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Array ( [results] => Array ( [0] => Array ( [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 companys 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 PASARs 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.
TMCs 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] => ) ) )
LONDON METALS EXCHANGE
Array ( [results] => Array ( [0] => Array ( [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 companys 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 PASARs 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.
TMCs 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
By Rocel Felix | April 19, 2006 - 12:00am
By Marianne V. Go | May 20, 2005 - 12:00am
By Rocel Felix | April 2, 2005 - 12:00am
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