Mining and Power Corporation (SMPC) said on Wednesday that the depletion of its mineable coal reserves in its Panian Pit located on Semirara Island, Caluya, Antique was confirmed by the Department of Energy (DOE).
The miner said it received a notification from the DOE dated September 26, 2016 certifying and confirming the depletion of the Panian Pit coal reserves in Antique after this was validated by DOE technical staff during a visit to the site from September 20-21.
The certification was signed by DOE Undersecretary Donato Marcos, the miner said.
SMPC said its coal production in Panian Pit has ceased effective September 26 and rehabilitation of the area shall be undertaken.
SMPC, a unit of DMCI Holdings Inc., is the largest coal mining company in the country.
The controversial Panian mining pit has seen two accidents that killed many lives. The first was on Feb. 13, 2013 when part of the western wall of the Panian pit collapsed, leaving five workers dead and five others still missing and presumed dead.
The second was on July 18, when a portion of DMCI’s northern Panian mining pit collapsed and buried the workers, mostly drivers of heavy equipment.