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RR1:AU
Rights Issue and Shortfall
Reuters reported that Semirara Mining and Power, the largest coal producer in the Philippines, will be allowed to resume mining following a two-month suspension.
Reuters reported that Semirara Mining and Power, the largest coal producer in the Philippines, will be allowed to resume mining following a two-month suspension.
As quoted in the publication:
Semirara, a unit of Philippine conglomerate DMCI Holdings Inc, was forced to halt coal exports following a suspension imposed from July 17 after a landslide at Semirara’s Panian mine in central Philippines buried nine workers alive.
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