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Atlas to earn $10.1M from 11th shipment of copper concentrates in 2010

By Riza T. Olchondra
Philippine Daily Inquirer
First Posted 14:46:00 08/09/2010

Filed Under: business, Mining and quarrying

MANILA, Philippines -- Atlas Consolidated Mining and Development Corporation (Atlas) has disclosed it is poised for $10.1 million in sales from its 11th shipment of copper concentrates in 2010.

The Atlas? disclosure on Monday stated that the concentrates, which were produced from the Carmen copper mine in Toledo City, Cebu, had a total volume of 5,017.457 wet metric tons (wmt) and contained 28.04 percent copper, 2.55 grams of gold/dry metric ton (dmt), and 23.28 grams of silver/dmt based on preliminary assays.

The shipment was made through Atlas' subsidiary Carmen Copper Corporation.



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