7th Jul 2016 09:43
LONDON (Alliance News) - Copper miner Atalaya Mining PLC on Thursday said it has appointed a new chief financial officer and continues to focus its energies on the Riotinto project in Spain.
Atalaya said it has appointed Cesar Sanchez as its chief financial officer with immediate effect. Sanchez is the former CFO at Iberian Minerals Corp, a Spanish miner with assets in Spain and Peru.
The appointment came as Roger Davey, Atalaya's chairman, said the group considers the long-term outlook for copper to be robust.
In a statement to the company's annual general meeting, Davey said the group had made good progress on the Riotinto copper project in Spain over the course of the year and this will remain its focus going forward, while it also considers potential further growth opportunities.
"Having made such exciting progress during 2015, we can look to the year ahead with growing confidence and optimism," he said.
Atalaya shares were down 1.5% to 102.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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