Atalaya director joins Eldorado Gold board

Published 04/06/2025, 15:52
Atalaya director joins Eldorado Gold board

LONDON - Atalaya Mining (LSE:ATYM), a European copper producer, has announced the appointment of its independent non-executive director, Hussein Barma, to the board of Eldorado (SO:ELDO11B) Gold (NYSE:EGO) Corporation as a non-executive director. The announcement, made today, complies with Listing Rule 6.4.9(2).

Atalaya operates the Proyecto Riotinto in southwest Spain and is listed on the London Stock Exchange (LON:LSEG). The company is known for its Cerro Colorado open pit mine and a processing plant capable of handling 15 million tonnes per annum. This facility is poised to serve as a central hub for processing ore from Atalaya’s wholly-owned regional projects, including Proyecto Masa Valverde and Proyecto Riotinto East.

The company also has an earn-in agreement for up to 80% ownership of Cobre San Rafael S.L., the entity that owns the Proyecto Touro, a brownfield copper project in northwest Spain. Additionally, Atalaya holds a 99.9% interest in Proyecto Ossa Morena.

This strategic appointment of Hussein Barma to Eldorado Gold’s board signifies a strengthening of ties between the two entities in the mining sector. Eldorado Gold Corporation is a global mid-tier gold and base metals producer with operations in Europe, Asia, and the Americas.

The information regarding the director’s appointment is based on a press release statement from Atalaya Mining. As a member of the FTSE 250 Index, Atalaya’s movements and directorial changes are closely watched by investors and industry analysts for potential impacts on the company’s operations and governance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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