Ratio Analysis for Atlas
CORPORATE PROFILE
Atlas Consolidated Mining and Development Corporation ("Atlas Mining") was incorporated in 1935 as “Masbate Consolidated Mining Company, Inc.”. In the 1980s, it was regarded as the third largest copper mine in the world and was processing 110,000 copper ore a day. However, in the early 1990s, Atlas was forced to suspend its operations due to a typhoon that severely damaged its mines in Toledo. Atlas Mining now has only one (1) mill for operations. 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.
In addition, Atlas incorporated a 100%-owned subsidiary, Atlas Exploration Inc. (AEI), to host, explore and develop copper, gold, nickel and other mineral exploration properties. AEI will also explore for other metalliferous and industrial minerals to increase and diversify the mineral holdings and portfolio of Atlas.
Atlas is listed in the Philippine Stock Exchange (PSE) and was, until May 1995, listed in the American Stock Exchange (AMEX).
PROJECTS ATLAS EXPLORATION, INC. owns/controls considerable hectare of mineral rights in Cebu and in other parts of the Philippines. Atlas Mining aims to increase and enhance its mineral resource-based assets through a comprehensive exploration program.
BERONG NICKEL CORPORATION holds the fourth largest nickel laterite-saprolite deposit in the world. The mine has been shipping laterite nickel ore since February, 2007.
BERONG NICKEL CORPORATION cARMEN COPPER CORPORATION
CARMEN COPPER CORPORATION (CCC) has exclusive operating rights over the in situ mineral
Atlas Consolidated Mining and Development Corporation ("Atlas Mining") was incorporated in 1935 as “Masbate Consolidated Mining Company, Inc.”. In the 1980s, it was regarded as the third largest copper mine in the world and was processing 110,000 copper ore a day. However, in the early 1990s, Atlas was forced to suspend its operations due to a typhoon that severely damaged its mines in Toledo. Atlas Mining now has only one (1) mill for operations. 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.
In addition, Atlas incorporated a 100%-owned subsidiary, Atlas Exploration Inc. (AEI), to host, explore and develop copper, gold, nickel and other mineral exploration properties. AEI will also explore for other metalliferous and industrial minerals to increase and diversify the mineral holdings and portfolio of Atlas.
Atlas is listed in the Philippine Stock Exchange (PSE) and was, until May 1995, listed in the American Stock Exchange (AMEX).
PROJECTS ATLAS EXPLORATION, INC. owns/controls considerable hectare of mineral rights in Cebu and in other parts of the Philippines. Atlas Mining aims to increase and enhance its mineral resource-based assets through a comprehensive exploration program.
BERONG NICKEL CORPORATION holds the fourth largest nickel laterite-saprolite deposit in the world. The mine has been shipping laterite nickel ore since February, 2007.
BERONG NICKEL CORPORATION cARMEN COPPER CORPORATION
CARMEN COPPER CORPORATION (CCC) has exclusive operating rights over the in situ mineral