Mine Development Sample Clauses
The Mine Development clause outlines the obligations and procedures related to the planning, construction, and commencement of mining operations on a specified property. It typically details the timeline for development, required permits, and standards for environmental and safety compliance that must be met before and during the development phase. This clause ensures that both parties understand the expectations and responsibilities involved in bringing a mining project from exploration to operational status, thereby reducing the risk of disputes and delays.
Mine Development. 20.1.1 The Mine Operator shall, at all times during the Contract Period, ensure and procure the fulfillment of its obligations in respect of development of the Mines in accordance with Applicable Laws, Applicable Permits, Mining Plan, the provisions of this Agreement and Standard Industry Practice.
20.1.2 The Mine Operator acknowledges, agrees and undertakes that the layout and geometry of Mines, including underground development in rock and/ or coal for access and development of trunk roadways in Coal Seams, layout of panels in the Coal Seams, panel length and width, method of underground development and working height or thickness of galleries or roadways during underground development in rock and Coal Seams etc., shall at all times conform with the provisions of this Agreement, Applicable Laws and Standard Industry Practice.
20.1.3 The Engineer in charge shall regularly determine the compliance of the provisions of this Article 20 by the Mine Operator.
Mine Development. It was proposed to develop old pit for mineral. Mining was carried out in the old pit.
Mine Development. Others . . . . . . . . . . . . . . . . . . . . . . . . . . USD (000’s) USD (000’s) USD (000’s) 7,285 1,296 10,152 2,339 9,398 2,796 6,200 3,069 6,000 2,915 5,500 2,600 5,500 2,600 Processing Cost . . . . . . . . . . . . . . . . . . . . USD (000’s) 29,315 31,104 41,884 34,234 32,523 31,300 31,300 Smelting cost (concentrate) . . . . . . . . . . . . USD (000’s) 12,511 13,814 20,487 15,762 14,974 14,500 14,500 Other costs . . . . . . . . . . . . . . . . . . . . . . . USD (000’s) 228 88 108 190 200 200 200 Concentrate sale . . . . . . . . . . . . . . . . . . . USD (000’s) 1,599 1,559 1,647 1,574 1,550 1,463 968 Management fee . . . . . . . . . . . . . . . . . . . USD (000’s) 6,616 9,119 10,249 8,226 7,500 7,500 8,000 The Saindak Cu-Au Mine unit operating costs vary from USD18.80/t to USD 27.56/t (refer to Table 6.16). While the forecast operating costs appear low, they are reasonable for a large tonnage, high throughput operation.
Mine Development refers to work undertaken to prepare an ore body or a mineral deposit for mining, including the construction of necessary infrastructure and related facilities.
Mine Development