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2022

SMPC remits P5.9-B royalty to gov’t

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After posting record high income of P15 billion within first quarter this year, listed firm Semirara Mining and Power Corporation (SMPC) has remitted P5.9 billion to the Department of Energy (DOE) as royalty share of the government on its coal mining operations covering the three-month stretch. According to the Consunji-led ...



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