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Semirara’s Victor Consunji passes away

SEMIRARA Mining and Power Corp. (SMPC) President and Chief Operating Officer Victor A. Consunji has passed away on Dec. 27, Thursday. He was 68 years old.

Semirara drags DMCI Holdings’ net income lower in Q3

CONSUNJI-LED DMCI Holdings, Inc. reported a 44% drop in earnings for the third quarter of 2018, weighed down by the weakness of its coal energy business that makes up around half of its portfolio.

Semirara on track to complete Panian pit rehab by mid-2019

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.

Semirara Mining on track to finish Panian pit rehab in 2019

Semirara Mining and Power Corp. (SMPC) said it remains on track to finish rehabilitating the southern part of Panian pit in Antique by June...

Semirara’s coal biz cushions effects of plant shutdowns

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.

DMCI sets P40.7-billion capex for 2018

DMCI Holdings, Inc. is setting aside P40.7 billion in capital expenditure this year, the bulk of which will go into its property and integrated...

Semirara expecting at least 20% decline in Q1 power generation

By Victor V. Saulon, Sub-Editor SEMIRARA Mining and Power Corp. (SMPC) expects its first-quarter energy generation to be lower by at least 20% because of...

SMPC’s Batangas coal plant back online

Semirara Mining and Power Corp. (SMPC) said on Monday, March 19, that the first 300-megawatt (MW) unit of its two-unit coal-fired thermal power plant...

DMCI net income up 16%

EARNINGS of DMCI Holdings, Inc. climbed last year, buoyed by the double-digit growth of the coal energy, real estate and construction segments, as well...

Semirara Mining pays P1.7B in first-half royalty

SEMIRARA Mining and Power Corp. (SMPC) said on Friday that its first-half royalty payments to the Energy department reached P1.69 billion, nearly three times...

Semirara power plant considered for strategic national project status

THE Department of Energy (DoE) said it was weighing whether to classify a proposed mine-mouth power plant in Antique province as an energy project...

Semirara spends P3.5B on fleet modernization

LISTED Semirara Mining and Power Corp. (SMPC) announced Friday it spent P3.5 billion for the delivery of mining equipment during the first semester. The equipment...