copper business unit of McEwen Mining.
  • Mcewen Copper
    Vice President Copper
    Mcewen Copper Mar 2022 - Present
    Toronto, Ontario, Ca
    A seasoned leader with over 20 years of experience in mining and finance, blending strategic vision with technical expertise. Successfully spearheaded the raising of over $400 million in investment capital from 2022 to the present. Played a pivotal role in increasing the valuation of the Los Azules Project in San Juan from $225 million to nearly $1 billion. Demonstrates a strong commitment to building lasting partnerships with governments and local communities, while maintaining a steadfast focus on health, safety, and environmental stewardship. Delivered record record-breaking drilling programs with a maximum of 23 drill rigs simultaneously at site, an attractive PEA and a robust Environmental Impact Assessment.Recently appointed President of GEMERA, Argentina’s national association of exploration companies, further solidifying leadership in the industry.
  • Los Azules
    President And Board Member
    Los Azules Jun 2022 - Present
    San Juan, San Juan, Ar
    Los Azules is a top 10 copper project measured by resource. 1.2 billion tons of indicated resource at 0.40% grade Cu, 4.5 billion tons of inferred resource at 0.31% Cu combined with Au and Ag in the mining friendly jurisdiction of San Juan. Preliminary Economic Assessment Headline Numbers:CAPEX $2.5BPayback 3.2 yearsLife of Mine 27 yearsAfter Tax NPV @8% $2.7BIRR 21.2%Average annual production of copper cathodes of 321 million pounds.Named exploration company of the year in 2023 in ArgentinaResponsible for overall project development as General Manager and President of the company.
  • Los Azules
    Vice President And Board Member
    Los Azules Feb 2022 - Jun 2022
    San Juan, San Juan, Ar
  • Minera Santa Cruz
    Vice President And Board Member
    Minera Santa Cruz May 2022 - Present
    Ar
    Vicepresident of Minera Santa Cruz representing McEwen Mining in the Joint Venture with Hochschild Mining as a Director.
  • Gemera
    President
    Gemera Oct 2024 - Present
  • Caem
    Member Of The Executive Commission
    Caem Aug 2023 - Present
    Buenos Aires, Ciudad Autónoma De Buenos Aires, Ar
    Elected to serve as a member of the executive commission of the National Chamber of Mining Companies in Argentina, representing McEwen Copper and the Los Azules project.
  • Camara Minera De San Juan
    Member Of The Executive Commission
    Camara Minera De San Juan Feb 2022 - Present
  • Trafigura
    Business Transformation Manager
    Trafigura Sep 2021 - Dec 2021
    Singapore, Singapore, Sg
  • Trafigura
    Cfo - Chief Finance And Administration Officer (Jv Fenimoa Sa)
    Trafigura Mar 2021 - Jul 2021
    Singapore, Singapore, Sg
    Chief Finance and Administration Officer | Ferroniquel Minera S.A. (FeNiMoa JV)Leadership Snapshot:• Spearheaded the establishment of a greenfield nickel mining joint venture in Cuba, overseeing the full setup of Ferroniquel Minera S.A. (FeNiMoa JV) from inception. • Key founding member of the project team, responsible for the successful launch of operations in Moa, including the recruitment and onboarding of a high-performing project administration team. • Led the development and implementation of essential policies and procedures, ensuring seamless integration of systems across all departments. • Directed the setup of critical infrastructure, including office spaces, logistics operations, IT systems, and communication platforms to support a smooth operational launch. • Established the company’s financial framework, including the creation of an operational budget, and implemented robust accounting and reporting systems for efficient financial oversight and transparency.
  • Trafigura
    Cfo - Chief Finance And Administration Officer (Jv Emincar Sa)
    Trafigura Jan 2019 - Dec 2020
    Singapore, Singapore, Sg
    Chief Finance and Administration Officer at Empresa Minera Del Caribe S.A. (Emincar) in Havana and Pinar del Río, overseeing an open-pit mining operation extracting from a polymetallic orebody. The operation includes a crushing, grinding, and flotation facility that produces Lead and Zinc concentrates for export. Responsible for managing the Finance, HR, Supply Chain, Port, IT, and General Administration functions. Leadership Snapshot:Led a team of 60 direct reports, with oversight of an $18MM USD CapEx budget and a $66MM USD OpEx budget, as well as $111MM in annual sales. Managed two facilities in Cuba with the following production metrics: 8Mt of mining, 1.1Mt of processing, and a total concentrate output of 59kt Zn and 26kt Pb, totaling 191kt DMT.• Directed day-to-day commercial operations, optimizing cash flow management to ensure continued operations through challenging, low-price, high-cost periods, enabling the company’s financial recovery.• Established a formal cost control environment, enhancing financial reporting to the executive team and board of directors.• Developed and executed a human resources strategy that reduced employee turnover by 45%, implemented an improved monthly performance evaluation system, and initiated international staff rotations.• Launched an integrated logistics management system that significantly improved operational safety, achieving over 900 days without a Lost Time Incident (LTI).• Managed all COVID-19 mitigation efforts for the Havana office and coordinated FIFO (Fly In, Fly Out) of staff on humanitarian flights during the peak of the pandemic, ensuring the mine operated at full capacity despite global disruptions.
  • Xpnd Medical Sa
    Managing Partner
    Xpnd Medical Sa Jan 2018 - Dec 2018
    XPND Medical is an international consulting company helping healthcare companies achieving their strategic corporate objectives by providing best-in-class consulting services.Specialties: Market Access, Pharma Consulting, Medical Device Consulting, Geographic Expansion, Business Transformation, Post Merger Integration, Project Management, Synergies, and Strategy ExecutionLeadership Snapshot: Set-up of company in Argentina and initiated business activities.• Developed business plan for the launch of ophthalmic products in Argentina, connected registry specialists with a Greek client for registration and future launch of medical device(s) products.• Supported Swiss Abionic, a MedTech IVD company to link to KOL in Argentina, connected with potential distributors, developed business plan and presented the AbioSCOPE at the XLI Congress of Allergy and Immunology in Buenos Aires with Swiss Abionics CSO.• Secured registration with Argentine health authorities.
  • Barrick Gold Corporation
    Chief Of Staff - Operational Excellence, Scm, Hr, It
    Barrick Gold Corporation 2017 - 2017
    Toronto, Ontario, Ca
    Leadership Snapshot: Led 100 direct staff, managed a $50MM USD CapEx budget, and $300MM USD OpEx budget.• Led the mine’s largest transformation program, involving commercial and operational initiatives, reporting to Executive General Manager (EGM) and to Corporate. Led gap analysis to set initial objectives, then built a pipeline of projects worth $200MM USD of yearly cash-flow improvements vs. baseline. Developed and set KPIs and incentives.• Restructured support areas HR, SCM, IT: Developed profile and upgraded managers and leaders of support areas to further drive operational performance.• Set-up and running of crisis management project office to cope with environmental incidents to recover license to operate. This included coordination of ambitious construction projects (done at 4,000 meters in the Andes during winter), development of local communities and a plan of communication and PR. Led weekly reporting to Executive Committee. • Co-led integration management with a new strategic partner, Chinese Mining Company Shandong Gold.• Set-up of Barrick`s first remote operations center (dispatch for mine, maintenance, process controls, analytics & business improvement and planning).• Supported concept strategy development for the company’s first Comprehensive Risk and Operations Management Center (CROMCEN), integrating Ops and LTO functions into an organization that plans and acts comprehensively.
  • Barrick Gold Corporation
    Chief Financial Officer
    Barrick Gold Corporation 2016 - 2017
    Toronto, Ontario, Ca
    Leadership Snapshot: Guided 36 direct staff, managed a $142MM USD CapEx budget, and $500MM USD OpEx budget, with $0.8B USD Sales, 65Mt mining 29Mt processing, 0.6M oz Au, 0.8M oz Ag.• Led together with General Manager reformulation of a strategic plan for Veladero which resulted in significant increase of life of mine net present value (>100%) and extended life for 4 years.• Played key role in preparation and execution of successful strategic agreement including preparation of business case, sales presentations and data room. Presented to BoD and Management of different Chinese investors in Argentina, Canada and China, resulting in partnering with Shandong Gold (sale of 50% of Veladero Mine for $960MM USD). • Led delivery of cost savings initiatives for >$40MM USD in OPEX and CAPEX to improve bottom-line for Veladero.• Delivering options for advanced recovery of locked up VAT ($500MM USD) and building test case. • Advanced and led several key studies on the improvement of power reliability, carbon footprint reduction and cost of the Veladero mine through energy diversification, including transitioning from diesel to wind, solar & natural gas.• Merging and optimizing Barrick’s Finance teams in Argentina, thus reducing headcount by 30%.
  • Barrick Gold Corporation
    Senior Finance Manager And Controller Barrick Argentina
    Barrick Gold Corporation 2010 - 2016
    Toronto, Ontario, Ca
    Leadership Snapshot: Directed 30 direct staff, managed a $4B USD CapEx budget, and $500MM USD OpEx budget, with >$1B USD Sales.• Led successful implementation of Barrick’s new enterprise wide performance management system (BPR) in Argentina as key catalyst for performance turnaround. • Blueprinted blue chip swap finance option of >$1.5B USD for construction activities of Pascua-Lama in Argentina & secured optionality for local financing for >$200MM USD. • Managed FX crisis and built Treasury to successfully cope with new regulations for the mining sector. Implemented e-auctioning for FX via Bloomberg, one of the first companies in Argentina with yearly savings of >$1.5MM USD. • Set-up a strategic planning department delivering comprehensive Argentina strategy.• Delivered tax optimization projects saving several million USD in Personal Asset Tax per year.
  • Grandvision Nv
    Cfo, +Vision Argentina & Uruguay
    Grandvision Nv 2009 - 2010
    Schiphol, Nl - Schiphol, Nl
    +VISION OPTICAL Retail Chain consists of 4 legal entities, since 2009 is owned by international world leader in optical retail chains Grand Vision (part of Hal Investments). +VISION operates 57 own and franchise stores in Argentina & Uruguay, leader in its market segment in both countries.Leadership Snapshot: Managed 10 direct staff, managed a $5MM USD CapEx budget, and $25MM USD OpEx budget, with $30MM USD Sales.Responsible for Budgeting, Controlling, Accounting, Reporting, Treasury, Tax, Internal Controls and Strategic Planning. Reporting to General Manager.• Operationally managed transition & integration of +VISION into GrandVision as part of acquisition process.• Closed M&A process & negotiated price adjustment with the former owner, obtaining after closing discount on the purchase price. Delivered legal & closing financial statements, set-up of corporate governance structure.• Re-organized finance department to ensure appropriate business support (controlling, Financial Reporting & Accounting, Internal Audit, Treasury) hiring of function leaders, set-up of local financial systems and processes.• Increased visibility of company and store performance by setting-up of individual store P&Ls, daily & monthly sales and cost reporting and yearly budgeting & planning process.
  • Novartis
    Cfo And A.I. Head Of Novartis Vaccines Chile
    Novartis 2007 - 2008
    Basel, Baselstadt, Ch
    Leadership Snapshot: Steered 18 direct staff, managed a $2MM CapEx budget, and $68MM OpEx budget, with $80MM Sales.Responsible for Budgeting, Controlling, Accounting, Reporting, Treasury, Tax, Internal Controls, Strategic Planning, Supply Chain and Information Technology.• Developed talent bench allowing for international promotion and backfill locally, exported talent to CH. Increased performance and compliance of organization by establishing of professional internal control function.• Founded the Vaccines Business unit in Chile reporting to Vaccines Latam CEO, generating 2009 sales of >$7MM USD.
  • Novartis
    Head Of Finance Business Unit Arthritis, Bone, Gastro And Urology
    Novartis 2006 - 2007
    Basel, Baselstadt, Ch
    Responsible for the Business Franchise Finance Function, Arthritis, Bone, Gastro, Urinary. Member of cross functional Franchise Board.- Maintaining the global, long – range financial plans for the Business Franchise Sales >150MUSD.- Partnering with Brand Teams and Development Project Management to develop options and performance analysis to support Portfolio and Lifecycle management processes.- Playing key role in developing brand marketing plans, marketing ROI analysis, and the brand profitability and prioritization process.- Provide a risks and controls framework for the BF, ensuring business risks and opportunities are understood and owned.- Develop Budget & Strategic Plans and present to Senior Management.
  • Novartis
    Head Of Marketing Controlling
    Novartis 2003 - 2006
    Basel, Baselstadt, Ch
    Leading a team of 2 direct reports and 5 indirect reports consisting of controllers and Senior Controllers covering controlling for General & Specialty Medicines (portfolio Budget 2005 > 520MCHF).- Prepare proposals for optimal resource allocation (FTE / $$) across brands & franchises and support Geneneral Medicines CFO in target setting process.- Providing risks and control framework, driving compliance (SOX, IFPMA, IFRS, Controllers Manual) for HQ departments in marketing (measuring & follow-up)- Lead and supported value creation projects for GM&S General Medicines with impact (> 34MCHF).- Co-Leading World Wide Spend Analysis Project (pilot presented at Novartis Group Finance Committee).
  • Ibm Business Consulting
    Assistant Manager
    Ibm Business Consulting 2002 - 2003
    Armonk, New York, Ny, Us
    Management consulting, led team to implement significant SAP R/3 solutions.Designed several controlling processes for Novartis including ChemOps & PharmOps SCM integration.
  • Pwc Switzerland
    Senior Consultant
    Pwc Switzerland 2002 - 2002
    Zurich, Ch, Ch
    Management consulting, led team to design controlling and finance solutions as part of worldwide SAP R/3 rollout.
  • Pwc Deutschland
    Consultant
    Pwc Deutschland 2001 - 2002
    Frankfurt Am Main, De
    Management consulting, development of production controlling and accounting solutions for multinational pharmaceutical client.

Michael Meding Skills

Strategic Planning Business Planning Strategy Management Team Leadership Business Strategy Financial Reporting Mergers And Acquisitions Sap Finance Leadership Forecasting Negotiation Sarbanes Oxley Act Business Process Business Analysis Financial Analysis Project Management Mining Change Management Ifrs Business Process Improvement Accounting Pharmaceutical Industry Us Gaap Internal Controls Budgets Executive Management Project Planning Budgeting Management Consulting Internal Audit Business Development Financial Accounting Cross Cultural Management Latin American Business Corporate Finance Risk Management Cross Functional Team Leadership Crisis Management Consulting Entrepreneurship Cross Functional Relationship Building Training Sap R/3 Certified Consultant

Michael Meding Education Details

  • Harvard Business School
    Harvard Business School
    : Attended The Hbs-Novartis Finance Excellence Program
  • Indiana University Of Pennsylvania
    Indiana University Of Pennsylvania
    Finance
  • Hhl Leipzig Graduate School Of Management
    Hhl Leipzig Graduate School Of Management
    Marketing
  • Universidad Católica De Cuyo
    Universidad Católica De Cuyo
    Mining
  • Universidad De Chile
    Universidad De Chile
    Finance
  • Ruhr University Bochum
    Ruhr University Bochum
    Economics

Frequently Asked Questions about Michael Meding

What company does Michael Meding work for?

Michael Meding works for Mcewen Copper

What is Michael Meding's role at the current company?

Michael Meding's current role is Director.

What is Michael Meding's email address?

Michael Meding's email address is michael.meding@gmx.ch

What schools did Michael Meding attend?

Michael Meding attended Harvard Business School, Indiana University Of Pennsylvania, Hhl Leipzig Graduate School Of Management, Universidad Católica De Cuyo, Universidad De Chile, Ruhr University Bochum.

What skills is Michael Meding known for?

Michael Meding has skills like Strategic Planning, Business Planning, Strategy, Management, Team Leadership, Business Strategy, Financial Reporting, Mergers And Acquisitions, Sap, Finance, Leadership, Forecasting.

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