DENR-EMB Quezon City Suspends ECC of Semirara Mining

Makati—(PHStocks)—On 22 July 2015, the Department of Environment and Natural Resources, Environmental Management Bureau (DENR-EMB), Office of the Regional Director (Iloilo City) issued a Cease and Desist Order dated 21 July 2015 directing Semirara Mining and Power Corp. (PSE: SCC) from undertaking any activity in the Panian Mine except for search and rescue and rehabilitation efforts in the area until the company have implemented the approved mitigation measures to prevent future incidents from taking place.

On 24 July, the company also received a copy of the Cease and Desist Order likewise dated 21 July 2015 issued by DENR-EMB, Main Office (Quezon City), the dispositive part states that:

“WHEREFORE, premises considered, the Environmental Compliance Certificate issued to Respondent for its East Panian Expansion Project (ECC-CO-9805-009-302A) on 27 November 2009 is hereby suspended until further notice.”

SO ORDERED.

Quezon City, Metro Manila, 21 July 2015.”