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Andean Precious Metals’ Revolutionary Cash Flowing Mining Model | CEO & Founder Alberto Morales

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Oct 29, 2025
Alberto Morales, CEO and founder of Andean Precious Metals, transformed a struggling Bolivian silver mill into a thriving cash flow powerhouse. He discusses innovative strategies that allow the company to profitably process third-party ore, sidestepping reliance on dwindling reserves. Alberto also shares insights on reducing political risk by expanding operations into California's Golden Queen mine, emphasizing their disciplined financial management, impressive liquidity, and ongoing exploration plans that ensure sustainable growth.
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INSIGHT

Processing Hub Model Rewrites Mining Playbook

  • Andean converted a near-depleted Bolivian mill into an industrial processing hub that buys third-party ore.
  • That model turns a short-life mine into a long-term cash-flow business without relying on own reserves.
ADVICE

Prefer Buying Ore Over Tolling

  • Buy ore contracts rather than tolling to own the metal and capture full upside.
  • Structure deals by distance and grade so farther ore must have higher grade to cover logistics.
ANECDOTE

Cerro Rico's Historic Oxide Legacy

  • Cerro Rico produced over a billion ounces of silver and left mostly alluvial oxide deposits near the mountain.
  • Morales bought the plant in 2017 after the prior operator exhausted nine years of oxide reserves.
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