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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] => 
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            [1] => Array
                (
                    [ArticleID] => 278372
                    [Title] => Swiss firm invests additional P2.86B to expand PASAR’s capacity by 25%
                    [Summary] => Swiss-based commodity trader and producer Glencore International AG will invest P2.86 billion to expand capacity at the Philippine Associated Smelting and Refining Corp.’s (PASAR) copper Cathode refinery by 25 percent.


PASAR said the funding from Glencore, its  major shareholder, would raise the capacity of cathode to 215,000 tons per year from 172,500 tons  at the plant in the central province of Leyte. 


                    [DatePublished] => 2005-05-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 272367
                    [Title] => Toledo Mining to make first ore shipment to Japan
                    [Summary] => Toledo Mining Corp. Plc (TMC) will make its first shipment of ore from its nickel mining operations in Palawan to Nippon Metals and Alloy Inc. of Japan by March next year. 


TMC, whose stock is traded at the London Metals Exchange (LME) market disclosed that it has also recently renegotiated its supply agreement with Nippon Metals. 


 TMC’s local partner in the nickel ore project in Palawan is Atlas Consolidated Mining and Development Corp. (ACMDC) which is also preparing to reopen its 400-hectare mining area in Toledo City, Cebu. 


                    [DatePublished] => 2005-04-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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LONDON METALS EXCHANGE

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    [results] => Array
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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] => 
                )

            [1] => Array
                (
                    [ArticleID] => 278372
                    [Title] => Swiss firm invests additional P2.86B to expand PASAR’s capacity by 25%
                    [Summary] => Swiss-based commodity trader and producer Glencore International AG will invest P2.86 billion to expand capacity at the Philippine Associated Smelting and Refining Corp.’s (PASAR) copper Cathode refinery by 25 percent.


PASAR said the funding from Glencore, its  major shareholder, would raise the capacity of cathode to 215,000 tons per year from 172,500 tons  at the plant in the central province of Leyte. 


                    [DatePublished] => 2005-05-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 272367
                    [Title] => Toledo Mining to make first ore shipment to Japan
                    [Summary] => Toledo Mining Corp. Plc (TMC) will make its first shipment of ore from its nickel mining operations in Palawan to Nippon Metals and Alloy Inc. of Japan by March next year. 


TMC, whose stock is traded at the London Metals Exchange (LME) market disclosed that it has also recently renegotiated its supply agreement with Nippon Metals. 


 TMC’s local partner in the nickel ore project in Palawan is Atlas Consolidated Mining and Development Corp. (ACMDC) which is also preparing to reopen its 400-hectare mining area in Toledo City, Cebu. 


                    [DatePublished] => 2005-04-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

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

Swiss firm invests additional P2.86B to expand PASAR’s capacity by 25%

By Marianne V. Go | May 20, 2005 - 12:00am

Swiss-based commodity trader and producer Glencore International AG will invest P2.86 billion to expand capacity at the Philippine Associated Smelting and Refining Corp.’s (PASAR) copper Cathode refinery by...

Business

Toledo Mining to make first ore shipment to Japan

By Rocel Felix | April 2, 2005 - 12:00am

Toledo Mining Corp. Plc (TMC) will make its first shipment of ore from its nickel mining operations in Palawan to Nippon Metals and Alloy Inc. of Japan by March next year. TMC, whose stock is traded at the London...

Business