Atalaya Mining PLC - Cyprus-based copper producer - Maintains its 2020 production guidance of between 55,000 to 58,000 tonnes. Currently assessing opportunities for growth following the 2019 mine expansion. Copper production at Proyecto Riotinto mine in 2019 was 45,000 tonnes, up 7% year-on-year. Cash costs and all-in sustaining costs for the year were USD1.80 per pound and USD2.14 per pound respectively, and therefore below the budget of USD2.10/lb and USD2.32/lb.
Current stock price: 143.10 pence
Year-to-date change: down 25%
By Ife Taiwo; ifetaiwo@alliancenews.com
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