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JC Sandoval

President of Mining | Andean Precious Metals Corp. | Mid-tier precious metals producer (CFO track record)

"Finance and corporate development behind Andean Precious Metals' transformation from a single-asset Colombian operator into a multi-jurisdiction precious metals producer."

Mining Executive

Biography

Juan Carlos ('JC') Sandoval is the President of Mining at Andean Precious Metals Corp. (TSX: APM), a publicly traded gold and silver producer focused on Latin America. He sits at the center of the company's transition from a single-asset Colombian operator into a mid-tier precious metals producer, leading the finance and corporate development work that has underwritten that growth.

Sandoval brings more than two decades of experience in banking, finance, accounting, and mergers and acquisitions (M&A) focused on the mining, energy, and resource sectors. His appointment to Andean's executive team in late 2022 coincided with the company's push to consolidate its position around the Segovia gold mine in Antioquia, Colombia — a high-grade underground operation that historically produces both gold doré (a semi-pure gold alloy produced on site, requiring further refining) and concentrate, and that generated over 110,000 gold-equivalent ounces in 2024.

Sandoval's remit covers the corporate development and capital-markets work that has reshaped Andean's portfolio. He was central to the May 2021 acquisition of Golden Queen Mining, which brought the Soledad Mountain gold-silver mine in California into the company, and to the subsequent mid-2023 divestiture of that asset to Caliber Mining, with the proceeds redeployed into the Colombian business. In April 2025 he helped structure the US $10.5 million acquisition of Paredes Santander S.A.S., consolidating 100% ownership of the Marmato Mining Contract that Andean had previously operated in joint venture with Gran Colombia Gold.

For resource investors, Sandoval's commentary is most useful when thinking about the financing mechanics behind junior precious metals consolidation. His public appearances — including Proactive Investors webcasts and 121 Mining Investment events in Dubai — focus on capital allocation, cost discipline, and the path to scaling Segovia, rather than exploration upside. Listeners looking for project-level geological conviction should pair his segments with the technical commentary from the company's geologists; Sandoval's contribution is the corporate strategy and balance-sheet lens.

Sandoval's relevance to a mining stock investor is straightforward: he is one of the executives running the numbers behind a small-cap gold and silver producer that has used M&A to triple its footprint in three years. Following his appearances is a clean read on how Andean's senior team thinks about capital structure, dividend policy, and the trade-off between staying Colombia-focused and pushing further into the rest of Latin America.

Videos (1)

Andean Precious Metals: Gold & Silver Producer in the Americas | JC Sandoval and Jimmy Connor

Andean Precious Metals: Gold & Silver Producer in the Americas | JC Sandoval and Jimmy Connor

guest Apr 8, 2026
  • Top takeaway JC Sandoval frames Golden Queen life-of-mine extension as Andean's main catalyst, with an updated 43.1.1-compliant technical report expected by year-end 2026 backed by an active three-rig exploration program entirely within existing permitted boundaries.
  • He argues the $160 million cash position and $60 million-plus annual free cash flow justify inorganic growth, and is actively searching for a third producing or development asset in the Americas, preferring gold or silver and open to copper tied to the energy transition.
  • He defends San Bartolomé's third-party ore model as a proven, lower-risk business, citing the mix of spot purchases (35–45% target gross margin) and fixed-price contracts from 15–20 suppliers including COMIBOL as a natural hedge.
  • He credits more than $50 million in post-acquisition capex at Golden Queen — nine new haul trucks, replaced shovels and loaders, a new stacker and agglomeration drum, plus an updated block model — for the roughly $2,000 per ounce all-in sustaining cost and more stable production.
  • He positions the management team as proven operators who have already turned around two distressed acquisitions, using that track record to support the case for a successful third-asset deal.

Andean's two-asset model pairs a 100% third-party ore processing plant in Bolivia with a producing gold mine in California, balancing silver and gold exposure. Blending fixed-price contracts with spot purchases at San Bartolome creates a natural price hedge, keeping margins intact through metal price swings. Golden Queen's AISC sits near $2,000, elevated by heavy equipment reinvestment that should taper as the operation matures. With over $160 million in cash and $30 million of debt, Andean is actively hunting a third Americas-based acquisition, preferring gold, silver, or copper. The near-term catalyst is a year-end 2026 43-101 technical report expected to extend Golden Queen's mine life beyond the current two-year estimate.

Showing 1–1 of 1 videos

Key Works

CFO interview on capital allocation, Segovia scaling, and Latin American focus.

Management-team discussion following the Paredes Santander acquisition.

Speaker profile for the regional mining investment conference.

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