AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
  • Home
  • News
  • Features
  • Business
No Result
View All Result
AngMinero
No Result
View All Result
Home Business

Semirara to expand coal operations in Antique

AngMinero News by AngMinero News
January 20, 2020
in Business, News
26 2
0
DOE investigates SMPC incident in Antique

Photo from BusinessWorld | bworldonline.com

84
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Semirara Mining and Power Corp. (SMPC) has submitted its proposal to the Department of Environment and Natural Resources (DENR) for increasing its total mine area from 1,200 to 1,630 hectares in Antique.

The proposal aims to improve seawater control measures and raise coal reserves, as reported in a Philippine Star article.

This will come from the expansion of the Narra Pit to 550 hectares and of the Molave Pit to 680 hectares.

The total mining complex will be 4,369.25 hectares from 3,369.25 hectares. This is still within the 13,000-hectare area approved under coal operating contract (COC) No. 5.

The expansion would address “widening of sea barrier for safer mining operation and better control of sea water seepage.”

SMPC expects to increase coal reserves by 34 million metric tons (MT) , with the addition coming from the Molave Pit and Narra Pit of around 22.5 million MT and 11.5 million MT respectively.

SMPC said the expansion would result in an estimated annual production cost of P24 billion once it is completed.

The company’s commercial operation of the Molave mine is expected to begin in 2023, while Narra mine by 2027 depending on coal release.

“These mining activities require a very dynamic drilling program and a vigorous exploration campaign not only to cope with the safety, geotechnical, and hydrogeological aspects of mining areas, but equally important is also to discover additional coal resources that would replenish mined-out reserves,” SMPC was quoted in a Philstar report.

SMPC closed down two mine sites before, which was the Unong Mine in the island and Panian Pit. The Unong Mine was closed in 2000 and now fully restored after 17 years.

Panian Pit was closed in October 2016 due to depletion of its mineable coal reserves. This is currently under rehabilitation.

The company’s total production is already at 14.5 million MT as of December last year. This is 12 percent higher than the previous year’s 12.9 million MT production.

Coal shipment increased by 26 percent, which is 14.6 million MT.

 

Tags: Semirara

Related Posts

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte
News

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

October 28, 2025
De Lima urges House probe into alleged illegal mining in Nueva Vizcaya
News

De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

October 28, 2025
Investors show interest in Philex’s Silangan mine ahead of 2026 launch
News

Investors show interest in Philex’s Silangan mine ahead of 2026 launch

October 27, 2025
President Marcos urges sustainable, law-abiding mining investments in PH
News

President Marcos urges sustainable, law-abiding mining investments in PH

October 27, 2025
Chamber of Mines says reforms can revive PH mining exports
News

Chamber of Mines says reforms can revive PH mining exports

October 27, 2025
SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B
Business

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

October 20, 2025

FEATURED POST

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

October 28, 2025
De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

October 28, 2025
Investors show interest in Philex’s Silangan mine ahead of 2026 launch

Investors show interest in Philex’s Silangan mine ahead of 2026 launch

October 27, 2025
President Marcos urges sustainable, law-abiding mining investments in PH

President Marcos urges sustainable, law-abiding mining investments in PH

October 27, 2025

EDITOR PICK'S

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

October 28, 2025

De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

October 28, 2025

Investors show interest in Philex’s Silangan mine ahead of 2026 launch

October 27, 2025

President Marcos urges sustainable, law-abiding mining investments in PH

October 27, 2025

Chamber of Mines says reforms can revive PH mining exports

October 27, 2025

SMPC declares PHP1.25 special cash dividend, total 2025 payout at PHP13.8B

October 20, 2025

FNI legal team earns top honors at 2025 ALB Philippine Law Awards

October 16, 2025

Recent News

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

DENR sets public scoping for proposed Mapawa Gold Project in Surigao del Norte

October 28, 2025
De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

De Lima urges House probe into alleged illegal mining in Nueva Vizcaya

October 28, 2025

Category

  • Business
  • Features
  • News
  • Uncategorized

Follow us

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In