Business
Q2 2020 Operations Update
Q2 2020 Operations Update.
About this update from Atalaya Mining Copper Sa
[{"type":"text","content":"\n \n \n RNS Number : 9945S\n Atalaya Mining PLC\n 15 July 2020\n \n \n \n \n \n 15 July 2020\n \n \n \n Atalaya Mining Plc\n \n \n (\"Atalaya\" and/or the \"Company\")\n \n \n \n \n \n Second Quarter 2020 Operations Update\n \n \n \n \n \n Atalaya Mining Plc (AIM: ATYM; TSX: AYM) is pleased to announce its operations update for the second quarter of 2020 (\"Q2 2020\").\n \n \n Operating Highlights\n \n \n Proyecto Riotinto\n \n \n \n \n \n \n \n \n \n Q2\n \n \n \n \n Q1\n \n \n \n \n Full year\n \n \n \n \n \n \n 2020\n \n \n \n \n 2019\n \n \n \n \n 2020\n \n \n \n \n 2020 Guidance\n \n \n \n \n \n \n Ore mined\n \n \n \n \n (M tonnes)\n \n \n \n \n 3.2\n \n \n \n \n 2.8\n \n \n \n \n 3.0\n \n \n \n \n 15.0\n \n \n \n \n \n \n Waste mined\n \n \n \n \n (M tonnes)\n \n \n \n \n 5.7\n \n \n \n \n 3.6\n \n \n \n \n 5.1\n \n \n \n \n 22.7\n \n \n \n \n \n \n Ore milled\n \n \n \n \n (M tonnes)\n \n \n \n \n 3.6\n \n \n \n \n 2.6\n \n \n \n \n 3.4\n \n \n \n \n 14.0 - 15.0\n \n \n \n \n \n \n Cu grade\n \n \n \n \n (%)\n \n \n \n \n 0,44\n \n \n \n \n 0.48\n \n \n \n \n 0,47\n \n \n \n \n 0.45\n \n \n \n \n \n \n Cu recovery\n \n \n \n \n (%)\n \n \n \n \n 85.89\n \n \n \n \n 88.72\n \n \n \n \n 82.62\n \n \n \n \n 84 - 86\n \n \n \n \n \n \n Cu production\n \n \n \n \n (tonnes)\n \n \n \n \n 13,635\n \n \n \n \n 10,888\n \n \n \n \n 13,229\n \n \n \n \n 55,000 - 58,000\n \n \n \n \n \n \n \n \n \n ·\n Q2 2020 copper production was a new record of 13,635 tonnes, representing a 25% increase over the equivalent quarter of 2019 and above Q1 2020.\n \n \n · \n A total of 3.6 million tonnes of ore were processed with an average copper head grade of 0.44% and a recovery rate of 85.89%. \n \n \n o \n In comparison with the same quarter of 2019, throughput increased 39% while recovery decreased 3%. \n \n \n o \n Compared with Q1 2020, copper production increased 3% as a result of a 6% higher throughput and lower grades being compensated for by higher recoveries.\n \n \n · \n Plant recoveries increased as a result of operational improvements to the fully commissioned plant despite scheduled maintenance and mandatory COVID-19 shutdowns during the quarter.\n \n \n · \n As reported on 30 March 2020, operations at Proyecto Riotinto halted for five days following the Royal Decree issued by the Spanish g...