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Atalaya improvements yet to hit bottom line

Higher production helps revenue but costs and a year-on-year lower price hit profits
Atalaya improvements yet to hit bottom line

Atalaya Mining (ATYM) saw increased production, lower capital expenditure and an improving copper price in the June quarter, but could not convert those to higher profits. The Spanish miner saw a 71 per cent year-on-year fall in profit for the first half, dropping to €6m (£5.4m).

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