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On The Verge of Huge Growth in Mexico and Canada With Ralph Shearing of Altaley Mining Corp
Description
In this episode, we chat to Ralph Shearing, CEO & President of Altaley Mining Corp who is a Canadian publicly listed mining company on both the TSX and the Frankfurt Stock Exchange. They operate in Mexico where they engage in exploration, development, and operation of polymetallic mineral resource projects
Ralph is a geologist by background. He has been with the company for an incredible 36 years. Ralph is on the podcast to talk about the company and its gold and zinc projects, entrepreneurship, and growth areas in the industry.
KEY TAKEAWAYS
- Altaley Mining Corp is just a few weeks away from getting their first ball mill up and running at Tahuehueto. With the 2nd one coming on stream later in 2022.
- By mid-2022 production will be at 1000 tonnes a day.
- They are close to completing testing of two technologies. Both of which have boosted gold and silver extraction levels.
- They are currently pulling in $2 to $3 million EBITA from their Campo Morado polymetallic mine.
- By mid-2022 they will start to produce a copper concentrate alongside the zinc they already mine.
- Copper is a commodity that should perform well for the long term.
- The Campo Morado mine produces around 2,000 tonnes a day and has a 20-year life.
- Both projects have several opportunities to expand, which Ralph talks about in the episode.
- There is a lot of growth potential for the Alt-a-lay stock price. Ralph explains why, during the podcast.
- The fact there are not enough people around with the right knowledge means that there are still lots of opportunities within the mining sector.
BEST MOMENTS
‘Mining companies are making great money these days. ´
‘We hope to be able to justify an expansion from 1000 tonnes per day….to 3000 tonnes in 3 to 5 years.’
‘There are some very good opportunities for young people…in the mining sector.’
EPISODE RESOURCES
Website: https://www.altaleymining.com/
LinkedIn: https://www.linkedin.com/company/altaleymining
Twitter: https://twitter.com/altaleymining
Facebook: https://www.facebook.com/AltaleyMining/
YouTube: https://www.youtube.com/altaleymining
Email: ralph@telsonmining.com
VALUABLE RESOURCES
Email: rob@mining-international.org
Website: https://www.mining-international.org/
LinkedIn: https://www.linkedin.com/in/rob-tyson/
Twitter: https://twitter.com/MiningRobTyson
Facebook: https://www.facebook.com/DigDeepTheMiningPodcast/
Instagram: https://www.instagram.com/theminingpodcast/
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast/videos
ABOUT THE HOST
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community insight into people's experiences and careers covering any mining discipline, giving the lis