Atalaya Mining Plc reported production results for the fourth quarter and full year 2023. For the quarter, the company reported Ore mined was 3.7 million tons in Fourth Quarter 2023 (Q4 2022: 3.5 million tonnes), compared with 3.8 million tons in Third Quarter 2023. Waste mined was 7.4 million tons in Fourth Quarter 2023 (Q4 2022: 5.3 million tonnes), compared with 9.7 million tons in Third Quarter 2023. The plant processed ore of 4.1 million tons during Fourth Quarter 2023 (Q4 2022: 4.0 million tonnes), compared with 3.9 million tons in Third Quarter 2023. Copper production was 12,775 tons in Fourth Quarter 2023 (Q4 2022: 13,969 tonnes), compared with 12,541 tons in Third Quarter 2023.

For the year, Ore mined was 14.9 million tons in FY2023 (FY2022: 14.9 million tonnes). Waste mined was 32.2 million tons in FY2023 (FY2022: 24.7 million tonnes). Increased waste mining was completed at Cerro Colorado in FY2023 to allow for the move of mining equipment to the San Dionisio area. Throughput was 15.8 million tons in FY2023 (FY2022: 15.4 million tonnes), again delivering plant performance above its 15 million tonne per annum nameplate capacity. Copper production was 51,667 tons in FY2023 (FY2022: 52,269 tonnes). Production for FY2023 was slightly below guidance as a result of lower grades, partly offset by higher ore throughput and recoveries.