By:
Ronnel W. Domingo 05:08 AM December 28, 2019
The Department of Energy (DOE) has given Semirara Mining and Power Corp. (SMPC)
the green light to resume coal mining operations in Antique, following a
suspension order that was issued in the aftermath of a fatal accident last
October.
Semirara said in a regulatory
filing that the DOE lifted the suspension order issued in November, but this
did not cover the area adjacent of the former Casay Lake until it has removed
all liquefiable materials in the area.
“[The] DOE stated that
the company substantially complied with all the conditions of its directive as
specified in the DOE’s order dated Nov. 14, 2019,” Semirara said.
In November, coal
mining activities were stopped following a mudslide that killed a worker.
Prior to the incident,
Semirara already received an Oct. 15 resolution from the DOE, which found the
company in violation of a circular that governs the accreditation of coal
traders and registration of coal end-users.
The resolution ordered
the suspension of SMPC’s coal transaction with Gold Anchorage, which the DOE
alleged was an unaccredited trader. Coal deliveries to SMPC-owned power plants
and other local power plants with existing coal supply agreements were spared.
The company had said
the DOE orders would result in production losses of 40,000-45,000 tons per day.
“The financial impact, however, shall depend on the prevailing price of coal,”
the company added.
No comments:
Post a Comment