Atalaya Mining gets nod from Andalucia authorities

Atalaya Mining announced on Monday that the Junta de Andalucía has confirmed through the Spanish press that the mining permits for Proyecto Riotinto were now fully validated.

The AIM-traded firm said the validation of the permits ended all legal processes previously-announced in relation to claims made by interested parties, in connection with the approval process of Proyecto Riotinto.

“The environmental permit to restart Proyecto Riotinto was declared null by the Tribunal Superior de Justicia de Andalucía due to administrative reasons in the process, not environmental,” said chief executive officer Alberto Lavandeira.

“Although it has been a lengthy process, the final approval is testimony to the full support of the Junta de Andalucía for the high-quality mining projects currently operating in the region.”

At 1532 BST, shares in Atalaya Mining were up 3.31% at 125p.