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Atalaya excites with Riotinto update

TSX and AIM-listed Atalaya Mining has released a positive reserve update for its Riotinto mine in southwest Spain, which analysts from Canaccord Genuity believe could translate into a five-year mine life extension.

Oonagh Reidy
Atalaya Mining's Riotinto copper project in southwest Spain

Atalaya Mining's Riotinto copper project in southwest Spain

A new reserve estimate for Cerro Colorado - the main pit at Riotinto - showed proven and probable reserves of 186 Mt at 0.38% Cu for about 702 kt of contained copper - an increase of about 25Mt from the...

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