Share Name Share Symbol Market Type Share ISIN Share Description
Atalaya Mining LSE:ATYM London Ordinary Share CY0106002112 ORD 7.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.50p +0.36% 140.50p 139.00p 142.00p 140.50p 139.00p 140.00p 181,277 10:29:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 83.8 -0.1 8.8 15.0 163.93

EMED Mining Mandates Goldman Sachs For $175 Million Finance

05/03/2012 9:00am

Dow Jones News

Atalaya Mining (LSE:ATYM)
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EMED Mining Public Ltd. (EMED.LN), a Europe-based minerals development and exploration company, said Monday it has formally mandated Goldman Sachs International on an exclusive basis to provide and/or arrange up to $175 million of finance to the Company, or a subsidiary, for the restart of the Rio Tinto Copper Mine.


-Financing is intended to be in the form of a copper pre-sale agreement.

-Under agreement EMED Mining will deliver the equivalent value of copper to Goldman Sachs on a monthly basis over a seven year term.

-Shares in London at 0825 GMT up 1 pence, or 10%, at 14.625 pence valuing the company at GBP113.92 million.

-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296;

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