The Audited Consolidated Financial Statements and Annual Report for FY2021 are also available under the Company's profile on SEDAR at www.sedar.com and on Atalaya's website at www.atalayamining.com.
FY2021 Highlights
Record annual copper production of 56,097 tonnes
Record financial performance, including EBITDA of
Asset portfolio enhanced -
Paid inaugural dividend of
Ended the Period with robust balance sheet including net cash of
Mining operations have continued normally despite COVID-19, with sufficient equipment on site to maintain the higher production levels required for the full operation of the expanded plant. Ore mined in 2021 was 13.5 million tonnes, in line with the previous year (13.6 million tonnes).
Processing
During FY2021, the plant continued to operate above nameplate capacity of 15 Mtpa and processed 15.8 million tonnes of ore with an average copper head grade of 0.41% and a recovery rate of 85.97%. In comparison to FY2020, the increased throughput and metallurgical recoveries more than offset the lower copper grades. In Q4 2021, 3.9 million tonnes of ore were processed, reporting a consistent quarterly throughput.
On-site concentrate inventories as at
Production
Concentrate production for FY2021 was 270,713 tonnes compared to 256,001 tonnes in FY2020. Contained copper was 56,097 tonnes compared to 55,890 tonnes in FY2020. Payable copper amounted to 53,390 tonnes from 53,330 tonnes in FY2020.
Contact:
Tel: + 44 20 3757 6882
About
Atalaya is an AIM and TSX-listed mining and development group which produces copper concentrates and silver by-product at its wholly owned Proyecto Riotinto site in southwest
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