Atlas Consolidated Mining and Development Corporation Overview
Atlas Consolidated Mining and Development Corporation, through its subsidiaries, engages in the exploration and mining of metallic mineral properties in the Philippines.
Business Segments
- Mining Segment: Produces copper concentrate with gold and silver, magnetite concentrates, and nickel laterite-saprolite.
- Non-Mining Segment: Provides bulk water supply to local water districts and other customers.
Key Products & By-Products
- Copper concentrate (with gold and silver)
- Magnetite concentrates
- Nickel laterite-saprolite
- By-products: Pyrite, magnetite, and molybdenum
Primary Project
The company’s flagship project is the Toledo copper mine, covering 1,674 hectares in Toledo City, Cebu province.
Corporate Background
Formerly known as Masbate Consolidated Mining Company, Inc., the company was incorporated in 1935 and is headquartered in Pasay City, the Philippines.