Currently viewing Global edition

Atalaya sneaks into the black

In its first year of production Atalaya Mining (LN:ATYM) managed to turn a profit, thanks to a tax credit from Spain.

Atalaya sneaks into the black Atalaya sneaks into the black Atalaya sneaks into the black Atalaya sneaks into the black Atalaya sneaks into the black

Churning away: Despite one or two hitches, the mills were cleaned out and returned to form

The Proyecto Riotinto mine produced 26,179 tonnes of copper in concentrate in 2016 at a cash cost of US$1.95 per pound.

From revenue of 98.7 million (US$105 million), EBITDA was 15.4 million.