REG - Atalaya Mining PLC - Publication of 2022 Sustainability Report

Atalaya MiningAnnouncement

16/05/2023 07:00

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RNS Number : 4742Z  Atalaya Mining PLC  16 May 2023

Atalaya Mining Plc

1 Lampousas Street

1095 Nicosia, Cyprus

Tel: +357 22442705

Fax: +357 22442708

www.atalayamining.com

 

16 May 2023

Atalaya Mining Plc.

("Atalaya" or "the Company")

Publication of 2022 Sustainability Report

Highlights Atalaya's commitment to enhancing its disclosure and performance

 

Atalaya Mining Plc (AIM: ATYM) is pleased to announce the publication of its
Sustainability Report for the year ended 31 December 2022 ("2022
Sustainability Report").

The 2022 Sustainability Report was prepared in accordance with Global
Reporting Initiative Sustainability Reporting Standards ("GRI Standards") with
the assistance of independent sustainability consultancy ERM International
Group Ltd. and was verified by EY.

The full report and relevant data can be found on the Company's website at
www.atalayamining.com (http://www.atalayamining.com) .

2022 Sustainability Report Highlights

·      Good Governance and Responsible Management

‒      71% independent directors and 86% non-executive directors

‒      Zero incidents of corruption or code of conduct violations

·      People

‒      494 employees, of which 89% are under permanent contracts

‒      68% of employees come from villages surrounding the mine

‒      8,526 hours of training

·      Safety Operations

‒      Zero fatalities

‒      Improved Lost Time Injuries Frequency Rate ("LTIFR") for own
employees

‒      Improved injury severity rate for own employees

‒      Zero tailings dam safety incidents and a dam safety factor of
1.88

·      Environment and Climate Change

‒      Energy consumption of 5.2 GJ per tonne copper concentrate

‒      Surface water withdrawal of 0.32m(3) per tonne of ore processed

‒      24% of mining waste was reused in the project

‒      90% of non-mining waste diverted from disposal

‒      Estimated Total GHG emissions of 342 kt CO2eq

·      Society

‒      €2.7 million invested for heritage conservation

‒      €1 million dedicated to social activities through our
foundation

‒      92% of invoices from local suppliers

·      Innovation and Technology

‒      €4.3 million investment in geological and mining research

‒      Ratio of investment in R&D&I to EBITDA of 14.9%

 

Alberto Lavandeira, CEO, commented:

"The publication of our second annual sustainability report builds on the
company-wide efforts we have made in recent years to enhance our corporate
disclosure. Atalaya has always operated in a safe and responsible manner, with
a focus on positively impacting our nearby communities, the environment and
our many other stakeholders.

We continue to collaborate with local municipalities via the Fundación
Atalaya Riotinto, which supports and sponsors initiatives related to
education, health, the environment and culture.

We have made investments in projects that reduce our external water
consumption and initiated construction of our 50 MW solar plant for
self-consumption, which will lower our GHG emissions. We are also studying
further renewable energy options, such as the installation of wind turbines at
Riotinto.

In terms of governance, we appointed a board member with significant expertise
in ESG matters, established a Sustainability Committee and updated our code of
ethics to include an express commitment to human rights, and we continue to
make progress in the implementation of our compliance system.

During 2023, we will make further progress and should like to thank all our
stakeholders for their ongoing support."

Contacts:

 SEC Newgate UK             Elisabeth Cowell / Matthew Elliott                        + 44 20 3757 6882
 4C Communications          Carina Corbett                                            +44 20 3170 7973
 Canaccord Genuity          Henry Fitzgerald-O'Connor / James Asensio / Thomas Diehl  +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-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 central 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, as well as a 99.9% interest in Proyecto Ossa Morena. For
further information, visit www.atalayamining.com
(http://www.atalayamining.com)

 

 

 

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