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Atalaya gives green light to Proyecto Riotinto expansion

Atalaya Mining (LN:ATYM) has decided to go ahead with the €80.4 million (US$95.3 million) Proyecto Riotinto expansion and intends to raise £39 million (US$52.4 million) in equity to fund the expansion’s initial capital expenditure.

Atalaya gives green light to Proyecto Riotinto expansion Atalaya gives green light to Proyecto Riotinto expansion Atalaya gives green light to Proyecto Riotinto expansion Atalaya gives green light to Proyecto Riotinto expansion Atalaya gives green light to Proyecto Riotinto expansion

Atalaya has okayed the 15Mtpa Proyecto Riotinto expansion

The 15 million tonne per annum expansion project in south-western Spain will include a processing facility upgrade to increase copper concentrate output by about 40% to around 50,000-55,000tpa.<...