MANILA, Philippines — Semirara Mining and Power Corp. (SMPC) is letting go of nearly 1,000 employees amid the massive seawater inflows at one of its mine sites, with limits on investments due to uncertainties in the bidding of coal contracts adding to the pressure on future production.
Subscribe to our daily digest to continue reading.
This full news article is accesssible to logged-in friends and clients of Lachica Madanlo who subscribe to our Daily Digest newsletter. To gain access to our daily newsletter, please contact us.
Request access