Atalaya Mining
Spanish copper mining company focused on copper deposits and mining projects in Andalusia.
Last updated August 22, 2026
AI crawler reads
2requests
1companies- Anthropic2
- Profile
- 2
- Controversies
- 0
- JSON · MD
- 0
- First read
- Nov 4, 2026
- Latest read
- Nov 4, 2026
From this site's server log
Overview
Atalaya Mining is a Spanish-focused copper mining company whose principal operating asset is the Proyecto Riotinto operation in the Riotinto-Nerva mining basin of Andalusia. The business is concerned with the development of copper deposits, the extraction and processing of ore, and the production of copper products including concentrate and cathode copper. Its activities are concentrated in Spain, particularly in the province of Huelva, where the company has developed a long-term presence around the historic Riotinto mining district. The company was established in Cyprus in September 2004 by Aristidis (Harry) Anagnostaras-Adams and Ron Cunneen. It entered public markets in May 2005 under the name Eastern Mediterranean Resources, listing on the London Stock Exchange's Alternative Investment Market. In September 2006, it adopted the name EMED Mining, under which it pursued resource and development opportunities, including its interests in the Riotinto area. A central turning point came in July 2010, when the company applied for a permit to develop the Cerro Colorado deposit, also known as Minas del Rey Salomón, within the Riotinto-Nerva mining basin. The mining permit was granted in January 2015. Commercial copper production at the Andalusian operation began in February 2016, transforming the company from an exploration and development business into a producing copper miner. In October of the same year, EMED Mining changed its name to Atalaya Mining, aligning its corporate identity with its principal mining interests. Atalaya subsequently broadened its Spanish project portfolio. In October 2020, it acquired the Masa Valverde polymetallic project, adding a development-stage asset with a broader mineral profile to its predominantly copper-oriented portfolio. In May 2021, it acquired three investigation permits in the Riotinto East area, extending its exploration footprint around the established Riotinto district. The company returned to a more prominent segment of London's public equity market in April 2024, transferring from the Alternative Investment Market to the main market of the London Stock Exchange. In January 2025, it re-domiciled its place of business from Cyprus to Spain and changed its legal name to Atalaya Mining Copper S.A. The trading identity Atalaya Mining remains associated with the company's Spanish copper operations and listed status. Atalaya's positioning is that of a focused European copper producer and project developer rather than a diversified global mining group. Its operating and development activities are organized around Spanish copper and polymetallic assets, with Proyecto Riotinto serving as its flagship operation and Masa Valverde and Riotinto East representing expansion and exploration interests. No reliable financial figures, production totals, reserve statements, or current executive appointments are provided in the supplied reference material.
History
Atalaya Mining was founded in Cyprus in September 2004 by Aristidis (Harry) Anagnostaras-Adams and Ron Cunneen. The company initially operated under the name Eastern Mediterranean Resources and became publicly traded on the London Stock Exchange's Alternative Investment Market in May 2005. In September 2006, it changed its name to EMED Mining. During its development phase, the company focused on mineral opportunities in Spain, particularly the Riotinto-Nerva mining basin in Andalusia. In July 2010, it submitted an application for a mining permit covering the Cerro Colorado deposit, also known as Minas del Rey Salomón. The permit was granted in January 2015, clearing a key regulatory hurdle for development of the Riotinto-area project. Commercial copper production began in February 2016. This marked a major transition in the company's history, establishing Atalaya as a producing copper miner rather than solely an exploration and project-development business. In October 2016, EMED Mining changed its name to Atalaya Mining, reflecting the strategic importance of its Spanish copper operations and the Riotinto name in its corporate identity. The company expanded beyond its core operating asset in October 2020, when it purchased the Masa Valverde polymetallic project. The acquisition added a project with a broader mineral character to Atalaya's portfolio. In May 2021, the company acquired three investigation permits in the Riotinto East area, increasing its exploration interests in and around the wider Riotinto district. Atalaya's public-market profile changed again in April 2024, when it transferred from the Alternative Investment Market to the main market of the London Stock Exchange. The move represented a change in listing venue within the London market rather than a change in ownership identified in the supplied material. In January 2025, the company re-domiciled its place of business from Cyprus to Spain and changed its legal name to Atalaya Mining Copper S.A. The business continues to trade under the Atalaya Mining name. Its history is therefore defined by a progression from a Cyprus-founded exploration company, through the EMED Mining period, to a Spanish-focused copper producer with operating, development, and exploration interests in Andalusia. The available reference material does not provide sufficient information to document detailed production volumes, capital expenditure, financial performance, environmental programs, labor relations, or current management appointments. Those areas should be supplemented with company filings or other authoritative sources before being treated as part of a definitive corporate history.
- 2025
Spanish re-domiciliation and legal-name change
[1]The company re-domiciled its place of business from Cyprus to Spain and changed its legal name to Atalaya Mining Copper S.A.
- 2024
Transfer to the London Stock Exchange main market
[1]Atalaya moved from AIM to the main market of the London Stock Exchange.
- 2021
Riotinto East exploration expansion
[1]The company acquired three investigation permits in the Riotinto East area.
- 2020
Masa Valverde acquisition
[1]Atalaya purchased the Masa Valverde polymetallic project in Andalusia.
- 2016
Commercial copper production begins
[1]Commercial copper production started at the Riotinto-area operation in Andalusia.
- 2016
EMED Mining becomes Atalaya Mining
[1]The company changed its name from EMED Mining to Atalaya Mining.
- 2015
Cerro Colorado permit granted
[1]The mining permit for the Cerro Colorado deposit was granted.
- 2010
Riotinto-area mining permit application
[1]The company applied for permission to develop the Cerro Colorado, or Minas del Rey Salomón, deposit in Andalusia.
- 2006
Name changed to EMED Mining
[1]Eastern Mediterranean Resources adopted the corporate name EMED Mining.
- 2005
Listing on AIM
[1]The company listed on the Alternative Investment Market of the London Stock Exchange as Eastern Mediterranean Resources.
Products and positioning
A focused Spanish and European copper producer and project developer centered on the Riotinto mining district and other Andalusian mineral projects.
Copper product · 2016
Copper concentrate
Copper concentrate is a principal product associated with Atalaya's mining and processing activities at Proyecto Riotinto. It is produced by processing copper-bearing ore and is intended as an intermediate material for further metallurgical treatment. The supplied references do not specify the concentrate's grade, annual output, customer base, or sales terms.
Refined copper product · 2016
Cathode copper
Cathode copper is identified as another product of the company's Spanish copper operations. Copper cathodes are refined copper plates used as an industrial input, although the supplied material does not establish the precise production route, volumes, specifications, or proportion of Atalaya's output represented by cathode copper.
Copper mining operation · 2016
Proyecto Riotinto
Proyecto Riotinto is Atalaya Mining's flagship operating project in the Riotinto-Nerva mining basin of Huelva province, Andalusia. The operation is associated with the Cerro Colorado deposit, also called Minas del Rey Salomón. A permit was granted in 2015 and commercial copper production began in February 2016. The supplied references do not provide current mine-life, capacity, reserve, or production figures.
Polymetallic development project · 2020
Masa Valverde
Masa Valverde is a polymetallic project in Andalusia acquired by Atalaya in October 2020. It represents an expansion of the company's Spanish asset base beyond its principal Riotinto copper operation. The supplied material does not identify the project's development stage, mineral resource, proposed mine plan, or expected production date.
Exploration area · 2021
Riotinto East
Riotinto East is an exploration area in the wider Riotinto district. Atalaya acquired three investigation permits there in May 2021, extending its exploration interests around its established Andalusian operating area. The supplied sources do not provide drilling results, resource estimates, or a development timetable.
Brand decisions
2025
Re-domiciliation to SpainStrategyBackground
Although the company had been founded and established in Cyprus, its operating focus had become concentrated in Spanish mining assets.
Action taken
In January 2025, it re-domiciled its place of business from Cyprus to Spain and adopted the legal name Atalaya Mining Copper S.A.
Aftermath
The legal structure and place of business became more closely aligned with the company's Spanish operating base.
2024
Transfer from AIM to the London Stock Exchange main marketStrategyBackground
Atalaya had been listed on the London Stock Exchange's Alternative Investment Market since 2005.
Action taken
In April 2024, the company transferred its listing to the main market of the London Stock Exchange.
Aftermath
The company continued as a London-listed public company under the ATYM ticker, with its listing on the main market rather than AIM.
2021
Expansion of Riotinto-area exploration interestsStrategyBackground
The company continued to build an exploration position around its established Riotinto operating district.
Action taken
In May 2021, Atalaya acquired three investigation permits in the Riotinto East area.
Aftermath
The transaction expanded the company's exploration footprint in the wider Riotinto area.
2020
Acquisition of the Masa Valverde projectM&ABackground
Atalaya sought to expand its Andalusian project portfolio beyond the operating Riotinto asset.
Action taken
The company purchased the Masa Valverde polymetallic project in October 2020.
Aftermath
Masa Valverde became part of Atalaya's Spanish development portfolio.
2016
Corporate rebranding from EMED Mining to Atalaya MiningOtherBackground
The company began commercial copper production in Andalusia in February 2016, making its Spanish copper business central to its identity.
Action taken
In October 2016, it changed its corporate name from EMED Mining to Atalaya Mining.
Aftermath
The Atalaya Mining name became the public identity associated with the company's Spanish copper operations.
Recent events
Reported
Atalaya Mining updates 2021 cost guidance[3]
Atalaya Mining updated its 2021 cost guidance, stating that cash costs were expected to be US$2.15–2.25 per pound and all-in sustaining cost was expected to be at the low end of its previous range.
Reported
Atalaya Mining announces third-quarter 2019 results[4]
Atalaya Mining announced its quarterly financial results for the period ended September 30, 2019, reporting Q3 revenue of €44.4 million and profit after tax of €6.9 million.
Reported
Spanish Supreme Court rejects Atalaya Mining appeal[4]
Atalaya Mining said it received informal notification on November 20 that its appeal to Spain's Supreme Court concerning a regional court ruling on the Proyecto Riotinto mining permits had been rejected. The company said its lawyers advised that the rejection did not affect its legal status quo.
Sources5 sources
Cite this profile: Cite the canonical profile. /brand-wiki/atalaya-mining · Editorial policy · How profiles are compiled