MINERAL RESOURCES UTILISATION Clause Samples
The MINERAL RESOURCES UTILISATION clause defines the rights and obligations related to the extraction and use of mineral resources found on a specified property or within a project area. Typically, this clause outlines who is permitted to access, extract, and benefit from minerals such as oil, gas, coal, or metals, and may set conditions for environmental protection, royalties, or reporting requirements. Its core function is to clearly allocate rights and responsibilities regarding mineral resources, thereby preventing disputes and ensuring compliance with relevant laws and agreements.
MINERAL RESOURCES UTILISATION. The Parties shall encourage cooperation in research, innovation and application of emerging and advanced technologies in mining and geosciences including environment management, mine rehabilitation and the efficient mining, processing and recycling of minerals.