1 Sec. 113. Power to issue orders. - The mines regional director, in consultation 2 with the Environmental Management Bureau, forthwith or within such time as specified 3 in the order, require the contractor to remedy any practice connected with mining, 4 which is not in accordance with safety and anti-pollution laws and regulations. In case 5 of imminent danger to life or property, the Director may summarily suspend the mining 6 operation until the danger is removed, or appropriate measures are taken by the 7 contractor. Unreasonable delay to remove the danger or introduce the necessary 8 improvements by the contractor shall be a cause for the cancellation of the mineral 9 agreement. 10 Sec. 114. Report o f accidents. - In case of any incident or accident, causing or 11 creating the danger of loss of life or serious physical injuries, the person in charge of 12 operations shallimmediately report the same to the regional office where the 13 operations are situated. 14 cause for the imposition of administrative sanctions prescribed in the rules and 15 regulations implementing this Act. Failure to report the same without justifiable reason shall be 16 17 18 B. ENVIRONM ENTAL PROTECTION 19 Sec. 115. Environmental Insurance. - Contractors and mineral processing permit 20 holders shall be obliged to execute an insurance contract as an environmental 21 assurance for each and every source of pollution or disaster, relative to the "w orst case 22 scenario" costs, following accepted actuarial standards. Provided, That in no way shall 23 this provision be construed to remove or reduce the liability of the contractors and/or 24 permit holders to compensate any damage caused by their operations. Provided further, 25 That the insurer shall be an accredited international company in good standing. 26 Prior to the approval of the insurance contract by the DENR, the DENR shall seek and 27 consider the opinion of an independent expert as to the financial credibility of the 28 insurer. 29 Sec. 116. Calamity and Human Rights Protection Fund. - Persons issued a 30 mineral agreement shall deposit five million pesos (PhP 5,000,000.00) semi-annually in 31 an interest-bearing account a common fund maintained by the national government 32 which shall be used for responding to, or ameliorating the effects of calamities, natural 33 disasters and human rights violations including militarization, displacement, and forcible 34 evacuation in any part of the country in relation to mining activities. Provided, That in 35 no way shall this provision be construed to remove or reduce the liability o f the 36 contractors and/or permit holders to compensate any damage caused by their 37 operations. 37