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Semirara

Latest Daily Tribune news and analysis on Semirara.

  1. THE Consunji-led Semirara Mining and Power Corporation operates the country’s largest coal mine on Semirara Island, Antique, under Operating Contract No. 5, which is set to expire on 14 July 2027.

    Semirara coal supply at risk by July 2027

    The Department of Energy is being urged to resolve the contested requirements pertaining to the bidding of the mine being operated by Semirara Mining and Power…

  2. Semirara Mining and Power Corp.

    Semirara coal supply at risk by July 2027

    Semirara's coal supply faces uncertainty as its operating contract nears expiration in July 2027. Consumer advocates urge the government to resolve disputes…

  3. Energy security: DoE or don’t

    Energy security: DoE or don’t

    A company with no mining experience can put up a huge number, win the auction, and then find that it cannot get a single ton out of the ground.

  4. SEMIRARA Mining and Power Corp. is charging the Department of Energy with blocking it from the upcoming auction for the Semirara mine through restrictive new rules and a lack of transparency, saying that the bidding framework for the Semirara coal resource violates standard protocols and forces the company out of the process.

    SMPC seeks fairer terms in Semirara coal auction

    Semirara Mining and Power Corp. (SMPC) is challenging the Department of Energy’s revised bidding rules for the Semirara coal mine, warning that requirements to…

  5. Hijacking the system

    Hijacking the system

    SMPC said electricity rates could come under pressure if the bidding leads to a production halt by July next year, while saying it is weighing legal options to…

  6. Semirara Mining and Power Corp.

    Semirara bid risks power cost spike

    Discover how the government's bidding rules for the Semirara coal mine could disrupt production, risk higher electricity rates, and impact state revenues, as…

  7. SEMIRARA Mining and Power Corporation operates the largest and most modern pit mine in the Philippines. Our truck and shovel operations can produce 16 million metric tons of coal annually. Our power business has an installed generating capacity of 900MW, providing affordable electricity to the main grid.

    DoE scraps coal bid, resets Semirara rules

    The DoE cancels the 2026 coal bidding round, including Semirara Island, to revise contract rules and secure better economic returns for the government.

  8. SEMIRARA Mining and Power Corp., today, remains the only power producer in the country that both mines and uses its own fuel and continues to supply the bulk of domestically produced coal.

    SMPC cuts 462 jobs as coal outlook dims

    Semirara Mining and Power Corp. (SMPC) is cutting 462 mine-site jobs as coal production targets are slashed by over one-third and uncertainty looms over its…

  9. Semirara Mining and Power Corp.

    Semirara wins P27M tax refund case

    Semirara Mining and Power Corp. wins a landmark Supreme Court ruling granting a P27.34-million tax refund on diesel import duties, ending a 13-year dispute…

  10. Meralco keen on Semirara auction

    Meralco keen on Semirara auction

    Meralco and Meralco PowerGen monitor the upcoming Semirara Mining and Power coal contract auction, with the Department of Energy opening bidding to ensure…

  11. PSE

    Stocks slide as BSP rate cut looms

    Philippine stocks decline as investors await Bangko Sentral’s Thursday policy decision amid potential 25-basis-point rate cut.

  12. SCUTTLEBUTT

    SCUTTLEBUTT

    Falling global coal prices amid weak demand make it ideal for the Philippines to continue its pragmatic energy strategy, says Maybank Research, despite…