Transition of Carmen Copper Corporation into Higher-Grade Copper Mining Operation

Mandaluyong–(PHStocks)–Carmen Copper Corporation (CCC), the wholly-owned subsidiary of Atlas Consolidated Mining and Development Corporation (PSE: AT) that operates the Toledo copper mines in the province of Cebu, has forged ahead with its expansion plans with the first production of copper ore from its higher-grade Carmen ore body.

The successful transition of operations two months ahead of schedule to the Carmen deposit – containing copper ore of higher grades relative to that found in the Lutopan ore body where CCC began commercial production – marks a milestone in CCC’s drive to enhance its mining efficiencies and optimize its throughput potential.

Remarking on the development, Mr. Adrian Ramos, Vice-President of CCC, said: “As we establish steady production from the Carmen ore body, we will continue to work towards achieving expansion goals through cost reduction measures and process improvements.

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