Company News: Atlas Consolidated Mining and Development
Updated: 08 Oct 2010
Atlas Consolidated Mining and Development Corporation (Atlas) was incorporated in 1935. Atlas is listed on the Philippine Stock Exchange (PSE) and was, until May 1995, listed on the American Stock Exchange (AMEX).
A major restructuring of the Company’s assets was undertaken in years 2004 and 2005 with the creation of three special purpose subsidiaries to develop the Toledo Copper Complex, Berong Nickel Project and the Toledo-Cebu Bulk Water and Reservoir Project. As a result, Carmen Copper Corporation (CCC), Berong Nickel Corporation (BNC) and AquAtlas Inc. (AI) were incorporated and, subsequently, were positioned to attract project financing as well as specialist management and operating expertise.
A major restructuring of the Company’s assets was undertaken in years 2004 and 2005 with the creation of three special purpose subsidiaries to develop the Toledo Copper Complex, Berong Nickel Project and the Toledo-Cebu Bulk Water and Reservoir Project. As a result, Carmen Copper Corporation (CCC), Berong Nickel Corporation (BNC) and AquAtlas Inc. (AI) were incorporated and, subsequently, were positioned to attract project financing as well as specialist management and operating expertise.
Also Known as: Atlas Consolidated Mining and Development
Business Category Exploration; Mining
Regions of Operation South-East Asia
Exchange Ticker AT
Financial Information
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Exchanges listed on PSE
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7th Floor Quad Alpha Centrum Bldg.
- 125 Pioneer Street
- Mandaluyong City
- 1554
- Philippines
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