Altaley Mining Corporation
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Michael Anthony Struthers
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 1111 Melville Street Vancouver BC Canada V6E 3V6
- IPO Date
- Dec 10, 2001
- Website
- altaleymining.com
- Similar Companies
- Business
- Luca Mining Corp (TSXV: LUCA, OTCQX: LUCMF, formerly Altaley Mining Corporation) operates as a Canadian-based mining company focused on the exploration, development, and production of gold, silver, zinc, lead, copper, and base and precious metals from its wholly-owned projects in Mexico; the company produces polymetallic concentrates including zinc, copper, lead with gold and silver by-products at its Campo Morado underground mine in Guerrero State, processing over 2,000 tonnes per day, and gold-silver-lead-zinc concentrates at its Tahuehueto underground mine in Durango State with a 1,000 tonnes per day processing capacity. Luca Mining holds approximately 12,090 hectares at Campo Morado, featuring volcanogenic massive sulfide deposits with measured and indicated resources of 16.6 million tonnes grading 4.01% zinc, 0.80% copper, 0.93% lead, 123 g/t silver, and 1.70 g/t gold, supporting a 20-year mine life, and 7,492 hectares at Tahuehueto, an epithermal gold-silver vein system offering high-grade potential and an initial 10.9-year mine life expandable through exploration. Founded prior to 2021 and headquartered in Vancouver, British Columbia, the company targets base and precious metals markets through offtake agreements including with Trafigura, serving industrial consumers in North America and beyond. In recent developments, Luca Mining achieved commercial production at Tahuehueto in March 2025 following mill commissioning and construction completion in July 2024, issued 2025 production guidance of 85,000-100,000 gold equivalent ounces across both operations, and launched a three-year US$25 million exploration program in November 2025 focused on high-grade gold at Campo Morado's Reforma zone and Tahuehueto; the company also acquired the adjacent Humaya 3 mining concession from Fresnillo plc in August 2025 for US$400,000, expanding its Tahuehueto land package by over 25% to nearly 10,000 hectares. Previously known as Altaley Mining, the company rebranded to Luca Mining Corp effective March 21, 2023, alongside management and board changes to support operational turnaround, and executed strategic financings including a US$5.8 million debt-to-equity conversion with Trafigura in 2023. Ongoing optimizations at Campo Morado include ramping throughput above 2,000 tonnes per day by late 2025, developing a third copper concentrate for improved precious metals payability, and a 5,000-metre drilling program to expand near-mine resources.
Altaley Mining announces name change, key appointments and review of contingent liabilities
Altaley Mining announces proposed name change to Luca Mining
Altaley Mining prepares for a strong 2023 as new management implements ‘robust' plans
Altaley Mining taps industry veteran Erick Underwood as CFO as it eyes strong profitability in 2023
Altaley Mining welcomes pre-production results during mill commissioning at Tahuehueto gold mine project
Altaley Mining identifies 'robust, deliverable' production plans for 2023 at both Mexico mines with CEO review
Altaley Mining announces share consolidation and rights offering
Altaley Mining appoints seasoned professional Mike Struthers as CEO
Altaley Mining sees $13.9M in 2Q revenue from sale of 8,194 tons of zinc concentrate with an average of 44.8% zinc and 406 grams per ton silver
Altaley Mining updates on pre-production mill commissioning at Tahuehueto gold mine
Couloir Capital is Pleased to Announce It Has Published a New Research Note on Altaley Mining Corporation
Altaley Mining a 'Buy' says broker Couloir Capital as miner ramps up production at its two Mexican projects
Altaley posts loss in first quarter, says operational issues impacted its Campo Morado mine
Altaley Mining eyeing first revenue from Tahuehueto in Mexico as mill commissioning kicks off
Altaley Mining reports positive net income of $36.2M in 2021 thanks to $98.4M in gross revenue
Altaley Mining files updated PFS for Tahuehueto, which improves Mexico mine's economics by 30%
Altaley Mining closes first tranche of private placement raising gross proceeds of $4.24M for Tahuehueto mine
Altaley Mining says it intends to conduct a non-brokered private placement financing to raise gross proceeds of up to C$5M
Red Cloud Securities initiates coverage of Altaley Mining with a Buy recommendation
Altaley Mining posts preliminary 4Q revenue of C$19.9M from Campo Morado in Mexico