Atalaya Mining

Trafigura’s investment arm, Urion Investment Holdings, placed more than 16.8 million Atalaya Mining shares at 915 pence each, fully divesting its holding. The placement raised about £154m and pushed the share price down 8.9% to €11.20 due to the offer overhang and the discount to market price. Atalaya Mining itself does not benefit from the transaction; operational metrics remain strong with record EBITDA, high cash flow and a debt-free balance sheet. Absent the selling pressure, the market is likely to refocus on the company’s solid operational performance in the coming days. » More on de.investing.com

Atalaya reports a record Q2 2026 EBITDA of €78m, a record free cash flow of €58m and net cash of around €318–319m with zero debt. Copper production rose to 13,500 tonnes following recoveries from weather-related disruptions; half-year EBITDA stands at €126m. Management confirmed the full-year guidance but expects H2 production to be at the lower end of the range; capital expenditures have been shifted in timing, while growth projects remain central. » More on de.investing.com

Mike Armitage, an independent non-executive board member of Atalaya Mining, will with effect from 1 August 2026 become a non-executive director at Oriole Resources. The appointment was disclosed under Listing Rule 6.4.9(2). Atalaya Mining is a European copper producer, operator of Proyecto Riotinto and listed in the FTSE 250. » More on de.investing.com