Semirara Mining and Power Corporation (SCC) was incorporated on February 26, 1980 to explore, develop, and mine the coal resources in Semirara Island, Caluya, Antique through a coal operating contract with the Department of Energy in 1977 (amended 1981).
Semirara Mining net income surges 54% Posted on November 10, 2016 SEMIRARA Mining and Power Corp. (SMPC) reported a 54% increase in consolidated net income to P9.55 billion in the nine months to September 2016 from P6.21 billion in the same period last year, the Consunji-led company told stock exchange on Wednesday.
SEMIRARA Mining and Power Corp., the coal-mining arm of Consunji-led DMCI, and Meralco Powergen Corp., the power-generation arm of the Manila Electric Co. (Meralco), will likely start construction of a 750-megawatt (MW) coal-power project in Batangas next year.
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Feb 27, 2017· Consunji-led Semirara Mining and Power Corp. is building a submarine cable that would supply 50 megawatts (MW) to Mindoro from its planned mine-mouth coal plant in Semirara …
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MANILA, Philippines - Environment Secretary Gina Lopez has given Consunji-led Semirara Mining and Power Corp., the country’s lone coal mine, an ultimatum to explain or face suspension of its ...
SEMIRARA Mining and Power Corp. is investigating an accident that led to the collapse of its open-pit coal mine Panian in Semirara Island, Antique early Friday. Semirara Mining and Power Corp., a ...
Semirara Mining and Power Corp.’s earnings rose 42 percent in 2016 on the back of record coal sales and the contribution from its newest power plant. In a disclosure to the Philippine Stock Exchange, the Consunji-led company said its profits went up to P12.04 billion last …
Consunji-led Semirara Mining and Power Corp. has set a capital expenditure program of P13 billion . Consunji family embarks on aggressive expansion. DMCI Holdings Inc. has set a capital spending program of P28 billion this year to . Edward Lee’s COL expects PSE to pierce 9,300 in 2018.
CONSUNJI-LED Semirara Mining and Power Corp. (SMPC) will repurchase up to P2 billion shares to enhance shareholder value and to provide stockholders the opportunity to liquidate their investments. Semirara Mining informed the Philippine Stock Exchange (PSE) on …
CONSUNJI-LED Semirara Mining and Power Corp. is hiking its 2018 capital expenditures by 62 percent to P13 billion to boost its excavating capacity and extend the operating life of its power facilities.
SEMIRARA Mining and Power Corp. (SMPC) said it remains on track to finish backfilling activities for the southern part of Panian pit in Antique by June 2019, as part of the company’s efforts to restore ecological balance in the open-mine pit. The Consunji-led integrated energy company said in a ...
Consunji-led conglomerate DMCI Holdings grew its first semester core net profit by 21 percent year-on-year to P7.6 billion on higher earnings from its mining, power, real estate and construction ...
MANILA, Philippines - Consunji-led Semirara Mining and Power Corp. is spending up to $190 million to rehabilitate its old plants in Calaca, Batangas, which will not only raise the plants' capacity, but also lessen emissions.
Semirara Island has an area of 55 square kilometres (21 sq mi), and is home to the Panian Mine, a vast open-pit coal mine in operation since 1999, and the Unong Mine (in production from 1984 to 2000).
Background on Plant. In August 2017 Consunji-led Semirara Mining and Power Corp. signed a Memorandum of Understanding (MOU) with the Department of Energy to develop a mine-mouth coal-fired power plant in Antique province, approximate to its coal mining site.
Hit twice by a deadly landslide in its coal mine in Antique in a span of two years, Consunji-led Semirara Mining and Power Corp. is devising new mining safety protocols for the rainy season and ...
Environment Secretary Gina Lopez has given Consunji-led Semirara Mining and Power Corp., the country’s lone coal mine, an ultimatum to explain or face suspension of …
SEMIRARA Mining and Power Corp. (SMPC)’s net income stood at P8.1 billion by end-June, 3% higher than what it generated a year ago, as its coal business cushioned the effects of the plant shutdowns of its power unit. In a disclosure to the stock exchange on Friday, the Consunji-led firm said the ...
The Department of Environment and Natural Resources issues a show cause order to Semirara Mining and Power Corporation over its ... Semirara Mining is a subsidiary of Consunji-led DMCI Holdings ...
Consunji-led Semirara Mining and Power Corp. on Monday signed a Memorandum of Understanding (MOU) with the Department of Energy to develop a mine-mouth power plant in Antique. During the signing ceremony in Bonifacio Global City, Energy Secretary Alfonso Cusi said Semirara Mw would be building a 50-megawatt plant.
Semirara Mining and Power Corp. sets a P5 billion budget for plans to increase coal production up to 16 million metric tons (MT). The coal miner giant has allocated a two-year span to achieve this expansion under its revised environmental clearance certificate (ECC).
The Department of Environment and Natural Resources (DENR) will suspend indefinitely the environmental compliance certificate (ECC) given to Semirara Mining and Power Corp. (SMPC) for its ...
Consunji-led Semirara Mining and Power Corp. has set a capital expenditure program of P13 billion this year, mainly to boost capacity and extend the operating life of its power assets. This year’s budget is 62 percent higher than the year ago.
11 days ago· Heavy downpour in 3Q led to weaker SCC (Semirara’s ticker symbol), nickel mining earnings, while (DMCI) Homes registered a one-off in 9M17. These are mostly factors that are not expected to spill over significantly in the coming periods,” Mr. Cruz said in a mobile message.
Semirara plans 1,200-MW plant expansion | Inquirer, The Consunji-led Semirara Mining Corp is planning to put up a 1,200-megawatt coal-fired power plant complex in ... Read More. semirara mining led - rijurajfoundation.
Philippines coal producer Semirara Mining Corp, led by billionaire David Consunji, plans to infuse US$400 million to increase its power plant capacity, according to Bloomberg.. The company is planning a syndicated loan for 70 percent of the cost of the expansion soon.
About Semirara Mining & Power Corp Semirara Mining and Power Corporation explores, develops, and mines coal. The company operates on Semirara Island.
The Consunji-led Semirara Mining and Power Corp. has fully exhausted the mineable reserves of its Panian Pit in Semirara, Antique. However, the company assured there will be no interruptions in their coal production as they still have two operating mines, namely the Molave and Narra pits.
"The Philippine Mining Act of 1995 offers huge benefits, huge benefits for the big foreign transnational corporations. Even the government is short-changed because the share it gets is a pittance compared to the billions of profit being raked in by the big foreign mining companies," he said. ... Semirara, the mining firm led by the country's ...
MANILA, Philippines – Consunji-led Semirara Mining and Power Corporation (Semirara) said it doesn't think Environment Secretary Gina Lopez's ban on prospective open-pit mines will affect its ...
MANILA, Philippines – Consunji-led Semirara Mining and Power Corp. is spending up to $190 million to rehabilitate its old plants in Calaca, Batangas, which will not only raise the plants’ capacity, but also lessen emissions.
“The Molave mining pit is one of the two mining pits being operated by SMPC in the island, which has been met by continuous resistance from affected communities in Semirara and civil society because of its effects on the environment, health, and the livelihood of the people,” Arances said.
Semirara Marine Hatchery Laboratory . The Semirara Marine Hatchery and Laboratory ... led by its former director and National Scientist Dr. Angel Alcala, teamed up with representatives of Barangays Alegria and Tinogboc to study the seawater and identify areas that can be declared as protected. ... Semirara Mining and Power Corporation 11/15 ...