Atlas Mining Reduces Net Loss to PhP470M

Pasay—(PHStocks)—Atlas Consolidated Mining and Development Corp. (Atlas Mining, PSE: AT) registered a consolidated net loss of PhP470 million for the first nine months of 2016 compared to PhP1.3 billion for the same period last year due mainly to the elimination of foreign exchange loss charged in 2015. Higher volume of shipments mitigated the impact of […]
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Atlas Mining 9M14 Revenues Jump 15% to PhP12.6B

Mandaluyong—(PHStocks)—Atlas Consolidated Mining and Development Corp. (PSE: AT) reported revenues of PhP12.6 billion during the first nine months of the year, 15% higher versus the same period last year, driven mainly by the increase in revenues from copper, gold and nickel. Revenues increased despite lower realized copper and gold prices as sales volume remained resilient with copper, […]
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Carmen Copper Reports August Production, Shipment

Mandaluyong—(PHStocks)—Carmen Copper Corporation, a wholly owned subsidiary of Atlas Consolidated Mining and Development Corporation (PSE: AT), has reported that total mill throughput for August amounted to 1,324,000 tonnes ore at an average grade of 0.29% Cu. This resulted in the production of 11,582 DMT of copper concentrate with an average grade of 26.69% Cu, 2.27g/t […]
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Carmen Copper Completes Issuance of US$ Denominated Fixed-rate Notes

Mandaluyong–(PHStocks)–Atlas Consolidated Mining and Development Corp. (PSE: AT) is pleased to announce that its wholly-owned subsidiary Carmen Copper Corp. (CCC), which operates the Toledo copper mine in the province of Cebu, has completed the issuance of US Dollar-denominated fixed-rate notes representing US$300 million of CCC’s senior unsecured debt with a tenor of five (5) years and five […]
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Atlas Announces February Production and Shipment of Carmen Copper

Mandaluyong–(PHStocks)–Atlas Consolidated Mining and Development Corp. (PSE: AT) has announced Carmen Copper Corp.’s total mill throughput of 1,221,000 tonnes ore at an average grade of 0.33% copper for February. This resulted in the production of 12,381 DMT of copper concentrate with an average grade of 26.21% copper, 2.72g/t gold and 23.34g/t silver. The ore was sourced from […]
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Carmen Copper to Offer US$ Denominated Fixed-rate Notes

Mandaluyong–(PHStocks)–Atlas Consolidated Mining and Development Corp. (PSE: AT) is pleased to announce that its wholly-owned subsidiary Carmen Copper Corp. (CCC), which operates the Toledo copper mine in the province of Cebu intends to issue, subject to market conditions, US Dollar denominated fixed-rate notes with a tenor of five (5) years and five (5) days. The net proceeds […]
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Carmen Copper 2011 Net Income Hits PhP2.54B

Mandaluyong–(PHStocks)–Atlas Consolidated Mining and Development Corp. (PSE: AT) has announced that its wholly owned subsidiary Carmen Copper Corp. (CCC), which operates the Toledo copper mine in Cebu, has reported a net income of PhP2.541 billion for 2011 – nearly three times its net income of PhP670 million in the previous year. The 2011 core income […]
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Atlas Completes 37th Shipment of Copper Concentrate

Atlas Consolidated Mining and Development Corp. (PSE: AT) has completed its 37th shipment of copper concentrate since the start of mining operations through its subsidiary Carmen Copper Corp. (CCC). Revenue from this copper concentrate shipment which weighs approximately 5,078 dry metric tons (dmt) and contains 27.52% copper, 2.25 grams of gold per dmt and 21.33 […]
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