BRIEF-Semirara Mining & Power Corp Says Energy Department Imposed Penalties For Violations Related To Coal Trading

Nov 19 (Reuters) - Semirara Mining and Power Corporation :

* ENERGY DEPARTMENT IMPOSED PENALTIES INCLUDING 1-MONTH SUSPENSION FOR VIOLATIONS RELATED TO COAL TRADING WITH GOLD ANCHORAGE

* CORPORATION SHALL FILE ITS MOTION TO THE DOE SEEKING RECONSIDERATION OF THE RESOLUTION TO IMPOSE PENALITIES

* ENERGY DEPARTMENT IMPOSED FINE OF 1.7 MILLION PESOS FOR UNABATED, CONTINUOUS COAL TRADING DESPITE ACCREDITATION SUSPENSION

* SUBJECT TO A MOTION FOR RECONSIDERATION, CO SHALL CONTINUE COAL TRADING ACTIVITIES TO SERVE EXISTING CUSTOMERS Source text for Eikon: Further company coverage: