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                    [ArticleID] => 372281
                    [Title] => Atlas subsidiary set to start nickel mine in Palawan
                    [Summary] => 



Atlas Consolidated Mining and Development Corp. (ACMDC) said subsidiary Berong Nickel Corp. (BNC) has been issued a special mines permit (SMP) and may now start full-scale commercial mining of laterite nickel ore in Palawan.


The SMP, issued by the Department of Environment and Natural Resources, is valid for a term of one year commencing on Nov. 15 this year and may be renewed for another year.


                    [DatePublished] => 2006-11-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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            [1] => Array
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                    [ArticleID] => 365702
                    [Title] => Atlas nickel project granted priority mining development status
                    [Summary] => 



Atlas Consolidated Mining and Development Corp. (ACMDC) said its Berong nickel project located in Palawan has been granted Priority Mining Development Status by the Mines and Geosciences Bureau (MGB) under the Mining Revitalization Program of the Philippines.


The BNC is a joint venture among Atlas, Toledo Mining Corp. PIc. and Investika Ltd.


ACMDC said development of the mine site is nearing completion with approximately 4,000 wet tons of ore already mined and placed on the coastal stockpiles for shipment to customers by the middle of November 2006.


                    [DatePublished] => 2006-10-29 00:00:00
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                    [ArticleID] => 365890
                    [Title] => Atlas nickel project granted priority mining development status
                    [Summary] => 



Atlas Consolidated Mining and Development Corp. (ACMDC) said its Berong nickel project located in Palawan has been granted Priority Mining Development Status by the Mines and Geosciences Bureau (MGB) under the Mining Revitalization Program of the Philippines.


The BNC is a joint venture among Atlas, Toledo Mining Corp. PIc. and Investika Ltd.


ACMDC said development of the mine site is nearing completion with approximately 4,000 wet tons of ore already mined and placed on the coastal stockpiles for shipment to customers by the middle of November 2006.


                    [DatePublished] => 2006-10-29 00:00:00
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                    [ArticleID] => 332145
                    [Title] => Atlas signs $5-M loan with Toledo Mining
                    [Summary] => Atlas Consolidated Mining and Development Corp. (Atlas) has signed a $5-million loan agreement with Toledo Mining Corp. Plc (TMC).


 In a disclosure to the Philippine Stock Exchange, Atlas corporate secretary and treasurer Noel T. del Castillo said the loan it acquired from TMC which matures in three-years, will be drawn over a period of time to meet the company’s  funding obligations in the joint venture Berong nickel project in Palawan. The other investor in the project is Investika Ltd.


                    [DatePublished] => 2006-04-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
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            [4] => Array
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                    [ArticleID] => 254404
                    [Title] => UK firm acquires 40% stake in Atlas Cebu mine for $28M
                    [Summary] => UK based Toledo Copper Corp. Plc. will invest as much as $28 million (roughly P1.54 billion) in Atlas Consolidated Mining Corp. in exchange for a 40-percent interest in the latter’s copper mine in Cebu.


Atlas said the money will be used to partly fund the development of the Toledo copper mine, which ceased operations in 1994. Toledo Copper is listed on the London Stock Exchange.


                    [DatePublished] => 2004-06-18 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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INVESTIKA LTD

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                    [ArticleID] => 372281
                    [Title] => Atlas subsidiary set to start nickel mine in Palawan
                    [Summary] => 



Atlas Consolidated Mining and Development Corp. (ACMDC) said subsidiary Berong Nickel Corp. (BNC) has been issued a special mines permit (SMP) and may now start full-scale commercial mining of laterite nickel ore in Palawan.


The SMP, issued by the Department of Environment and Natural Resources, is valid for a term of one year commencing on Nov. 15 this year and may be renewed for another year.


                    [DatePublished] => 2006-11-29 00:00:00
                    [ColumnID] => 133272
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                (
                    [ArticleID] => 365702
                    [Title] => Atlas nickel project granted priority mining development status
                    [Summary] => 



Atlas Consolidated Mining and Development Corp. (ACMDC) said its Berong nickel project located in Palawan has been granted Priority Mining Development Status by the Mines and Geosciences Bureau (MGB) under the Mining Revitalization Program of the Philippines.


The BNC is a joint venture among Atlas, Toledo Mining Corp. PIc. and Investika Ltd.


ACMDC said development of the mine site is nearing completion with approximately 4,000 wet tons of ore already mined and placed on the coastal stockpiles for shipment to customers by the middle of November 2006.


                    [DatePublished] => 2006-10-29 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                )

            [2] => Array
                (
                    [ArticleID] => 365890
                    [Title] => Atlas nickel project granted priority mining development status
                    [Summary] => 



Atlas Consolidated Mining and Development Corp. (ACMDC) said its Berong nickel project located in Palawan has been granted Priority Mining Development Status by the Mines and Geosciences Bureau (MGB) under the Mining Revitalization Program of the Philippines.


The BNC is a joint venture among Atlas, Toledo Mining Corp. PIc. and Investika Ltd.


ACMDC said development of the mine site is nearing completion with approximately 4,000 wet tons of ore already mined and placed on the coastal stockpiles for shipment to customers by the middle of November 2006.


                    [DatePublished] => 2006-10-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 332145
                    [Title] => Atlas signs $5-M loan with Toledo Mining
                    [Summary] => Atlas Consolidated Mining and Development Corp. (Atlas) has signed a $5-million loan agreement with Toledo Mining Corp. Plc (TMC).


 In a disclosure to the Philippine Stock Exchange, Atlas corporate secretary and treasurer Noel T. del Castillo said the loan it acquired from TMC which matures in three-years, will be drawn over a period of time to meet the company’s  funding obligations in the joint venture Berong nickel project in Palawan. The other investor in the project is Investika Ltd.


                    [DatePublished] => 2006-04-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 254404
                    [Title] => UK firm acquires 40% stake in Atlas Cebu mine for $28M
                    [Summary] => UK based Toledo Copper Corp. Plc. will invest as much as $28 million (roughly P1.54 billion) in Atlas Consolidated Mining Corp. in exchange for a 40-percent interest in the latter’s copper mine in Cebu.


Atlas said the money will be used to partly fund the development of the Toledo copper mine, which ceased operations in 1994. Toledo Copper is listed on the London Stock Exchange.


                    [DatePublished] => 2004-06-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [URL] => 
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abtest

Atlas subsidiary set to start nickel mine in Palawan

By Zinnia B. Dela Peña | November 29, 2006 - 12:00am

Atlas Consolidated Mining and Development Corp. (ACMDC) said subsidiary Berong Nickel Corp. (BNC) has been issued a special mines permit (SMP) and may now start full-scale commercial mining of laterite nickel...

Business

Atlas nickel project granted priority mining development status

By Zinnia B. Dela Peña | October 29, 2006 - 12:00am

Atlas Consolidated Mining and Development Corp. (ACMDC) said its Berong nickel project located in Palawan has been granted Priority Mining Development Status by the Mines and Geosciences Bureau (MGB) under...

Business

Atlas nickel project granted priority mining development status

By Zinnia B. Dela Peña | October 29, 2006 - 12:00am

Atlas Consolidated Mining and Development Corp. (ACMDC) said its Berong nickel project located in Palawan has been granted Priority Mining Development Status by the Mines and Geosciences Bureau (MGB) under...

Business

Atlas signs $5-M loan with Toledo Mining

By Rocel Felix | April 19, 2006 - 12:00am

Atlas Consolidated Mining and Development Corp. (Atlas) has signed a $5-million loan agreement with Toledo Mining Corp. Plc (TMC). In a disclosure to the Philippine Stock Exchange, Atlas corporate secretary and...

Business

UK firm acquires 40% stake in Atlas Cebu mine for $28M

By Zinnia B. Dela Peña | June 18, 2004 - 12:00am

UK based Toledo Copper Corp. Plc. will invest as much as $28 million (roughly P1.54 billion) in Atlas Consolidated Mining Corp. in exchange for a 40-percent interest in the latter’s copper mine in Cebu. Atlas...

Business