RCS - Atalaya Mining PLC - Summary re. Approach to Sustainability

Atalaya MiningAnnouncement

25/01/2022 07:05

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RNS Number : 4537Z  Atalaya Mining PLC  25 January 2022

25 January 2022

Atalaya Mining Plc.

("Atalaya" or the "Company")

 

Publication of Summary Relating to Atalaya's Approach to Sustainability

 

Represents first step in new annual reporting plans regarding Atalaya's
sustainability practices

 

Atalaya Mining Plc (AIM:ATYM, TSX:AYM) is pleased to announce that it has
published a new document that provides additional disclosure on the Company's
comprehensive approach to Environmental, Social and Governance matters.

 

The document, titled "Atalaya Mining plc: Approach to Sustainability", can be
found on the Company's website at:

 

https://atalayamining.com/wp-content/uploads/2022/01/Atalaya_Folletoinversores_Final_24012022-jcc.pdf
(https://atalayamining.com/wp-content/uploads/2022/01/Atalaya_Folletoinversores_Final_24012022-jcc.pdf)

 

Sustainability Approach Summary

 

Atalaya's core objectives are to supply society with the essential raw
materials required for economic growth and the energy transition, while
ensuring that its mining activities are conducted in a manner that positively
impacts local communities, the environment and all of its stakeholders.

 

Regular reporting of its sustainability practices and performance is viewed as
key to achieving the Company's core objectives.

 

This summary document includes the following information:

·      Overview of Atalaya's longstanding and planned sustainability
initiatives;

·      Highlights of recent activities related to the various areas of
sustainability; and

·     Data for the year ended 31 December 2020 relating to quantitative
metrics and key performance indicators ("KPIs"), thus providing a benchmark
for future comparisons.

 

This summary document serves as the first step in Atalaya's new disclosure
plans concerning its sustainability practices. Going forward, Atalaya plans to
publish annual sustainability reports.

 

Inaugural Sustainability Report

 

In order to further enhance its disclosure, Atalaya will be releasing its
inaugural sustainability report for the year ended 31 December 2021
("Sustainability Report 2021") in Q1 2022.

 

This comprehensive report is being prepared with the assistance of ERM, the
largest global pure play sustainability consultancy, in accordance with Global
Reporting Initiative Sustainability Reporting Standards ("GRI Standards"). It
follows the completion of a materiality assessment undertaken by the Company
and will provide further detail on Atalaya's approach to Good Governance, its
People, Safety Operations, the Environment and Climate Change, Society, and
Innovation and Technology. In addition, it will include new data relating to
its KPIs for the year of 2021.

 

Alberto Lavandeira, CEO commented:

 

"We are pleased to provide all stakeholders with a new document that
highlights Atalaya's approach to sustainability. Since the re-start of
Proyecto Riotinto, we have been proud of the manner in which Atalaya has
operated in relation to safety, the environment, local communities and
corporate governance. Our strong relationships with the communities around our
operations are possible due to our first class approach to sustainability, and
we look forward to providing investors and other stakeholders with regular
updates on our performance along with our annual reporting."

 

 

 

Contacts:

 SEC Newgate UK             Elisabeth Cowell / Tom Carnegie            + 44 20 3757 6880
 4C Communications          Carina Corbett                             +44 20 3170 7973
 Canaccord Genuity          Henry Fitzgerald-O'Connor / James Asensio  +44 20 7523 8000

 (NOMAD and Joint Broker)
 BMO Capital Markets        Tom Rider / Andrew Cameron                 +44 20 7236 1010

 (Joint Broker)
 Peel Hunt LLP              Ross Allister / David McKeown              +44 20 7418 8900

 (Joint Broker)

 

About Atalaya Mining Plc

Atalaya is an AIM and TSX-listed mining and development group which produces
copper concentrates and silver by-product at its wholly owned Proyecto
Riotinto site in southwest Spain. Atalaya's current operations include the
Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has
the potential to become a centralised processing hub for ore sourced from its
wholly owned regional projects around Riotinto that include Proyecto Masa
Valverde and Proyecto Riotinto East. In addition, the Group has a phased,
earn-in agreement for up to 80% ownership of Proyecto Touro, a brownfield
copper project in the northwest of Spain. For further information, visit
www.atalayamining.com (http://www.atalayamining.com)

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