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Staff costs and Directors Remuneration (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Staff costs and Directors Remuneration [Abstract]  
Disclosure of Employee Compensation Explanatory [text block]
 
 
2017
 
2016
 
2015
 
Number of employees at year end
 
 
405
 
 
345
 
 
352
 
Amounts in US$ '000
 
 
 
 
 
 
 
 
 
 
Wages and salaries
 
 
44,891
 
 
36,059
 
 
40,574
 
Share-based payments (Note 30)
 
 
4,075
 
 
3,367
 
 
8,223
 
Social security charges
 
 
5,364
 
 
3,792
 
 
6,197
 
Director’s fees and allowance
 
 
3,458
 
 
2,088
 
 
1,238
 
 
 
 
57,788
 
 
45,306
 
 
56,232
 
 
Recognised as follows:
 
 
 
 
 
 
 
 
 
 
Production and operating costs
 
 
15,474
 
 
11,481
 
 
18,562
 
Geological and geophysical expenses
 
 
11,026
 
 
10,439
 
 
11,336
 
Administrative expenses
 
 
31,288
 
 
23,386
 
 
26,334
 
 
 
 
57,788
 
 
45,306
 
 
56,232
 
 
Board of Directors’ and key managers’ remuneration
 
 
 
 
 
 
 
 
 
 
Salaries and fees
 
 
9,674
 
 
7,337
 
 
6,549
 
Share-based payments
 
 
2,322
 
 
1,211
 
 
6,544
 
Other benefits in kind
 
 
287
 
 
112
 
 
167
 
 
 
 
12,283
 
 
8,660
 
 
13,260
 
Disclosure of information about key management personnel [text block]
 
 
Executive
Directors’
Fees
 
Executive
Directors’
Bonus
 
Non-
Executive
Directors’
Fees (in US$)
 
Director Fees
Paid in
Shares (No.
of Shares)
 
Cash
Equivalent
Total
Remuneration
 
Gerald O’Shaughnessy
 
US$
400,000
 
 
-
 
 
-
 
 
-
 
US$
400,000
 
James F. Park
 
US$
800,000
 
US$
800,000
 
 
-
 
 
-
 
US$
1,600,000
 
Pedro Aylwin (a)
 
 
-
 
 
-
 
 
-
 
 
-
 
 
-
 
Peter Ryalls (b)
 
 
-
 
 
-
 
US$
115,000
 
 
9,388
 
US$
165,010
 
Juan Cristóbal Pavez (c)
 
 
-
 
 
-
 
US$
110,000
 
 
15,408
 
US$
210,020
 
Carlos Gulisano
 
 
-
 
 
-
 
US$
110,000
 
 
15,408
 
US$
210,020
 
Robert Bedingfield (d)
 
 
-
 
 
-
 
US$
102,500
 
 
15,408
 
US$
202,520
 
Michael Dingman
 
 
-
 
 
-
 
US$
46,667
 
 
8,853
 
US$
105,012
 
Jamie Coulter
 
 
-
 
 
-
 
US$
50,000
 
 
6,020
 
US$
95,641
 
 
a Pedro Aylwin has a service contract that provides for him to act as Manager of Corporate Governance so he resigned his fees as Director.
b Technical Committee Chairman until his death. Afterwards the Chairman is Carlos Gulisano.
c Compensation Committee Chairman.
d Audit Committee Chairman.