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ATYM Atalaya Mining Plc

444.50
-10.50 (-2.31%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Atalaya Mining Plc 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
  -10.50 -2.31% 444.50 440.50 443.00 459.50 441.00 442.50 919,560 16:35:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Metal Mining Services 341.98M 38.77M - N/A 0
Atalaya Mining Plc is listed in the Metal Mining Services sector of the London Stock Exchange with ticker ATYM. The last closing price for Atalaya Mining was 455p. Over the last year, Atalaya Mining shares have traded in a share price range of 281.00p to 459.50p.

Atalaya Mining currently has 139,880,000 shares in issue.

Atalaya Mining Share Discussion Threads

Showing 16701 to 16720 of 21025 messages
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DateSubjectAuthorDiscuss
10/6/2019
12:26
No idea, but the move to more electrification and automation looks unstoppable, so they will either need to find more copper et al, refine the tech so it uses less or maybe even eventually get to situation where you will 'rent' the metal content. Who knows?
waterloo01
10/6/2019
12:11
@Waterloo01... Does the requirement for copper include that which will be needed to completely upgrade the UK's entire electricity infrastructure? The standard mains supply to a house is insufficient to allow an EV to be charged in a reasonable time. Thus, the supply to every house, flat, office and a fair number of other commercial premises will need to be approximately doubled. Which invloves a massive upgrade to every substation and the National Grid...

Then, they're going to need about another half-a-dozen nuclear power stations to provide the extra elecricity...

One gets the impression that "our betters" haven't really thought this one through terrible well!

pawsche
10/6/2019
10:24
No question about the fundamentals of copper/cobal.



In a letter to the UK’s Committee on Climate Change (CCC) on Wednesday (5 June), a team of scientists suggests that the CCC’s proposed target of net-zero emissions by 2050 will need almost all cars and vans on British roads to be electric-battery powered.

The team, which supports that goal, outlined the raw material needs and challenges that will come hand-in-hand with such an ambitious target. Current battery production requires materials like cobalt, copper and nickel.

Professor Richard Herrington of the Natural History Museum said in a statement that “there are huge implications for our natural resources not only to produce green technologies like electric cars but keep them charged”.

He and his colleagues calculated that switching all of the UK’s light vehicles to electric will require 207,900 tonnes of cobalt, 264,600 tonnes of lithium carbonate and over 2,300,000 tonnes of copper.

That amount of cobalt is twice the current global output, while the required amount of lithium is 75% of production and accounts for at least half of the copper output.

The calculation does not include heavy or light goods vehicles.

“Over the next few decades, global supply of raw materials must drastically change to accommodate not just the UK’s transformation to a low carbon economy, but the whole world’s,” Herrington adds.


EU’s Sefcovic: Real risk that ‘raw materials become the new oil’
Europeans have to be “very vigilant” that today’s dependency on imported oil and gas is not replaced by dependency on lithium, cobalt, copper and other raw materials that industries need for the green transition, Maroš Šefčovič told EURACTIV in an exclusive interview.

In terms of worldwide impact, the scientists estimate that cobalt production will have to increase nearly fourfold and copper will have to double, in order to satisfy the demand of 2 billion cars, the current projected total global fleet in 2050.

waterloo01
09/6/2019
16:08
Waterloo - it would never have got planning in this country, all those weird spiky towers completely out of character with the neighbourhood not to mention the lack of insulation and double glazing. Here in Wales it would be considered elitist just like the wonderful Habib opera house that we never got and would have been refused consent.
husbod
09/6/2019
11:24
This is the more balanced view, with the Xunta explaining that the Ombudsman is the one who is confused......




Also unemployment in Galicia is very high, but mobile and needs the work. According to information from the Public State Employment Service's Occupational Monitoring Centre, in September 2018 there were 166,320 unemployed jobseekers in Galicia.

stockknobjockeyvanbookstino
09/6/2019
06:42
Some things take time in Spain!



Barcelona's Sagrada Familia gets permit after 137 years

waterloo01
08/6/2019
20:44
I still notice a lot of confusion here. Maybe it is because there is a mix of information and opinion.

So, here are some facts of what is really going on.

1) The spanish Ombudsman is against the Touro Project and says that the Xunta is not acting properly. I mean, this is not a local situation any more. Now the spanish gobernment needs to be involved. Notice that this one is a different party than the Galician one.
hxxps://www.europapress.es/galicia/noticia-defensor-pueblo-ve-deficiente-actuacion-xunta-mina-touro-20190603201959.html

2) In the past elections the actual party in the Xunta has got the worst results ever. The elections in Galicia are the next year. This is not a good time to make decissions against the population.
hxxps://elpais.com/politica/2019/04/29/actualidad/1556493311_827733.html

3) The person in charge of giving the permits for the opening of the mine is under investigation for granting permits in the reopening of another mine in the same way. Maybe he will become very careful on this occasion.
hxxps://www.eldiario.es/galicia/politica/Tahoces_0_889611742.html

bonus.
The economic evolution in Spain is very positive. The number of contributors is at its historic maximum.
hxxps://elpais.com/economia/2019/06/04/actualidad/1559631177_298017.html
hxxps://www.eleconomista.es/economia/noticias/9919527/06/19/Paro-funcas-preve-que-espana-alcance-el-maximo-historico-de-empleo-en-junio.html

And in any case in Touro the people without employment are 157 people. You can find it if you wish. Opening the mine is not relevant.

Please, do the maths.

sonofvan
08/6/2019
17:51
Derrick.....I too have family ISA accounts in II and have thought about moving to another provider - due to general indolence I have done nothing about it thus far but your post has prompted me to get off my backside. Question..... is it necessary to sell ones holdings in the ISAs with II and then re invest with the new provider or is there a way of not having to take this rather onerous task? Many thanks
mip55
08/6/2019
17:09
Lots of news expected within the next month or so:mechanical completion of Rio Tinto upgrade from 37ktpa to 50-55ktpa at end of this monthTouro environmental permitting news by end of this month Q2 production results - second week in July?Update on Junta efforts to rectify AAU process after environmentalists complaints?Will trump and Xi meet at the G20 at the end of this month to talk trade??Hopefully some of these events will move out share price closer it the analysts price targets of £3.20+!!!
robmcelf2
07/6/2019
23:15
Because you're the lucky one.
stockknobjockeyvanbookstino
07/6/2019
19:44
Why can't I see Rougepierre's posts
riotinted_specs
07/6/2019
16:24
Triple bottom in copper...?
rougepierre
07/6/2019
15:10
Copper...BOOMMMM!
rougepierre
07/6/2019
14:32
ATYM very resilient considering the copper price weakness...

Is it about to bounce or crash through support at c$2.59?

Dollar weakening but so far while gold/silver doing well and pushing on resistance at $1350 and $15 respectively, copper just gets weaker...

Surely there are some huge plays in the offing?

Watching ARS with a view too adding...bought the wife back in...

SOLG completed our current planned buyback with all the shares at an average of 29.7 nd in for free from profits lodged...still uncertainty though...

A growing feeling that some big happenings are round the corner...

China/Mexico trade wars ongoing...

US economy weakening (weak jobs report)...

Bond markets pricing in three cuts this year...yield curve flattening recession round the corner?

With Trump's stupid pigheadedness I can't help feeling China holds all the cards...

Threatening to use Rare Earths as a weapon (Witco has an article about Tesla going bust...)

But when does China play the really big one by pulling the plug on US Treasuries...?

Meanwhile volatility is uncannily benign...

In conclusion, investors looking for somewhere to shift their funds...bonds set to fall...equities surely on the edge of a cliff because of corporate bonds and the weakening dollar?

Commodities look extremely appealing, especially silver, gold and copper in that order...

AIMHO as usual...have a good one!

rougepierre
07/6/2019
13:02
I have also divested 20% of my long term ATYM holding to boost my position in both KEFI - as overhang is being quickly cleared. And ARS which - unlike ATYM - has taken a short term beating due to copper price and trade talks. DYOR
riotinted_specs
06/6/2019
16:10
Never rated the man but have taken a small position in Kefi (does ATYM still own 10%).

Funding package looks impressive and I do favour gold along with copper.

waterloo01
06/6/2019
14:55
He always could get money
come on
06/6/2019
13:04
Good old Harry at Kefi :-)
shortarm
06/6/2019
09:58
Ot but SOLG using that copper price for its PEA could also be interpreted as sugar coating the potential.At least Steptoe has made a complete fool of himself this week and I'm sure that manic look in his eyes will resurface regularly in any future election.
husbod
05/6/2019
19:39
I picked up my first tranche of SOLG as well for 30.5. Long term play but they have a hell of a lot of metal in the ground.As far ATYM, everything looks very quiet here. When's are the next production fugues due?
leopoldalcox
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