Sustaining Capital definition

Sustaining Capital means Capital Expenditure that is not Expansion Capital;
Sustaining Capital means those capital expenditures in accordance with the World Gold Council’s AISC definitions and refers to capital expenditures that are required to sustain current operations but exclude all non-sustaining (Expansion) Capital.
Sustaining Capital means, with respect to the LIL, Expenditures of a capital nature as determined in accordance with accounting principles accepted by the PUB or other Authorized Authority, subsequent to First Commercial Power of the LIL, excluding any amount related to a LIL Redevelopment or a LIL Expansion;

Examples of Sustaining Capital in a sentence

  • Capital & Operating Cost EstimatesInitial and Sustaining Capital Costs (CAPEX)*Note: Start-up working capital to be provided by concentrate purchasers on credit revolver basis.

  • Please note: A detailed analysis of the regulatory environment is conducted within tasks 2.4 of AVENUE.

  • The capital cost summary is as follows: Initial Capital Cost… $1,614 millionLOM Sustaining Capital Cost $585 millionContingency included in initial capital cost $323 million Project operating costs are based on comparison to similar mining operations in Alaska and the USA.

  • At the appropriate stage in the project consultation process, ARTC must inform the RCG of the Capital Allocation proposed for the Sustaining Capital including information in sub-section (c) or (d) as applicable.

  • Revenue Adjustment = Actual Revenue – Projected Revenue Capital Adjustment = (Projected Enhancement and Sustaining Capital Costs) – (Actual Enhancement and Sustaining Capital Costs) Annual Payment = Annual Credits –Revenue Adjustment – Capital Adjustment The Selected Nuclear Reactor may request adjustment of current and future year Payments, not to exceed the maximum value of the award.

  • If ARTC considers that the ACCC has not previously approved a Capital Allocation for projects or Sustaining Capital of a similar nature or purpose to the project or Sustaining Capital, then ARTC must provide an independent engineering assessment of the appropriate Capital Allocation (having regard to the purpose, causal factors and costs drivers for the project or Sustaining Capital) and the instructions provided to the expert.

  • PEA Parameters and Outputs – Base Case US$1375/oz Au, $0.753 FX, 5% Discount After-tax NPV5% ($M)111.3After-tax IRR (%)50.5After-tax payback (years)1.5LOM tonnes processed (Mt)2,138,000LOM Au grade Au (gpt)7.82LOM Au mill recovery (%)97.0LOM Au production (oz)521,500Average annual Au production (oz)57,900Pre-Production Capital ($M)57.2LOM Sustaining Capital ($M)84.8LOM AISC (US$/oz)938.80Mine life (years)9.0 Table 2.

  • If ARTC considers that the ACCC has previously approved a Capital Allocation for projects or Sustaining Capital of a similar nature or purpose to the project, then ARTC must provide information to the RCG as to the similarities (having regard to the Historical Capital Allocation List) and why that Capital Allocation is appropriate to be applied.

  • If the mine should proceed to production, there is a sustaining capital cost (“Mine Sustaining Capital Cost”) to develop the main ramp deeper into the mine over the LOM to complete the access to the reserve.

  • It should be noted that Sustaining Capital has remained at the extremely low level of the past year.


More Definitions of Sustaining Capital

Sustaining Capital means sustaining capital (as that term is used in the Santa Xxxx Mine Plan as it exists on the date hereof) for the Santa Xxxx Project;
Sustaining Capital means a non-routine capital expense in respect of an existing asset in an amount not less than $25,000 required to maintain the operating performance of that asset or to extend its life by more than twelve months and shall not include the following costs and expenses:

Related to Sustaining Capital

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Working Capital means Current Assets less Current Liabilities.

  • Target Working Capital has the meaning set forth in Section 2.06(a)(ii).

  • Working Capital Loan has the meaning specified in Section 2.1(c).

  • Refunding Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Target Net Working Capital means $36,500,000.

  • Final Net Working Capital shall have the meaning set forth in Section 2.3(b)(ii).

  • Working Capital Lender means any Lender that has a Working Capital Commitment.

  • Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Consolidated Working Capital at any date, the excess of Consolidated Current Assets on such date over Consolidated Current Liabilities on such date.

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

  • Working Capital Reserve shall have the meaning set forth in the Partnership Agreement.

  • Working Capital Assets means the current assets of Company and its Subsidiaries as of the Effective Time (including all Cash and Cash Equivalents), each determined in accordance with Accounting Principles but excluding all Tax assets; provided, however, in no event shall any accounts receivable relating to item #3 (System Gain/Loss) on Schedule 4.5 be included as a current asset of the Company or its Subsidiaries.

  • Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.

  • Net Working Capital Target means $0.00.

  • Estimated Net Working Capital shall have the meaning set forth in Section 2.3(a).

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

  • Closing Date Net Working Capital has the meaning specified in Section 3.4(a).

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Working Capital Advance has the meaning specified in Section 2.01(c).

  • Working Capital Units shall have the meaning given in the Recitals hereto.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).