Mining Practice Clause Samples
The Mining Practice clause defines the standards and methods that must be followed during mining operations under the agreement. It typically requires that all activities adhere to recognized industry practices, applicable laws, and environmental regulations, ensuring that mining is conducted safely and responsibly. For example, it may specify the use of certain technologies, safety protocols, or environmental safeguards. The core function of this clause is to ensure that mining activities are performed in a manner that minimizes risk, protects the environment, and complies with legal and industry standards.
Mining Practice. Except as disclosed in the Registration Statement and the Prospectus, all mining operations by the Company and its subsidiaries on the Material Properties have for the past five years been conducted with the exercise of reasonable diligence, skill, care and prudence for mining operations in similar locations under similar circumstances.
Mining Practice. All mining operations by the Seller, and Miranda and Gold Torrent with respect to the Project, on the Properties have been conducted with the exercise of reasonable diligence, skill, care and prudence for mining operations in similar locations under similar circumstances.