Business
Q3 2021 Operations Update and Increase in Guidance
Q3 2021 Operations Update and Increase in Guidance.
About this update from Atalaya Mining Copper Sa
[{"type":"text","content":"\n \n \n \n RNS Number : 8663O\n Atalaya Mining PLC\n 13 October 2021\n \n \n \n \n 13 October 2021\n \n \n Atalaya Mining Plc.\n \n \n (\"Atalaya\" or the \"Company\")\n \n \n Third Quarter 2021 Operations Update and Increase in 2021 Guidance\n \n \n \n \n \n Atalaya Mining Plc (AIM:ATYM, TSX:AYM) is pleased to announce its operations update for the third quarter of 2021 (\"Q3 2021\" or \"the Period\").\n \n \n \n \n \n Proyecto Riotinto Operating Highlights\n \n \n \n \n \n \n \n \n \n Q3\n \n \n \n \n Q2\n \n \n \n \n Year-to-date\n \n \n \n \n Full year guidance\n \n \n \n \n \n \n 2021\n \n \n \n \n 2020\n \n \n \n \n 2021\n \n \n \n \n 2021 \n \n \n \n \n \n \n Ore mined\n \n \n \n \n (M tonnes)\n \n \n \n \n 3.4\n \n \n \n \n 3.8\n \n \n \n \n 3.3\n \n \n \n \n 10.0\n \n \n \n \n 13.2\n \n \n \n \n \n \n Waste mined\n \n \n \n \n (M tonnes)\n \n \n \n \n 7.8\n \n \n \n \n 6.6\n \n \n \n \n 8.0\n \n \n \n \n 23.3\n \n \n \n \n 30.0\n \n \n \n \n \n \n Ore milled\n \n \n \n \n (M tonnes)\n \n \n \n \n 3.9\n \n \n \n \n 4.0\n \n \n \n \n 4.0\n \n \n \n \n 12.0\n \n \n \n \n 15.5 - 16.0\n \n \n \n \n \n \n Cu grade\n \n \n \n \n (%)\n \n \n \n \n 0.40\n \n \n \n \n 0.44\n \n \n \n \n 0.42\n \n \n \n \n 0.42\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 87.29\n \n \n \n \n 83.78\n \n \n \n \n 84.83\n \n \n \n \n 85.76\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 13,933\n \n \n \n \n 14,695\n \n \n \n \n 14,353\n \n \n \n \n 42,670\n \n \n \n \n 54,000 - 56,000\n \n \n \n \n \n \n \n \n \n · \n Copper production in Q3 2021 remained strong at 13,933 tonnes, and Atalaya is now increasing its production guidance for the full year 2021.\n \n \n · \n The plant processed 3.9 million tonnes of ore during Q3 2021, equivalent to a throughput rate of nearly 16 Mtpa, which included a planned SAG mill maintenance shutdown in the Period (previously scheduled for Q4 2021).\n \n \n · \n Recoveries of 87.2\n 9\n % were better than budgeted and helped to offset the impact of the mill shutdown and lower grades, resulting in only a modest decrease in copper production compared with previous quarters.\n \n \n · \n Despite COVID-19 restrictions during the Period, mining operations have continued normally with mining rates consistent wi...