
Operating at the forefront of the mining sector, PPO Indacochea continues to lead the way in lithium projects and other innovative ventures, while also offering advice across the full spectrum of regulatory, corporate and financing matters, for a diverse list of local and multinational oil-and-gas companies. On the mining front, the team excels at advising foreign investors looking to enter Bolivia and provides both legal and technical advice to a stellar list of both national and international clients. The firm has a strong background in advising state-owned companies, as well as private clients on interactions with the Bolivian government, handling concession, operation and mining production agreements related to sensitive or controlled areas. Hydrocarbons expert Pablo Ordoñez co-heads the mining practice alongside Mattias Garrón, who advises local and foreign companies on the development of mining projects and any related regulatory matters. Diego Böhrt is a regulatory specialist with a focus on energy matters; while Carlos Pinto provides both transactional and regulatory advice across the energy, hydrocarbons and mining sectors. Younger transational partner Leonardo Azurduy is also an active member of the practice. At senior associate level, Carlos Covarrubias has experience in both the hydrocarbons and mining sectors; Maria Laura Paz focuses on the oil-and-gas sector (particularly in relation to participating in public bids) and Luis Fernando Valle advises on mining rights and the interpretation and application of regulations. Delma Paz is an additional name to note. Associate Sebastián Alba’s regulatory expertise sees him advise on operating licenses and environmental data sheets. Mariana Pereira and Ana Carola Muñoz left legacy firm Indacochea & Asociados to establish their own boutique (effective as of February 2025).
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Good knowledge and desire to collaborate.’
‘Mattias Garron's predisposition and relationships in different areas.’
‘Full service firm with extensive in-country expertise in a variety of legal issues related to our industry.’
‘Pablo Ordonez, Mattias Garron - Exception client service, timeliness, knowledge and competence.’
‘Their strengths are their extensive knowledge of the issues at hand and their quick response time.’
Key clients
- Rare X
- Pirin Capital
- Pantera Silver Corp
- Minera Rodriguez
- Penfold World Trade
- Bedrock
- Tierra Alta
- Bulmint
- Cartier Silver Corp
- Eau Lithium
- Tincorp Metals
- Productora H2 Bolivia
Work highlights
Advising RareX - an Australian-listed rare earths development company - on its strategic evaluation of Bolivia's rare earths sector.
Assisting Pirin Capital with its strategic entry into Bolivia's silver mining sector.
Assisted Canadian-based Pantera Silver in negotiating and executing a Definitive Agreement for the acquisition of the Rakanco Project in Bolivia, a silver exploration asset.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Mattías Garrón; Carlos Pinto

