Semirara Expects 6-7 Million MT Coal Production in 2011
Semirara Mining Corp. (PSE: SCC) has confirmed recent reports that the company’s coal production could reach 6-7 million metric tons (MT) this year, driven by increasing demand. The statement is based from a news article by BusinessMirror, quoting DMCI Holdings Inc. (PSE: DMC) President Isidro Consunji.
Semirara is the coal-exploration arm of DMCI.