Business
Correction to Q2 Provisional Revenue Adjustments
Correction to Q2 Provisional Revenue Adjustments.
About this update from Atalaya Mining Copper Sa
[{"type":"text","content":"\n\nAtalaya Mining Plc\n1 Lampousas Street\n1095 Nicosia, Cyprus\nTel: +357 22442705\nFax: +357 22442708\nwww.atalayamining.com\n \n20 July 2023\nAtalaya Mining Plc.\n(\"Atalaya\" or \"the Company\")\nCorrection to Q2 2023 Provisional Revenue Adjustments\n \nAtalaya Mining Plc (AIM: ATYM) announces a correction in relation to the \"Provisional Revenue Adjustments\" figure that was stated in its Q2 2023 Operations Update, which was published on 12 July 2023.\nThe \"Provisional Revenue Adjustments\" figure consists of cash adjustments for settled concentrate shipments and accounting non-cash fair value adjustments for unsettled concentrate shipments. In Q2 2023, the vast majority of the figure was related to non-cash fair value adjustments.\nCorrection to Provisional Revenue Adjustments\n\n\n\nIncorrect Figure\n\n\nCorrected Figure\n\n\n\n\n\"negative €0.7 million\"\n\n\n\"negative €6.6 million\"\n\n\n\n\n \n\n\n \n\n\n\nThe Company confirms that all other figures included in the Q2 2023 Operations Update are unchanged.\nContacts:\n\n\n\nSEC Newgate UK\n\n\nElisabeth Cowell / Tom Carnegie / Matthew Elliott\n\n\n+ 44 20 3757 6882\n\n\n\n\n4C Communications\n\n\nCarina Corbett\n\n\n+44 20 3170 7973\n\n\n\n\nCanaccord Genuity\n(NOMAD and Joint Broker)\n\n\nHenry Fitzgerald-O'Connor / James Asensio / Thomas Diehl\n\n\n+44 20 7523 8000\n\n\n\n\nBMO Capital Markets\n(Joint Broker)\n\n\nTom Rider / Andrew Cameron\n\n\n+44 20 7236 1010\n\n\n\n\nPeel Hunt LLP\n(Joint Broker)\n\n\nRoss Allister / David McKeown\n\n\n+44 20 7418 8900\n\n\n\n \nAbout Atalaya Mining Plc\nAtalaya is an AIM-listed mining and development group which produces copper concentrates and silver by-product at its wholly owned Proyecto Riotinto site in southwest Spain. Atalaya's current operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a central processing hub for ore sourced from its wholly owned regional projects around Riotinto that include Proyecto Masa Valverde and Proyecto Riotinto East. In addition, the Group has a phased earn-in agreement for up to 80% ownership of Proyecto Touro, a brownfield copper project in the northwest of Spain, as well as a 99.9% interest in Proyecto Ossa Morena. For further information, visit www.atalayamining.com\n \n \n\n","lengt...