Toledo on the rise

[blair]

Toledo mine ready to process ores — Atlas


LISTED ATLAS Consolidated Mining and Development Corp. has completed the first phase of rehabilitating its copper mine in Cebu, which will allow the company to start operations this month.

In a disclosure to the Philippine Stock Exchange yesterday, the mining said Toledo Copper Mine, which will be operated by Atlas subsidiary Carmen Copper Corp., will be processing 20,000 metric tons of ore daily.

"Commissioning and test runs were successfully conducted at the ore processing plant — the Carmen Concentrator — and during the process, the plant successfully produced copper concentrates," Atlas told the exchange.

Meanwhile, a technical team from the Mines and Geosciences Bureau is inspecting the mine in connection with a permit to operate mechanical and electrical equipment.

The drop in global copper prices led to the closure of the Toledo mine in 1994. The rehabilitation of the copper mine started two years ago when Carmen Copper got a $40-million loan from a foreign investment fund.

"Copper and pyrite concentrates produced from the initial test operations are stored in mine site stockpiles pending delivery to the concentrate bins at the Sangi pier," Atlas said.

Part of the processed copper ores would be sold to Swiss metal trader MRI Trading AG, which which Atlas had signed a deal to supply 60,000 dry metric tons of copper concentrates starting in June, Atlas Senior Vice-President Adrian S. Ramos said in an interview.

Meanwhile, the second phase of rehabilitation, which consists of underground development work, will be conducted simultaneously with the copper processing.

Atlas eyes a full processing capacity of 42,000 metric tons of ore daily after the second phase of rehabilitation in the first half of 2008, the company said.

Under full capacity, the mine can produce up to 130 million pounds of copper, 70,000 ounces of gold, 260,000 ounces of silver, 160,000 dry metric tons of pyrite and 440,000 dry metric tons of magnetite concentrates yearly.

The Toledo mine has an expected life of 12 years, but the company might develop more mines later.

"We have many assets in the area [of Toledo City] that we can develop," Mr. Ramos said. — NJCM

[ippon]

naa lang pd balita naa daw spill ang waste sa mines (copper tailings). Nausab gd ang color sa sapangdaku. Kana sapangdaku mao na river sompay sa malobog atlas dam. I hope it won't cause any harm to us human and to our natural resources as well.

[blair]

hala, sumpay na siya sa dam ?, basin padung na didto ang spill..hinaot lang dina mahitabo..

[ippon]

sompay bro, i mean ang inawas or ang e release gkan sa dam ad2 mosobay padulong sa dagat. Not the other way around.

[janninat]

sompay bro, i mean ang inawas or ang e release gkan sa dam ad2 mosobay padulong sa dagat. Not the other way around.

i read about the spill as well, residents even reported fishkill sa area, pero wala "daw" nakit an pag inspect...i remember way back nga wala pa masara ang old atlas mining, ang ilang waste adto awas sa may quiner?(sakto ba spelling), daghan baya gipang kagid sa mga residente didto...

read an article in one blog about landahan being used as land fill, tagduha jud kuno ka dump truck daily ang molabay didto...how true?

this is really sad kay ang landahan ra ba ang water source sa toledo, what if macontaminate ang tubig...

[ippon]

nowadays bro ang quinner dili na operational k nangaguba/potol naman ang connecting pipes. I think, kana landfill sa landahan dili na waste sa atlas. Sa Toledo Power/Mirant na cguro nga waste. Coal/carbon na sya bro used as fuel for the power plant. Hasol lagi kaayo mga dump trucks abot gani sa talavera labay sa ila waste pro karon mura namingaw naman.

[Orgasms]

nangawala na bitaw to ang mga connecting pipes padung quinner, ni agi gud to sa luyo sa consolatrix sauna. heheh

[ippon]

@ orgasms: ni agi btaw ang mga connecting pipes sa loyo sa consolatrix sauna bro did2 dapit sa sibatanan. hehehe, mura paminaw nako bro nakasoway pd ka sibat sauna da pareho ka nako k nakakita man ka sa connecting pipes. hehehe

[blair]

unsay sibatanan ?

[janninat]

@blair

sibatanan na nila if mag cutting classes na sila duha...

open man diha dapita sauna student pa ko diha...wala man na kural sauna...

anyway, daghan pud baya nadisgrasya diha ay, kay mga trabahador mouli molatay man diha nya mahulog ra, kay ngitngit man, adto na lang makit an sa tumoy, usahay dili na jud makit an...

so unsa man ang plano sa ato local government about the landfill? basi namingaw kay nag lie low lang if wala na motagad balik na pud...

@ippon
maayo nuon if himoon museum na old hall of justice para makahibalo sad ta sa history sa toledo, kung wala ang internet wala ko kahibalo unsa ang history sa toledo, old name pala is hinulawan..