Atalaya Mining — Atalaya Acquires Tharsis Mining

(LSE:ATYM) Atalaya Mining has completed the €125 million acquisition of Tharsis Mining. The acquisition involved an upfront payment of €75 million and a deferred payment of €50 million, which is due within 12 months, secured by a bank guarantee and accruing interest at 12‑month EURIBOR plus 1.5%. Following the transaction, Atalaya reports a pro-forma net cash position of over €260 million and confirms that there is no equity dilution as a result of the deal. The Tharsis Mining acquisition adds combined Mineral Resources of approximately 227.7 million tonnes containing about 1.5 million tonnes of copper, approximately 3.5 million tonnes of zinc, approximately 1.4 million tonnes of lead, 7.5 million ounces of gold, and 157.4 million ounces of silver. Of these resources, approximately 199.2 million tonnes are amenable to open-pit mining. A 2023 Preliminary Economic Assessment (PEA) modelled a 5 million tonnes per annum open-pit and hydrometallurgical processing route for the project. Identified legacy and contingent liabilities associated with Tharsis Mining are approximately €7 million. Atalaya plans to sequence the development of Tharsis after Proyecto Touro. The company is targeting regional synergies and intends to conduct further technical studies and permitting for Tharsis.

Touro Declared Strategic Project

(LSE:ATYM) Atalaya Mining Copper, S.A. announced that Proyecto Touro, through its local entity Cobre San Rafael ("CSR"), has been designated as a Strategic Project by the European Commission under the European Union’s Critical Raw Materials Act (CRMA). The EU designation recognizes Proyecto Touro's strategic importance in contributing to a secure and sustainable European supply of copper, which is included on the EU’s list of strategic raw materials. In 2024, Proyecto Touro was also declared a strategic industrial project (Proyecto Industrial Estratégico, PIE) by the Xunta de Galicia, highlighting its potential to support new investment and economic development in Galicia. Alberto Lavandeira, CEO of Atalaya Mining, stated that the European Commission's declaration reinforces confidence in Proyecto Touro, which is designed as a modern and sustainable copper operation to provide Europe with reliable access to critical raw materials. The Xunta de Galicia has announced the launch of a public tender for mining concessions, confirming its commitment to promoting mining investment in Galicia. Atalaya Mining is working towards finalising the environmental approval process for the Touro copper project, which is believed to be close to completion. The CRMA entered into force on 23 May 2024 and aims to strengthen the EU's capacity along critical raw materials value chains and diversify supply sources. The European Commission launched two calls for applications for Strategic Projects, with the first closing on 22 August 2024 and the second on 15 January 2026. For the second call, the Commission received 102 applications from 18 Member States, and 92 applications were assessed against CRMA criteria. The assessment involved the European Commission, external experts, the Critical Raw Materials Board, and the European Parliament as an observer. Atalaya Mining owns and operates the Proyecto Riotinto complex in southwest Spain, including the Cerro Colorado open pit mine and a 15 Mtpa processing plant. The company has a phased earn-in agreement for up to 80% ownership of Cobre San Rafael S.L., which fully owns Proyecto Touro. Atalaya also holds a 99.9% interest in Proyecto Ossa Morena.

Results secondary placing Atalaya Mining Copper SA

(LSE:ATYM) Urion Investment Holdings Limited ("Trafigura" or the "Seller"), a member of the Trafigura group, has agreed to sell in aggregate 16,821,212 Placing Shares at the price of 915 pence per share, raising aggregate gross proceeds of approximately £154 million. Following settlement of the Placing, Trafigura will have exited its shareholding in Atalaya Mining in full. J.P. Morgan SE is acting as Sole Global Coordinator and Joint Bookrunner in connection with the Placing. BMO Capital Markets Limited is acting as Joint Bookrunner in connection with the Placing. Atalaya Mining will not receive any proceeds from the Placing.

Secondary placing in Atalaya Mining Copper SA

(LSE:ATYM) Urion Investments Holdings Limited announces its intention to sell approximately 16.8 million ordinary shares with a nominal value of €0.09 each in Atalaya Mining Copper, S.A. As of 10th August 2026, the Placing Shares represent approximately 10.9% of the Company's issued share capital. The Placing Shares are being offered by way of an accelerated bookbuild, which will be launched immediately following this announcement. J.P. Morgan SE is acting as Sole Global Coordinator and Joint Bookrunner in connection with the Placing, and BMO Capital Markets Limited is acting as Joint Bookrunner. Following completion of the Placing, Trafigura is expected to have exited its shareholding in Atalaya Mining in full. Atalaya Mining will not receive any proceeds from the Placing.

Atalaya Mining — Q2 and H1 2026 Financial Results

(LSE: ATYM) Atalaya Mining Copper, S.A. announced its unaudited second quarter and first half financial results for the period ended 30 June 2026, reporting record quarterly and half year EBITDA. Copper production was 13.5 kt in Q2 2026 and 23.4 kt in H1 2026. EBITDA reached €78.2 million in Q2 2026 and €126.2 million in H1 2026. The company declared a 2026 interim dividend of €0.055 per share. Atalaya acquired 4,500,000 shares of Lara Exploration Ltd. (TSX-V: LRA) for C$13.5 million. Net cash position as of 30 June 2026 was €318.3 million. Atalaya continues to advance its growth projects in Spain and earn-in agreements in Sweden.

Atalaya Mining — Notice of Q2 and H1 2026 Financial Results

(LSE: ATYM) Atalaya Mining Copper, S.A. announced that it will release its unaudited second quarter and first half financial results for the period ended 30 June 2026 on Tuesday, 11 August 2026. The company owns and operates the Proyecto Riotinto complex in southwest Spain, which includes the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant. Atalaya Mining's shares trade on the London Stock Exchange's Main Market under the symbol "ATYM" and it is a FTSE 250 Index constituent. The company has a phased earn-in agreement for up to 80% ownership of Cobre San Rafael S.L., which fully owns the Proyecto Touro brownfield copper project in the northwest of Spain, and holds a 99.9% interest in Proyecto Ossa Morena. Alberto Lavandeira (CEO) and César Sánchez (CFO) will host a webcast for analysts and investors on 11 August 2026 at 9:00 BST, and a live presentation will be provided via the Investor Meet Company platform at 11:00 BST the same day. The company states that the 15 Mtpa processing plant has the potential to become a central processing hub for ore sourced from its wholly owned regional projects around Riotinto, such as Proyecto Masa Valverde and Proyecto Riotinto East. The company projects that the processing plant could serve as a hub for regional ore.

Correction re: Q2 2026 Operations Update

(LSE: ATYM) Atalaya Mining Copper, S.A. announced a correction to its Q2 2026 Operations Update, revising its net cash position as of 30 June 2026 from €340.2 million to €318.4 million. The corrected consolidated cash and cash equivalents were €350.3 million as of 30 June 2026, compared to €166.3 million as of 31 December 2025. Current and non-current borrowings were updated to €31.9 million, up from the previously stated €10.9 million. The net cash position as of 31 December 2025 remains €122.0 million. The company will announce its Q2 2026 Financial Results on 11 August 2026. Atalaya Mining owns and operates the Proyecto Riotinto complex in southwest Spain, including the Cerro Colorado open pit mine and a 15 Mtpa processing plant. Atalaya also has a phased earn-in agreement for up to 80% ownership of Cobre San Rafael S.L., which owns the Proyecto Touro brownfield copper project, and a 99.9% interest in Proyecto Ossa Morena.

Atalaya Mining — Q2 2026 Operations Update

(LSE: ATYM) Atalaya Mining Copper, S.A. announced its Q2 2026 operations update, reporting copper production of 13,493 tonnes and a net cash position of €340.2 million as of 30 June 2026. Ore mined was 4.0 million tonnes, waste mined was 10.3 million tonnes, and ore processed was 4.1 million tonnes in Q2 2026. The average realised copper price was US$6.14/lb, and consolidated cash and cash equivalents were €351.2 million, with current and non-current borrowings of €10.9 million. Atalaya acquired 4,500,000 shares of Lara Exploration Ltd. (TSX-V: LRA) for C$13.5 million, representing approximately 7.3% of Lara's issued and outstanding shares. The company continues to expect FY2026 production at the low end of its original guidance ranges of 50,000 - 54,000 tonnes of copper and 0.9 - 1.1 million ounces of silver contained in copper concentrate. Non-sustaining capital investments for FY2026 are expected not to exceed €75 - 102 million. All resolutions at the 2026 AGM were passed, including approval of the 2025 Final Dividend of €0.065 per share, to be paid on 22 July 2026.

Publication of 2025 Annual Reporting Documents

Atalaya Mining (LSE: ATYM) has published its 2025 Annual Report, Report on Payments to Governments, Sustainability Report, and Climate Change Report for the financial year ended 31 December 2025. These documents are available on the Financial Conduct Authority's National Storage Mechanism and the company's website. Atalaya Mining is a European copper producer operating the Proyecto Riotinto complex in southwest Spain and is listed on the London Stock Exchange's Main Market as a FTSE 250 Index constituent. The company also holds interests in several regional projects, including Proyecto Masa Valverde, Proyecto Riotinto East, Proyecto Touro, and Proyecto Ossa Morena. This publication provides investors with updated financial, sustainability, and operational information for the year 2025.