Nicosia, Cyprus (FSCwire) - At Atalaya Mining's AGM, to be held at 11.00 a.m. (UK) today at Canaccord Genuity, 88 Wood Street, London EC2V 7QR, United Kingdom, Roger Davey, non-executive Chairman, will make the following statement:

 

"2017 has been a year of stabilisation and process improvements at the RioTinto Project and was the first full year of commercial production for your company. The ore processing throughput rate was steadily increased to achieve a cumulative plant throughput of 8.8 Mtpa (against a nameplate capacity 9.5 Mtpa). Copper grade was consistent with reserve estimates and the process recovery rate improved over the year to 85.45%, producing a total of 37,164 tonnes of copper, an increase of 40% over the 2016 production, from an average copper head grade of 0.49%.

 

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Contacts:

Newgate Communications	Charles Chichester / James Ash / James Browne	+44 20 7680 6550
4C Communications	Carina Corbett	+44 20 3170 7973
Canaccord Genuity (NOMAD and Joint Broker)	Henry Fitzgerald-O'Connor / Martin Davison / James Asensio	+44 20 7523 8000
BMO Capital Markets (Joint Broker)	Jeffrey Couch/Neil Haycock/Tom Rider	+44 20 7236 1010

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public://news_release_pdf/atalya06272018.pdf

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Source: Atalaya Mining Plc (TSX:AYM, AIM:ATYM)

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