 Nothing negative that I can see
ruising pace for Atalaya Mining . The company led by Alberto Lavandeira has made public its sustainability report for the year 2023. From the document it is clear that the company that promotes the reopening of the Touro mine in alliance with Explotaciones Gallegas closed last year with profits worth 36 .7 million euros.
Read more: Atalaya redoubles its commitment to Touro after reaching production peaks at the Riotinto mine The figure represents a jump of 15.8% compared to 2022 in which, however, it did manage to bill more. Not in vain, as the firm reveals in its sustainability report, its turnover fell by 6%, reaching 340.3 million euros in a year that was shelved with a rebound of 76.4% in its ebitda (gross operating profit), which rose to 73.1 million euros.
The Atalaya Mining roadmap Atalaya Mining thus strengthens its accounts while moving forward with its plan to reopen the historic Touro mine, which has remained idle since 1987. «At Touro, our social and environmental efforts have earned the recognition of local communities and interested parties. , which has had a positive impact on the perspective of our projects," says Roger Davey , president of Atalaya Mining , who will be replaced by Neil Gregson on July 1.
“ Proyecto Touro , currently in the permitting phase, is expected to become our second key asset,” adds Atalaya Mining, which owns a 10% stake in Cobre San Rafael . This is the partnership through which both Atalaya Mining and its partner Explotaciones Gallegas promote the reopening of the historic deposit.
Read more: The multinational that promotes the Touro mine moves to Spain despite the political tension The rights acquisition agreement opens the door for Atalaya to acquire “up to 80% of the property as certain development milestones are met,” as the firm states in its sustainability report. The mining company whose CEO is the Galician Alberto Lavandeira "completed a positive pre-feasibility study in 2018, which contemplated a conventional operation consisting of open pit mining, crushing, grinding and flotation to produce copper concentrates."
The company is waiting to obtain definitive permits from the Xunta to be able to exploit this bronze deposit. Touro in which a new water treatment plant is currently operating. "It is addressing acid water runoff problems inherited from the historic mine that closed in 1987. The construction of the treatment plant was contemplated in the original project proposal, but Atalaya offered to solve the historic acid water problems before the new environmental impact assessment to demonstrate its operating philosophy and the advantages of modern operating systems," emphasizes the company.
The milestones in 2023 Among the milestones achieved in 2023, Atalaya Mining points to the request for authorization of wastewater discharge, the improvement of the Rego Felisa watercourse by stopping the acidic waters or the cleaning of the meanders of the Rego Portapego . The company assures that its objective is to "avoid any adverse impact on the environment, covering environmental, social and cultural aspects."
As part of this commitment, Atalaya Mining claims the 2 million euros invested in 2022 for the construction of a new wastewater treatment plant aimed at improving the quality of the waters in the area , which still carry the scar of acidification as consequences. of the operations carried out there in the 1970s and 1980s.
Read more: Paramés is already the first shareholder of Vocento and the second of the Touro and Elecnor mining company According to the company's calculations, 1.6 million cubic meters have already been treated in these facilities for which it is preparing another twist. «We are currently in the process of improving the WWTP through the implementation of a new biological treatment line, developed by a specialized Galician company, with the aim of further reducing ammonium values. This treatment includes bioleaching using bacteria that convert ammonium into nitrates and subsequent denitrification using expansive clays," the firm emphasizes.
"The construction of the WWTP was contemplated in the original project proposal, but Atalaya offered to begin this work before the new environmental impact assessment to demonstrate its operating philosophy and the advantages of modern exploitation systems," he justifies. Atalaya Mining , which estimates that this deposit contains reserves of 390,000 tons of copper , of which it plans to extract about 30,000 per year. |