Business
Q4 2020 Operations Update and 2021 Guidance
Q4 2020 Operations Update and 2021 Guidance.
About this update from Atalaya Mining Copper Sa
[{"type":"text","content":"\n \n \n \n RNS Number : 6268L\n Atalaya Mining PLC\n 14 January 2021\n \n \n \n \n 14 January 2021\n \n \n Atalaya Mining Plc. (\"Atalaya\" or the \"Company\")\n \n \n Fourth Quarter 2020 Operations Update and 2021 Guidance\n \n \n \n \n \n New annual production record confirmed\n \n \n \n \n \n Atalaya Mining Plc. (AIM:ATYM, TSX:AYM) is pleased to announce its operations update for the fourth quarter of 2020 (\"Q4 2020\" or the \"Period\") and to provide guidance for 2021.\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 Q4\n \n \n \n \n Q3\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\n \n \n \n \n 2019\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 3.5\n \n \n \n \n 2.3\n \n \n \n \n 3.8\n \n \n \n \n 13.6\n \n \n \n \n 10.4\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 6.7\n \n \n \n \n 6.0\n \n \n \n \n 6.6\n \n \n \n \n 24.1\n \n \n \n \n 17.9\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 3.9\n \n \n \n \n 2.9\n \n \n \n \n 4.0\n \n \n \n \n 14.8\n \n \n \n \n 10.5\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 0.43\n \n \n \n \n 0.55\n \n \n \n \n 0.44\n \n \n \n \n 0.45\n \n \n \n \n 0.49\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 85.69\n \n \n \n \n 83.36\n \n \n \n \n 83.78\n \n \n \n \n 84.53\n \n \n \n \n 87.09\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 14,332\n \n \n \n \n 13,211\n \n \n \n \n 14,695\n \n \n \n \n 55,890\n \n \n \n \n 44,950\n \n \n \n \n 52,000 - 54,000\n \n \n \n \n \n \n \n \n · \n Copper production in Q4 2020 exceeded budget with 14,332 tonnes, an 8.5% increase on Q4 2019. \n \n \n o \n This is the second highest quarterly copper production and represents the fourth consecutive quarter where copper production exceeded 13,000 tonnes.\n \n \n · \n A new annual production record of 55,890 tonnes of copper was achieved in 2020, with the 2020 guidance met notwithstanding the operating challenges and the mandatory stoppage in April 2020 as a result of COVID-19 restrictions.\n \n \n · \...