Atalaya Mining plc is pleased to announce that it has made the payment of the €53 million to Astor Management, AG following the approval of its Board of Directors. This amount arises from arrangements entered into with Astor in 2008 in relation to Proyecto Riotinto. As previously announced, the timing of the payment of the Deferred Consideration has been subject to a legal process. The Court of Appeal supported the view [...]
Atalaya Mining plc announces that it has issued 40,750 ordinary shares of 7.5p in the Company pursuant to an exercise of share options by certain employees. Application has been made for the Option Shares to be admitted to trading on AIM and the dealings in the new ordinary shares are expected to commence on or around 17 February 2021. Following the issue of the Option Shares, which will rank pari passu with all existing [...]
Atalaya Mining plc is pleased to announce that its Board of Directors has appointed Neil Gregson as an independent Non-Executive Director of the Company. Neil Dean Gregson has over 30 years' experience of investing in mining and oil and gas companies. From 2010 to 2020 he was a Managing Director at J.P. Morgan Asset Management where, as a member of the equity team, he was a portfolio manager investing in mining and energy [...]
New annual production record confirmed Atalaya Mining plc is pleased to announce its operations update for the fourth quarter of 2020 and to provide guidance for 2021. Proyecto Riotinto Operating Highlights Q4 Q3 Full year 2020 2019 2020 2020 2019 2021 Guidance Ore mined 3.5 2.3 3.8 13.6 10.4 15.1 Waste mined 6.7 6.0 6.6 24.1 17.9 25.9 Ore milled 3.9 2.9 4.0 14.8 10.5 15.0 - 15.5 Cu grade 0.43 0.55 0.44 0.45 0.49 0.42 Cu [...]
Atalaya Mining Plc announces that it has issued 801,583 ordinary shares pursuant to an exercise of share options and obligations owed to certain employees. The Company has been notified that certain employees have exercised options over 768,250 ordinary shares of 7.5p in the Company and the Company has also satisfied a prior obligation to an employee through the issue of a further 33,333 new ordinary shares of 7.5p in the [...]
Atalaya Mining Plc announces that further to the TR-1 announcements of 26 November 2020 and 15 December 2020, and in accordance with the terms of the Subscription Agreement between Orion Mine Finance Fund 1, L.P. and the Company, Mr. Jonathan Lamb has stepped down as a Non-Executive Director of Atalaya, with immediate effect. Mr. Lamb was appointed as a Non-Executive Director in September 2015. Mr. Lamb's industry [...]
Atalaya Mining Plc , is pleased to announce its quarterly results for the period ended 30 September 2020 , together with its unaudited interim condensed consolidated financial statements for the year to date. The Unaudited Interim Condensed Consolidated Financial Statements for the nine months ended 30 September 2020 are also available under the Company´s profile on SEDAR at www.sedar.com and on Atalaya`s website at [...]
Atalaya approves feasibility study to evaluate production of cathodes at Proyecto Riotinto using newly developed E-LIX System Atalaya Mining plc is pleased to announce that it has commenced the execution of a feasibility study to evaluate the economic viability of producing cathodes from complex sulphide ores prevalent in the Iberian Pyrite Belt through the application of a new extraction process called the E-LIX System [...]
Acquisition of the Masa Valverde polymetallic VMS project in Huelva, Spain Atalaya Mining plc , is pleased to announce that it has entered into a definitive purchase agreement to acquire 100% of the Masa Valverde polymetallic project located in Huelva, Spain through the acquisition of 100% of a Spanish company . Under the terms of the agreement, Atalaya will make an aggregate €1.4 million cash payment in two installments [...]
Record Production and on-track to meet Full Year Guidance Atalaya Mining plc is pleased to announce its operations update for the third quarter of 2020 . Operating Highlights Proyecto Riotinto Q3 Q2 Year-to-date Full year guidance 2020 2019 2020 2020 Ore mined 3.8 2.7 3.2 10.1 15.0 Waste mined 6.6 4.4 5.7 17.4 22-23 Ore milled 4.0 2.6 3.6 11.0 14.0-15.0 Cu grade 0.44 0.47 0.44 0.45 0.45 Cu recovery 83.78 87.38 85.89 84.13 [...]
Atalaya Mining Plc is pleased to announce that it has started the permitting process to develop a 50MW solar plant at its Proyecto Riotinto. The full capacity of the Solar Project will be used for self-consumption. Proyecto Riotinto is located in an area with a natural abundance of sunlight which is conducive to solar power generation. Technical studies carried out by a third party during the past months have indicated [...]
Atalaya Mining plc is pleased to announce its quarterly results for the period ended 30 June 2020, together with its unaudited interim condensed consolidated financial statements. The Unaudited Interim Condensed Consolidated Financial Statements for the six months ended 30 June 2020 are also available under the Company's profile on SEDAR at www.sedar.com and on Atalaya's website at www.atalayamining.com. Financial [...]