Throughout Q3 2021, the plant processed 3.9 million tonnes of ore, equal to a throughput charge of almost 16 Mtpa. This included a deliberate SAG mill upkeep shutdown that was beforehand scheduled for This autumn.
Copper recoveries of 87.29% had been higher than budgeted and helped to offset the affect of the mill shutdown and decrease grades, leading to solely a modest lower in copper manufacturing in contrast with earlier quarters.
Yr-to-date, Atalaya’s Proyecto Riotinto website has produced 42,670 tonnes of copper from 12 million tonnes of ore milled, for a median restoration charge of 85.76%.
Given the newest quarterly outcomes, the corporate now expects output to succeed in 54,000-56,000 tonnes for the 12 months, which is 2,000 increased than its unique steering.
Shares of Atalaya Mining surged 6.5% by 12:20 p.m. EDT on Thursday. The copper miner has a market capitalization of C$821.5 million.