XINGNING, Guangdong, Aug. 29 (Xinhua) -- Each family of the 123 victims in a flooded coal mine in south China's Guangdong Province will be paid 200,000 yuan (24,661 US dollars) for compensation, rescuers said Monday.

    Related: Rescue work stops in Guangdong coalmine, 123 confirmed dead

    The relatives of victims will receive the indemnity Tuesday, said officials with the headquarters of the rescue team. However,two families of victims are yet to be contacted.

    With the approval of the Guangdong Province, the rescue headquarters ordered the cessation of the rescue work on Monday afternoon, finding no hope of survival for the 117 miners who had been trapped for 23 days in the Daxing Coal Mine of Xingning City in the province.

    The bodies of six miners killed in the accident were found earlier.

    Experts at the site asserted Monday that there could be no chance of survival for the miners in the flooded coal mine after such a long time.

    In addition, the geological situation is too complicated to continue the rescue operation.

    The accident occurred at 1:30 p.m. on Aug. 7. Only four miners escaped. Enditem