Mining Property definition

Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);
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Mining Property. ’ means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);(Amended by s1 of Act 29 of 2014)
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Mining Property means a property used for mining operations as defined by the Mineral and Petroleum Resources Development Act, No.28 of 2002, as amended;
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Examples of Mining Property in a sentence

  • Give notice to the Lender as soon as it becomes aware of the commencement of any action, litigation, proceeding, arbitration, investigation, grievance or dispute affecting any Credit Party, any Mining Property, any Material Contract or any Affairs of a Credit Party, together with copies of the court filings or other documents associated therewith.

  • The Group has announced a discovery on Gosha Mining Property in February 2011 and submitted the development programme to the Government according to the PSA requirements, which was approved in 2012.

  • Each Credit Party shall preserve and defend its ownership of and all right, title and interest in its assets, properties and rights, including each Mining Property, as such title is represented and warranted in Section 7.1(j).

  • Upon commercial production being achieved assets under construction will be re-categorised as Mining Property, and any costs will be depleted using a units of production method.

  • The Credit Parties shall use commercially reasonable efforts to explore, investigate, develop, mine, operate and use each Mining Property in accordance with Prudent Mining Industry Practices.


More Definitions of Mining Property

Mining Property means a property used for mining operations.;
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Mining Property has the meaning set forth in Recital A.
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Mining Property. Means property on which an operation or activity of extracting minerals is conducted and includes any operation or activity incidental thereto.
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Mining Property means a property that is used for mining operations as defined in the Mineral and Petroleum Resources Development Act (Act 28 of 2002).
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Mining Property as defined in the Freeport Royalty Agreement is made up of: (i) the lands subject to the Xxxxxx Lease; and (ii) the lands subject to the 2018 UNR Lease. The Net Smelter Return Royalty is due and payable to Royal Gold.
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Mining Property means as is specified in the definition of “Required Permits”.
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Mining Property means, in respect of a diamond mine,
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