Filed by sedaredgar.com - Minera Andes Inc.

Telephone No. 612-8232-3333
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

Copy to:
Anthony Lennon
Macquarie Bank Limited
125 W. 55th Street, 22nd Floor
New York, NY 10019

October 24, 2007
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box [ ] .

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

1	NAMES OF REPORTING PERSONS: Macquarie Bank Limited
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP (a) [ ] (b) [ ]
3	SEC USE ONLY
4	SOURCE OF FUNDS OO
5	CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) [ ]
6	CITIZENSHIP OR PLACE OF ORGANIZATION Australia
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7	SOLE VOTING POWER 10,849,959 (as of October 24, 2007)
		8	SHARED VOTING POWER None
		9	SOLE DISPOSITIVE POWER 10,849,959 (as of October 24, 2007)
		10	SHARED DISPOSITIVE POWER None
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,849,959 (as of October 24, 2007)
12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ]
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.20% (166,700,767 common shares of the Issuer were issued and outstanding as of June 30, 2007. Percentage of class calculated inclusive of 8,294,059 warrants held by MBL)
14	TYPE OF REPORTING PERSON CO

The class of equity securities to which this Statement on Schedule 13D relates is the common shares (the “Common Shares”) of Minera Andes Inc. (the “Issuer”), an Alberta, Canada corporation having its principal executive offices at 111 E. Magnesium Road, Suite A, Spokane, Washington 99208.

This statement on Schedule 13D is being filed by Macquarie Bank Limited (“MBL”), an Australian corporation. MBL’s principal business is investing and financial services. MBL has its principal offices at No. 1 Martin Place, Sydney NSW 2000, Australia.

During the last five years, MBL has not been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

On October 23, 2007, the Issuer closed its fourth draw down under the Feasibility Finance Facility, dated December 10, 2004 (the “Finance Facility”), between the Issuer and MBL. As part of the consideration for the Finance Facility and pursuant to the terms thereof, on October 24, 2007, the Issuer issued to MBL a warrant to purchase 4,066,390 Common Shares, at an exercise price of Cdn$2.41 per share on or before 5:00 p.m. (Toronto time) on September 30, 2009.

As of October 24, 2007, MBL also held a warrant to purchase 4,227,669 Common Shares, at an exercise price of Cdn$2.06 per share, on or before 5:00 p.m. (Toronto time) on March 7, 2009, which warrant had also been issued as consideration under the Finance Facility. MBL also held 2,555,900 Common Shares as of October 24, 2007.

Other than as set forth herein, in the Finance Facility, or in the terms of the warrants themselves, MBL currently has no plans or proposals that relate to or would result in any of the actions enumerated in paragraphs (a) through (j) of Item 4 of Schedule 13D. However, MBL reserves the right to change its plans at any time, as it deems appropriate, in light of its ongoing evaluation of (a) its business and liquidity objectives, (b) the Issuer’s financial condition, business, operations, competitive position, prospects and/or share price, (c) industry, economic and/or securities markets conditions, (d) alternative investment opportunities, and (e) other relevant factors. Without limiting the generality of the preceding sentence, MBL reserves the right (in each case, subject to any applicable restrictions under law or contract) to at any time or from time to time (i) purchase or otherwise acquire additional securities of the Issuer, or

instruments convertible into or exercisable for any such securities (collectively, “Issuer Securities”), in the open market, in privately negotiated transactions, by takeover bid or otherwise, (ii) sell, transfer or otherwise dispose of Issuer Securities in public or private transactions, (iii) cause Issuer Securities to be distributed in kind to its investors, (iv) encourage (including, without limitation, through communications with directors, management, and existing or prospective security holders, investors or lenders of the Issuer, existing or potential strategic partners, industry analysts and other investment and financing professionals) the Issuer to consider or explore (A) sales or acquisitions of assets or businesses or other extraordinary corporate transactions, such as a takeover bid or scheme of arrangement (including transactions in which MBL and/or its affiliates may be proposed as acquirors), or (B) other changes to the Issuer’s business or structure.

(a) 10,849,959 Common Shares of the Issuer were owned beneficially by MBL as of October 24, 2007, constituting 6.20% of such shares outstanding as of such date.¹

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

Except as set forth in Items 3 and 4 above, MBL does not have any contract, arrangement, understanding or relationship (legal or otherwise) with any person with respect to any securities of the Issuer.

After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

	MACQUARIE BANK LIMITED


	/s/ Dennis Leong
	Name: Dennis Leong
	Title: Company Secretary

	(i)	sole power to vote or to direct the vote – 10,849,959
	(ii)	shared power to vote or to direct the vote – 0
	(iii)	sole power to dispose of or to direct the disposition of – 10,849,959
	(iv)	shared power to dispose of or to direct the disposition of – 0


¹As of October 14, 2008, MBL beneficially owns 10,412,259 shares of the Issuer’s Common Stock, which represents 5.27% of such shares outstanding, based on 189,439,935 shares outstanding as of June 30, 2008.