Atalaya Mining reports higher copper production in second quarter
12th Jul 2023 08:56
(Alliance News) - Atalaya Mining PLC on Wednesday reported that its copper production was up and its ore mined increased in the second quarter of 2023. Read More
(Alliance News) - Atalaya Mining PLC on Wednesday reported that its copper production was up and its ore mined increased in the second quarter of 2023. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning: Read More
Atalaya Mining PLC - Nicosia, Cyprus-headquartered copper producer with a portfolio of assets in Spain - Says operations mostly "performed well" but copper production was down 6.8% to 52,300 tonnes in 2022 from 56,100 tonnes in 2021 due to lower grades and throughput. Processing plant "performed solidly" despite stoppage related to transport sector strike in first quarter. Average feed grade of 0.4% copper and around 86% process recovery rate consistent with estimates and budget. Lower production and lower average realised copper price behind revenue decrease to EUR361.8 million from EUR405.7 million. However Atalaya says strong operating performance in late 2022 has continued into current year. Production guidance for 2023 therefore remains between 53,000 and 55,000 tonnes as announced in April. Figures given in statement by Non-Executive Chair Roger Davey, to be delivered at annual general meeting today. Read More
Atalaya Mining PLC - Glasgow-based copper producer with a portfolio of assets in Spain - Announces that the Ontario Securities Commission has granted the company approval to cease being a reporting issuer in Canadian jurisdictions. This announcement follows Atalaya Mining's voluntary delisting of its shares from the Toronto Stock Exchange in late March. Last month, company said that following this, it will continue to file all its financial statements and other disclosure materials in London. Read More
Atalaya Mining PLC - Glasgow-based copper producer with a portfolio of assets in Spain - Applies to the Ontario Securities Commission for a decision that it cease being a reporting issuer in Canada. Explains this follows the company's voluntary de-listing of its shares from the Toronto Stock Exchange on March 20. If granted and Atalaya ceases to be a reporting issuer in Canada, the company will continue to file all financial statements and other disclosure materials in London. Read More
(Alliance News) - Atalaya Mining PLC on Monday said its quarterly profit slipped as costs increased, while revenue growth was held back by lower realised copper prices. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday afternoon: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: Read More
(Alliance News) - Atalaya Mining PLC on Monday said it has made a positive start to the new year, leading the firm to be "confident" in its ability to achieve its full-year guidance for 2023. Read More
Atalaya Mining PLC - Glasgow, Scotland-based mining company focused on sustainable production of copper and other metals - says wholly-owned Masa Valverde project has been granted the Unified Environmental Authorisation by the regional government of Andalusia in southern Spain. The application was initiated in December 2021. Says the authorisation is an integrated process combining environmental impact assessment and other authorisations and specifies requirements to avoid, prevent and minimise a project's environmental impacts. Says it will now file for exploitation permit. "This is a very pleasing outcome, and the 15-month turnaround from the submission of our proposal highlights that Andalusia is a world-class mining jurisdiction. It is also testament to our focus on developing sustainable operations which show respect for the natural environment and contribute to the development of the regions where we operate." Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Atalaya Mining PLC - Cyprus-based copper producer - Says delisting from Toronto Stock exchange expected to be effected as of the close of trading on March 20, which is Monday next week, rather than previously expected date of March 7, which as last Tuesday. Notes that the company will continue to trade on London's AIM market. Atalaya applied for a voluntary delisting from Toronto in February, it said the finance costs and administrative requirements associated with its Toronto listing could no longer be justified. Read More
(Alliance News) - The FTSE 100 was called down on Monday morning, as the fall out from the collapse of Silicon Valley Bank continues, with HSBC Holdings stepping in to buy SVB's UK arm. Read More
(Alliance News) - Atalaya Mining PLC on Thursday said results from a new preliminary economic assessment for its three deposits at its flagship Riotinto project in Spain demonstrated strong economic and production growth potential. Read More
(Alliance News) - Atalaya Mining PLC on Monday said it has applied for a voluntary delisting of its ordinary shares from the Toronto Stock Exchange. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Atalaya Mining PLC on Thursday said drilling results from its ongoing exploration programme in Spain have indicated a potential new massive sulphide discovery and a new high-grade zone. Read More