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                    [ArticleID] => 235501
                    [Title] => Atlas Mining needs $75M to reopen Cebu copper mines
                    [Summary] => Atlas Consolidated Mining and Development Corp. (ACMDC), once Asia’s biggest copper producer, needs $75 million (approximately P4.15 billion) to re-open its copper mine site in Toledo, Cebu.


In a disclosure to the Philippine Stock Exchange, ACMDC said it expects the Toledo mine to generate significant profits with the improvement in copper prices in the last six months.


The Toledo mine was closed down in 1994 due to the depressed prices of copper in the international market.


                    [DatePublished] => 2004-01-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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MASBATE CONSOLIDATED MINING CO

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                    [ArticleID] => 235501
                    [Title] => Atlas Mining needs $75M to reopen Cebu copper mines
                    [Summary] => Atlas Consolidated Mining and Development Corp. (ACMDC), once Asia’s biggest copper producer, needs $75 million (approximately P4.15 billion) to re-open its copper mine site in Toledo, Cebu.


In a disclosure to the Philippine Stock Exchange, ACMDC said it expects the Toledo mine to generate significant profits with the improvement in copper prices in the last six months.


The Toledo mine was closed down in 1994 due to the depressed prices of copper in the international market.


                    [DatePublished] => 2004-01-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Atlas Mining needs $75M to reopen Cebu copper mines

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

Atlas Consolidated Mining and Development Corp. (ACMDC), once Asia’s biggest copper producer, needs $75 million (approximately P4.15 billion) to re-open its copper mine site in Toledo, Cebu. In a disclosure...

Business