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Semirara Mining and Power Corporation (SCC.PS)

SCC.PS on Philippine Stock Exchange

46.35PHP
21 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Semirara Mining And Power Corp says HY consolidated net income after tax 7.86 bln pesos, up 24 pct
Thursday, 10 Aug 2017 

Aug 10 (Reuters) - Semirara Mining And Power Corporation -:Consolidated h1 net income after tax increased 24% yoy to 7.86 billion pesos from 6.36 billion pesos last year.Hy coal production increased by 25% yoy to 7.35 million metric tons (mts) from 5.88 million mts last year.Hy coal sales volume was 6.3 million metric tons, down 4 percent.  Full Article

Semirara Mining Corp clarifies on collateral issues raised against co
Tuesday, 16 Aug 2016 

Semirara Mining Corp : Refers to announcement dated August 12, relative to Department Of Energy'S directive to clarify collateral issues raised against co . Assures that waste is not thrown to nor in direct contact with the environment or with the mangroves in the area" . Does not utilize toxic chemicals or materials in its operations" . "Sulfur content of Semirara coal produced does not post danger to our employees nor to nearby residents" .  Full Article

Semirara Mining responds to briefing by department of environment and natural resources
Thursday, 11 Aug 2016 

Semirara Mining Corp : Announcement refers to press briefing of secretary Regina l. lopez of the department of environment and natural resources (denr) . Yet to receive a copy of any order from denr. we will respond accordingly once we have the complete official information" . Reiterate that Semirara Mining and power corporation has been fully complying with all relevant laws and regulations" .  Full Article

Semirara Mining clarifies on news article relating to 2016 production
Tuesday, 14 Jun 2016 

Semirara Mining Corp : Announcement refers to article entitled "Semirara to hike output" posted in inquirer.net on June 14, 2016 . Confirm "production could reach to about 10 million mt for 2016 given favorable weather conditions for maximized operating days" .  Full Article

Semirara Mining consolidated Q1 net income after tax up 16% yoy at 2.91 billion pesos
Tuesday, 10 May 2016 

Semirara Mining Corp : Consolidated Q1 net income after tax up 16% yoy at 2.91 billion pesos; Q1 revenues 6.66 billion pesos versus 7.25 billion pesos .  Full Article

Semirara Mining Corp updates on supreme court decision on illegal dismissal case
Friday, 29 Apr 2016 

Semirara Mining Corp:Supreme court decision on illegal dismissal case.Court resolves to deny the petition for failure to sufficiently show any reversible error in the challenged decision.Refers to illegal dismissal case filed by Bornea seeking reinstatement as foreman supervisor of co in its mining facility in caluya, antique.Supreme court's resolution does not have any effect on its business or operations.  Full Article