Atlas Consolidated Mining and Development Corporation (AT)

This article may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name	Atlas Consolidated Mining and Development Corporation (AT)
Sector	Mining and Oil		Incorporation Date	Oct 16, 1969
Subsector	Mining		Number of employees	2,545 (Group Total)
Board of Directors	Chairman: Alfredo C. Ramos Other Directors : Isidro A. Consunji (DMC)
Website / E-mail
2. Stock Information
Total Assets	75,175,125,000	Market Capitalization		17,156,947,970.68
Total Liabilities	37,533,728,000	Outstanding Shares		3,559,532,774
Retained Earnings	17,022,192,000	Listed Shares		2,087,032,774
Listing Date	Nov 17, 1970	Issued Shares		3,559,532,774
Board Lot	1,000	Free Float Level (%)		42.31%
Par Value	1.00	Foreign Ownership Limit		40%
3. Major Stock Holders (common shares)
PCD NOMINEE CORPORATION (FILIPINO) ANGLO PHILIPPINE HOLDINGS CORP. ALAKOR CORPORATION PCD NOMINEE CORPORATION (NON-FILIPINO)				81.96% 05.80% 05.27% 03.40%
4. Company Descriptions and Business Development
Notes 1. SM Investment Corp.(SM) holds 29.33% stake through PCD 2. ALAKOR also has another 21.75% stake through PCD.
Overview AT, through Carmen Copper Corporation (CCC) as operating subsidiary, is engaged in metallic mining and mineral exploration and development. CCC, as the operator of AT’s copper mines in the City of Toledo, Cebu. CCC exports one hundred percent (100%) of its copper production. CCC has an existing long-term electrical power purchase agreement with Toledo Power Company (“TPC”). The fuel requirements of CCC are principally provided by Pilipinas Shell Petroleum Corporation under the terms of a supply agreement. It has around 880-hectare mining area and around 40,000 hectares areas for approved/applied exploration. Business Revenue contribution in 2016 Copper Gold 10,163,804,000 1,900,169,000 84.25% 15.75% It produced 102.9 million lbs of copper metal and 33,958 ounces of gold in 2016. Subsidiaries / Associates / Affiliates / Joint Ventures Carmen Copper Corporation (100%) Berong Nickel Corporation