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Tag Archives: mining industry

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  2. Entries tagged with "mining industry"

ocean floor

Apollo Global secures P988M for PH’s first deep sea mining

Insights, Investor, Logistics and Supply ChainBy Karl R. OcampoSeptember 3, 2021

Apollo Global Capital, Inc. (APL) has raised from its recently concluded follow-on offering (FOO) as it prepares for its offshore mining project in Cagayan, the first of its kind in the country. In a press statement, APL said the funds would be used mainly for the procurement of equipment and insurance for its magnetite iron…

tractors mining for coal

Gov’t gets P1.7B in royalty from SMPC

Insights, Investor, Logistics and Supply ChainBy Ronnel W. DomingoSeptember 3, 2021

Semirara Mining and Power Corp. (SMPC) has turned over close to in royalty payment to the Department of Energy for the second quarter, which the coal and electricity producer said was the highest ever in its history. SMPC said in a statement the record-high amount was generated after recognizing P14.8 billion in revenue on the…

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