LISTED integrated energy firm Semirara Mining and Power Corp. said on Friday it spent P3.5 billion on its mining equipment capital expenditures during the first six months of the year, as part of its mine expansion and fleet modernization program.
In a disclosure to the Philippine Stock Exchange, Semirara said equipment purchased include 46 dump trucks, six hydraulic excavators and other support machinery, with delivery of 21 more heavy equipment expected by the end of the year.
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