Business
First Quarter 2021 Operations Update
First Quarter 2021 Operations Update.
About this update from Atalaya Mining Copper Sa
[{"type":"text","content":"\n \n \n \n RNS Number : 3677V\n Atalaya Mining PLC\n 14 April 2021\n \n \n \n \n \n \n \n 14 April 2021\n \n \n Atalaya Mining Plc.\n \n \n (\"Atalaya\" or the \"Company\")\n \n \n First Quarter 2021 Operations Update\n \n \n \n \n \n Atalaya Mining Plc. (AIM:ATYM, TSX:AYM) is pleased to announce its operations update for the first quarter of 2021 (\"Q1 2021\" or the \"Period\").\n \n \n \n \n \n Proyecto Riotinto Operating Highlights\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Q1\n \n \n \n \n Q4\n \n \n \n \n Full year\n \n \n \n \n \n \n 2021\n \n \n \n \n 2020\n \n \n \n \n 2020\n \n \n \n \n 2021 Guidance\n \n \n \n \n \n \n Ore mined\n \n \n \n \n (M tonnes)\n \n \n \n \n 3.3\n \n \n \n \n 3.0\n \n \n \n \n 3.5\n \n \n \n \n 15.1\n \n \n \n \n \n \n Waste mined\n \n \n \n \n (M tonnes)\n \n \n \n \n 7.4\n \n \n \n \n 5.1\n \n \n \n \n 6.7\n \n \n \n \n 25.9\n \n \n \n \n \n \n Ore milled\n \n \n \n \n (M tonnes)\n \n \n \n \n 4.0\n \n \n \n \n 3.4\n \n \n \n \n 3.9\n \n \n \n \n 15.0 - 15.5\n \n \n \n \n \n \n Cu grade\n \n \n \n \n (%)\n \n \n \n \n 0.41\n \n \n \n \n 0.47\n \n \n \n \n 0.43\n \n \n \n \n 0.42\n \n \n \n \n \n \n Cu recovery\n \n \n \n \n (%)\n \n \n \n \n 84.79\n \n \n \n \n 82.62\n \n \n \n \n 85.69\n \n \n \n \n 82 - 84\n \n \n \n \n \n \n Cu production\n \n \n \n \n (tonnes)\n \n \n \n \n 13,979\n \n \n \n \n 13,229\n \n \n \n \n 14,332\n \n \n \n \n 52,000 - 54,000\n \n \n \n \n \n \n \n \n · \n Copper production in Q1 2021 was 13,979 tonnes, 5.7% higher than Q1 2020 although slightly lower than Q4 2020 due to lower copper grades and recoveries during the Period.\n \n \n · \n As a result of the robust copper price environment and strong mill performance, the Company continues to supplement mill feed with some stockpiled lower grade ore in order to maximise the long-term value of the orebody.\n \n \n · \n The plant processed a record 4.0 million tonnes of ore during Q1 2021 despite seven days of planned maintenance stoppage during February, which were offset by a new monthly performance record in March when 1.5 million tonnes were processed.\n \n \n · \n The increase in copper production, when compared with the company's expectations, is mainly attributable to better metallurgical recoveries and higher mill throughput.\n \n \n · \n Despite ongoing COVID-19 restr...