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Semirara Mining Corp. Plans To Export 2.5 mln Coal Mine This Year


Semirara Mining Corp., owned by the Consunji family, plans to export 2.5 million metric tons of coal this year, company officials said.

Mining Companies Not Yet Operation global metal low prices


Listed mining companies that have yet to start operations posted bigger net losses in the third quarter, while those that have established mine sites suffered from low global metal prices, disclosures to the stock exchange showed.
Net losses of Lepanto Consolidated Mining Co. went up by more than a quarter to P111.6 million due to higher [...]

Semirara Mining Gets Coal Mine Operating Contract in Semirara Island 15 year


It is reported that Philippine energy department has extended Semirara Mining Corporation’s coal operating contract in Semirara Island by another 15 years.
Semirara was incorporated on February 26th 1980. It offered its shares to the public in 1983. On July 11th 1977, the government through the Energy Development Board, awarded a 35 year coal operating contract [...]

Coal Mining Exploration Company, Semirara Sees Strong Profit Growth


Semirara Mining Corporation, the country’s largest coal producer, expects its net profit to rise more than 20 percent this year and coal revenues to jump as much as 56 percent mainly due to higher coal prices and increased exports, the company’s chief executive said Tuesday.
Semirara hopes to sustain its double-digit profit and coal revenue growth [...]

Sultan Mining and Energy Will First Shipment of Coal Mine Result


Sultan Mining and Energy Development Corp. will make the first overseas shipment of its coal mine exploration output after entering into a supply contract with Switzerland’s Glencore International AG, documents from the Department of Energy (DOE) showed.
Glencore, one the world’s largest suppliers of commodities and raw materials, will purchase 90,000 metric tons of local coal [...]

Philippines Coal Mining Exploration and Producer, Semirara to Expand Coal Capacity


Semirara started exporting coal last year to reduce its dependence on local consumers, such as the country’s largest power generation firm National Power Corp.
This year, Semirara Mining Corpwill to expand coal capacity production and expand market coal export to China, India and Hong Kong to double to 1.6 million tonnes this year.
Total Semirara coal sales [...]