Atalaya Mining (GB:ATYM) has released an update.
Atalaya Mining Plc reported a strong first quarter in 2024, maintaining a robust balance sheet with €36.1 million in net cash, despite a decrease in copper production and sales volumes leading to lower revenues and profits compared to the previous year. The company’s cost control measures partially offset the impact of lower copper prices, and further investments were made in key projects, including waste stripping at San Dionisio. Atalaya’s move to the Main Market of the London Stock Exchange marks a significant corporate milestone, and the company remains poised for future growth with a pipeline of projects in regions with established mining infrastructure.
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