Company Profile

Atalaya Mining Focused on Growth Through Expansion and Exploration

Atalaya Mining is a new European copper producer with Proyecto Riotinto as its main asset.

The Company operates an open-pit mine with certified ore reserves totalling 153 million tonnes of ore containing 680,000 t of Copper and fully operational large scale processing facilities and infrastructure.

 

Following 18 months of refurbishment, commissioning and ramp-up, commercial production was declared in February 2016 and the processing plant is now operating at design capacity. 

The Expansion Project is under way which will increase processing capacity to 9.5Mtpa by the end of 2016.

Strategy
Operational Expertise that Delivers

Atalaya Mining continues to build on its success at Proyecto Riotinto, increasing production and capacity at new assets, with a view to becoming a multi-asset producer. It maintains a focus on the development of low-cost, low-risk assets in mining-favourable jurisdictions.

Mission
Responsibly Increasing Long Term Value for All Stakeholders

Atalaya Mining implements its strategic objectives to ensure the ongoing stable growth of the Company. Protecting and enhancing the value for all stakeholders is of paramount importance, and the Company continuously looks at opportunities to achieve this.

Values
A Committed Duty to a Safe and Ethical Working Environment

Atalaya Mining is committed to responsible mining and upholds its core principles of honesty and accountability. The Company works with all stakeholders to ensure that its values are completely aligned with the local community and environment.

Board of Directors

Roger
Davey

Non-Executive Chair of the Board

Over 40 years’ experience in the mining industry. Former Senior Mining Engineer at NM Rothschild & Sons; former Director, VP and GM, AngloGold (Argentina). Currently a director of Orosur Mining Inc., Condor Gold Plc. and Central Asia Metals Plc.

Alberto
Lavandeira

Chief Executive Officer, Director

Over 38 years’ experience operating and developing mining projects. Former Chief Executive Officer, President and COO of Rio Narcea Gold Mines (1995-2007), which built three mines including Aguablanca. Director of Samref Overseas S.A (2007-2014) – involved in the development of the Mutanda Copper-Cobalt Mine in the DRC.

Jesús
Fernández

Non-Executive Director

Head of the M&A team for Trafigura. He joined Trafigura in 2004 and has 15 years of experience in mining investments and financing. Currently a director of Cadillac Ventures and Mawson West Limited. Previously a director of Tiger Resources Limited, Anvil Mining Limited and Iberian Minerals Corp. plc.

Harry
Liu

Non-Executive Director

Vice President, Yanggu Xiangguang Copper (XGC) one of the world’s largest copper smelting, refining and processing groups in Shandong Province, China. Former senior management and marketing positions in the mineral and financial industries in Shanghai and Hong Kong, including roles as Marketing Manager at BHP Billiton Marketing AG and Director at BNP Paribas Asia.

Jonathan
Lamb

Non-Executive Director

Investment Manager at Orion Mine Finance and formerly Investment Manager for Red Kite Group’s Mine Finance business. Previously with Deutsche Bank’s Metals & Mining Investment Banking group in New York, where he worked on a variety of debt and equity financings and M&A transactions.

Damon
Barber

Non-Executive Director

Senior Managing Director of Liberty Metals & Mining Holdings, LLC. Formerly held management positions with several mining companies, served as the Head of Deutsche Bank's Metals Mining investment banking practice in Asia-Pacific and was an investment banker in Credit Suisse's Energy Group. Currently a director of Yara Dallol B.V., Cockatoo Coal Limited and Ram River Coal Corp. and holds a B.S. degree in Mining Engineering from the University of Kentucky and an MBA in Finance from the Wharton School of Business.

José
Sierra

Non-Executive Director

Extensive experience as a mining and energy leader in the business and government sectors. Former Director General of Mines and Construction Industries in Spain, Former Director European Commission and National Spanish Commission. Currently a member of the Board of Transport et Infrastructures Gaz France.

Hussein
Barma

Non-Executive Director

Principal of Barma Advisory. Formerly CFO (UK) of Antofagasta plc from 1998 to 2014 with a deep knowledge of governance practices at board level, as well as accounting and reporting, investor relations and the regulatory requirements of the London market. Previously worked as an auditor at Price Waterhouse (now PwC). Steering group member of the UK Financial Reporting Council’s Financial Reporting Lab.

Stephen
Scott

Non-Executive Director

President and CEO of Entrée Gold Inc. Previously he was President and CEO of Minenet Advisors advising on strategy, corporate development, business restructuring and project management. Between 2000 and 2014, he held various global executive positions with Rio Tinto and currently serves on the boards of a number of public and private mining companies.

Senior Management

Julián
Sánchez

General Manager – Operations

19 years of international mining experience including Spain, DRC, Mauritania, China and Peru. Former Deputy Head of Mining at Eferton Resources. Involved in the development of the world-class Mutanda Copper-Cobalt Mine in the DRC, and was involved in the development of Kinross’ Tasiast Mine in Mauritania and Aguablanca in Spain. Mining Engineer with an MBA in Mineral Economics from the University of Curtin, Western Australia.

César
Sánchez

Chief Financial Officer

CFO of various companies in mining and financial services providers, including CFO of Iberian Minerals Corp. with interests in copper assets in Spain and Peru where played a key role in that company’s equity and debt raisings. Worked for Ernst & Young as financial advisor and auditor to the industrial sector, specializing in due diligence, debt raising, IPOs, mergers and restructurings processes. He is a qualified accountant and holds a business administration degree (University of Seville, Spain) and financial and banking courses at Dublin City University and ESIC Business & Marketing School.

Corporate Governance

Committed to sound corporate governance

Corporate governance refers to the way the business and affairs of a reporting issuer are managed and relates to the activities of the Board. Corporate governance takes into account the role of the individual members of management who are appointed by the Board and who are charged with the everyday management of the Company.

Read More

Milestones

Notable Milestones in Atalaya Mining’s short history include:

May 2005

Eastern Mediterranean Resources Public Ltd commenced trading on AIM under the symbol EMED following an initial public offering of its shares. The Company's AIM Admission Document is available by clicking here.

September 2006

Shareholders approved the change of Company name from Eastern Mediterranean Resources Public Limited to EMED Mining Public Limited.

May 2007

EMED Mining was granted an option to acquire the Rio Tinto Copper Mine known as Proyecto Riotinto ("PRT") in Spain.

October 2008

EMED Mining acquired 100% ownership of PRT.

December 2010

EMED Mining commenced trading on the Toronto Stock Exchange under the symbol EMD. 

March 2014

EMED Mining received the approved Unified Environmental Authorisation (“AAU”) for Riotinto Copper Project

April 2014

EMED Mining received the transfer of the Riotinto mining rights (granting of “Administrative Standing”)

January 2015

EMED Mining received the Mining Permit and Restoration Plan Approval for Proyecto Riotinto when started construction and refurbishment operations

April 2015

Proyecto Riotinto First Blast

June 2015

EMED shareholder meeting approves equity raise for financing Proyecto Riotinto to achieve 7.5Mtpa production capacity

Oct 2015

Shareholders approve name change from EMED Mining to Atalaya Mining Plc

Feb 2016

Proyecto Riotinto starts Commercial Production

Jun 2016

Construction of Expansion Project completed

Dec 2016

Nameplate capacity achieved at Riotinto Mine

Feb 2017

Exercise of Option to acquire interest in the Touro Copper  Project in Spain