Atalaya Mining

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

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. Annual Results 2025 Atalaya Mining, retrieved 19 March 2026^
  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. La Junta de Andalucía concede el permiso de explotación a EMED Tartessus para reactivar la mina de Riotinto Onda Minera RTV Nerva, 23 January 2015^
  6. Carlos Arenas Posadas. Riotinto, el declive de un mito minero (1954-2003) Revista de Historia Industrial, Universidad de Barcelona, 2017^
  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^