(Alliance News) - Atalaya Mining PLC on Tuesday said activities at Proyecto Riotinto continue with no interruption to production, but with restrictions put on by the government of Spain.
The AIM-listed copper ore company said it has cancelled all non-critical site visits and employee and contractor meetings, with employees asked to work remotely "whenever possible" and to communicate any potential exposure to the virus.
Atalaya said to-date it has not experienced any negative impact on production or shipment of concentrate from Huelva, where Proyecto Riotinto - an open-pit copper mine - is located.
Additionally, there has been no significant disruption to the supply chain of the company's operation, it highlighted, and the level of critical consumables and spare parts for production continues to be acceptable.
Looking ahead, Atalaya maintained its production guidance for 2020, but said it is conscious of the rapid outbreak of the coronavirus and the evolving measures being imposed to reduce its spread by the Spanish Central Government.
"The recently imposed national restrictions have not impacted the company's operations but the potential future impact of these restrictions is unknown," Atalaya said in its statement Tuesday.
The stock was trading 2.1% higher in London in afternoon trade at 103.60 pence a share.
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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