# Felipe Riquelme

Chief Financial Officer

## Career chronology

- **Appointed 10 Aug 2026: Challenger Gold** — Chief Financial Officer. [Challenger Gold sharpens Hualilan development pathway](<https://challengergold.com/wp-content/uploads/ChallengerGoldSharpensHualilanDevelopmentPathway13Aug26.pdf>) (CFO appointment); [Directors &amp; Management](<https://challengergold.com/corporate/directors-and-management/>) (Felipe Riquelme biography)

- **Most recent role before Challenger; dates not established: Andean Precious Metals** — Vice President, Financial Planning &amp; Analysis. [Directors &amp; Management](<https://challengergold.com/corporate/directors-and-management/>) (Felipe Riquelme biography)

- **Before Andean; titles/dates not established: New Gold and Yamana Gold** — Senior finance leadership roles. [Directors &amp; Management](<https://challengergold.com/corporate/directors-and-management/>) (Felipe Riquelme biography)

## Business failures and setbacks

### CFO joined during funding and project-plan reset [felipe_hualilan_reset]

2026 · documented · medium materiality

Challenger was adjusting from toll processing toward a standalone Hualilan project after near-surface grade-model discrepancies and toll-campaign pause; a US$1m deferred fee arose under the termination agreement. Riquelme joined after the underlying mining/model issue and has had limited time to manage the reset.

**Attribution:** Role overlaps event; causation unproven. No evidence connects him to prior planning assumptions or to the termination terms; role overlaps capital execution after Aug 10.

**Relevance:** Material funding and working-capital oversight issue for the new CFO.

[Quarterly Activities Report](<https://aj-invest.org/m/asx/2924-03116964-6A1336843>) (Quarterly Activities Report); [Austral subsidiary and Challenger call it quits on toll agreement](<https://mining.com.au/austral-subsidiary-and-challenger-call-it-quits-on-toll-agreement/>) (Toll agreement termination and deferred payment); [Challenger Gold sharpens Hualilan development pathway](<https://challengergold.com/wp-content/uploads/ChallengerGoldSharpensHualilanDevelopmentPathway13Aug26.pdf>) (CFO appointment)

## Suitability for the current role

### Mining finance background aligns with CFO appointment [felipe_fit]

Prior to Aug 2026 · analyst inference · medium materiality

Challenger’s profile states 15+ years in finance leadership across multinational miners, including VP FP&amp;A at Andean Precious Metals and senior finance roles at New Gold and Yamana. It describes capital management, reporting and governance expertise. Past titles/dates and credentials are not independently corroborated in the reviewed source.

**Attribution:** Responsibility not applicable. Appointment and biography are documented, but no Challenger outcome can be attributed after two months in role.

**Relevance:** Relevant for financing, reporting and development capital stewardship; personal performance remains unassessed.

[Directors &amp; Management](<https://challengergold.com/corporate/directors-and-management/>) (Felipe Riquelme biography); [Challenger Gold sharpens Hualilan development pathway](<https://challengergold.com/wp-content/uploads/ChallengerGoldSharpensHualilanDevelopmentPathway13Aug26.pdf>) (CFO appointment)

## Evidence gaps

- Role chronology and education rely partly on issuer biographies; dates and credentials require primary-source confirmation where not specifically documented.

- Person-specific court, regulator, sanctions, professional-discipline and safety/environment register searches were not exhaustive.

- Hualilan technical and economic outcomes are project-level; no source establishes sole personal responsibility for outcomes.

- Company transition and counterpart disclosures are reported distinctly; no denial or allegation has been treated as an independent finding.
