Atalaya Mining

Atalaya Mining
TypePublic
LSE: ATYM
IndustryMining
Founded2004 (2004)
FounderAristidis (Harry) Anagnostaras Adams
Ron Cunneen
HeadquartersSeville, Spain
Key people
Roger Davey (chairman)
Alberto Lavandeira (CEO)
RevenueIncrease €482.9 million (2025)[1]
Increase €110.8 million (2025)[1]
Increase €85.4 million (2025)[1]
Websiteatalayamining.com

Atalaya Mining Copper S.A. , trading as Atalaya Mining, is a mining company focussed on copper deposits in Spain. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

President of the Regional Government of Andalusia Susana Díaz visiting the Cerro Colorado mining deposit, 2014

The company was founded by Aristidis (Harry) Anagnostaras-Adams and Ron Cunneen in Cyprus in September 2004.[2] It was listed on the Alternative Investment Market as Eastern Mediterranean Resources in May 2005,[3] and then changed its name to EMED Mining in September 2006.[4]

In July 2010, the company applied for a mining permit to develop the Cerro Colorado mining deposit, also known as Minas del Rey Salomón (Mines of King Solmon), in the Riotinto-Nerva mining basin in the province of Huelva, Andalusia.[2] The permit was granted in January 2015.[5][6] The company started commercial production of copper at the mine in Andalusia in February 2016 and then changed its name from EMED Mining to Atalaya Mining in October 2016.[7][8]

The company expanded its interests in Andalusia, when it purchased the Masa Valverde polymetallic project in October 2020,[9] and went on to acquire three investigation permits in the Riotinto East area in May 2021.[10]

The company transferred from the Alternative Investment Market to the main market of the London Stock Exchange in April 2024.[11] It re-domiciled its place of business from Cyprus to Spain and also changed its name to Atalaya Mining Copper SA in January 2025.[12]

References

  1. 1 2 3 "Annual Results 2025" (PDF). Atalaya Mining. Retrieved 19 March 2026.
  2. 1 2 "Return to King Solomon's Spanish mine". The Independent. 25 July 2010. Retrieved 3 March 2025.
  3. ↑ "Eastern Med Resources in GBP 2.25 mln AIM IPO". The Financial Mirror. 8 June 2005. Retrieved 3 March 2025.
  4. ↑ "Result of Extraordinary General Meeting". Share Prices.com. 20 September 2006. Retrieved 3 March 2025.
  5. ↑ ondaminera (23 January 2015). "La Junta de Andalucía concede el permiso de explotación a EMED Tartessus para reactivar la mina de Riotinto". Onda Minera RTV Nerva (in Spanish).
  6. ↑ Arenas Posadas, Carlos (2017). "Riotinto, el declive de un mito minero (1954-2003)". Revista de Historia Industrial (in Spanish) (69). Barcelona: Universidad de Barcelona: 137. ISSN 1132-7200.
  7. ↑ "Atalaya revives iconic Rio Tinto mine in Spain". The Northern Miner. 21 November 2016. Retrieved 3 March 2025.
  8. ↑ "Atalaya Mining transforms the original Rio Tinto mine from tarnished site into a polished moneyspinner". City AM. 5 December 2016. Retrieved 3 March 2025.
  9. ↑ "Atalaya acquires Masa Valverde polymetallic project in Spain". The Northern Miner. 21 October 2020. Retrieved 3 March 2025.
  10. ↑ "Atalaya Mining PLC Announces Update on Proyecto Riotinto East & Masa Valverde". Business Insider. 24 May 2021. Retrieved 3 March 2025.
  11. ↑ "Copper bull run saves Atalaya Mining first half". Investors Chronicle. 14 August 2024. Retrieved 3 March 2025.
  12. ↑ "Atalaya Mining completes re-domiciliation to Spain; changes name". Morning Star. 10 January 2025. Retrieved 3 March 2025.