Financial PerformanceAtalaya released financial results after having previously reported the weakest quarterly production since 3Q19 as mill feed was 8% below reserve grade and the lowest since restarting operations in 2016.
ProductionProduction from the Riotinto mine was 11,583t of copper, with ore grades trending below internal plans and prompting management to reduce full-year guidance.
Project DelaysThe contractor for the 50MW solar plant has given notice of further delays and the company now expects completion in late-2024.