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.
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