Semirara Mining and Power Corporation announced that its Board of Directors has approved the declaration of a special cash dividend amounting to P10.6 billion, equivalent to P2.50 per outstanding common share. In a disclosure to the Philippine Stock Exchange, the firm said its shareholders on...
President Marcos has lauded mining companies for going beyond mere compliance to generate profit as he recognized the private sector’s initiatives for protecting the environment and ecology. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said this as he led the 2023...
Listed mining firm Benguet Corp. said on Tuesday, Oct. 15, it secured another 25 years of permit from the Department of Environment and Natural Resources (DENR) to operate and conduct mining activities in Balanga, Bataan. In a regulatory filing, Benguet Corp. said it received the approval of the...
The Consunji family’s privately-held investment holding company Dacon Corporation is planning to kick off its P1.94 billion tender offer for the minority shares of Cemex Holdings Philippines Inc. (CHP) next month. In a disclosure to the Philippine Stock Exchange, CHP said it has received a copy...
Consunji-led Semirara Mining and Power Corporation (SMPC) is eyeing Japan as additional export market for beefed up coal output from its Semirara mine in Antique province. SMPC President and Chief Operating Officer Maria Cristina C. Gotianun told reporters that the company had already done trial...
Consunji-led Semirara Mining and Power Corporation (SMPC) is eyeing to take a provocative step as the third company breaking into the regenerated coal plant development gamble, with the targeted revival of its 700-megawatt Saint Raphael power project in Batangas that will likely command an...
The Philippine Competition Commission has cleared the Consunji Group’s planned acquisition of a controlling stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the Philippine Stock Exchange, the group said DMCI Holdings Inc., Dacon Corporation, and Semirara Mining and Power...
BUTUAN CITY – Police arrested five men for alleged illegal possession of explosives in a mountainous area here on Friday, August 9. Police Regional Office 13-Regional Public Information Office chief Police Major Jennifer S. Ometer identified the suspects as Jod, 26; Jon, 53; Las, 47; Del, 49, and...
It isn’t a rosy year for Consunji-led Semirara Mining and Power Corporation (SMPC), as its first half income suffered 34 percent downswing to P12.6 billion from a record P19.2 billion within the same six-month stretch in 2023 – and that was mainly precipitated by the apparent weakening of coal...
DAVAO CITY – The family of slain former Philsaga Mining Corp. president Samuel Afdal vowed to continue fighting for justice as prime suspect, Ryan Marky Baylon, pleaded not guilty to the killing. THE Afdal family gives an update on the murder case of patriarch former Philsaga Mining Corp....
Philex Mining Corporation, a member of the MVP Group through First Pacific Co., reported a 42 percent fall in core net income to P410 million in the first half of 2024 from the P702 million earned in the same period last year due to dwindling ore reserves at its Padcal Mine. In a disclosure to the...
Atlas Consolidated Mining and Development Corporation, a copper producer controlled by the Ramos family and the SM Group, reported a 158 percent surge in net income to P2.07 billion in the first half of 2024 from P803 million in the same period last year. In a disclosure to the Philippine Stock...
