Mining Rights Sample Clauses
The Mining Rights clause defines the permissions and limitations granted to a party for exploring, extracting, and processing minerals on a specified property. Typically, it outlines the scope of activities allowed, such as drilling, excavation, and removal of mineral resources, and may specify geographic boundaries, timeframes, and any required compliance with environmental or regulatory standards. This clause serves to clearly allocate the rights and responsibilities related to mineral extraction, preventing disputes over land use and ensuring both parties understand the extent of authorized mining activities.
POPULAR SAMPLE Copied 3 times
Mining Rights. Except as described in the Registration Statement and Prospectus:
(i) The CK Gold Project in Wyoming (“Material Property”) is the only resource property that is currently material to the Company in which the Company or the Subsidiaries have an interest.
(ii) The Company, directly or through its Subsidiaries, holds an interest in fee or freehold title, mining leases, mining concessions, mining claims, exploration permits, prospecting permits, participant interests, conventional property agreements, or proprietary interests or rights, or other similar contractual rights recognized in the jurisdiction in which the Material Property are located, in respect of the ore bodies and minerals located on the Material Property in which the Company (through the applicable subsidiary) has an interest under valid, subsisting and enforceable title documents or other recognized and enforceable agreements, instruments, contracts, arrangements or understandings, sufficient to permit the Company (through the applicable subsidiary) to explore for the minerals relating thereto, and all such material documents, agreements, instruments, contracts, arrangements or understandings in connection with the Material Property (“Material Property Agreements”) are valid and subsisting and enforceable in accordance with their terms, except in each case where the failure to be so would not be reasonably expected to have a Material Adverse Effect.
(iii) All concessions, leases, property agreements and contracts, claims and permits relating to the Material Property in which the Company (through the applicable subsidiary) has an interest or right have been validly granted, located, approved, executed and/or recorded or filed in accordance with all applicable laws and are valid, subsisting and enforceable in all respects, except in each case where the failure to be so would not be reasonably expected to have a Material Adverse Effect.
(iv) Except as disclosed in the Registration Statement or the Prospectus, the Company (through the applicable Subsidiary) has, or reasonably anticipates receiving in due course, all necessary surface rights, access rights and other necessary rights and interests relating to the Material Property in which the Company (through the applicable subsidiary) has an interest granting the Company (through the applicable Subsidiary) the right and ability to explore for minerals, ore and metals as are appropriate in view of the rights and interest therein of the Company or th...
Mining Rights. Except as disclosed in the Specified Disclosure, the Mining Rights of the Corporation and the Material Entities are in good standing, are valid and enforceable, are free and clear of any material liens or charges and, other than as set out in the Pricing Disclosure Package and the Prospectuses, no material royalty is payable in respect of any of them. Except as set out in the Pricing Disclosure Package and the Prospectuses, no property rights other than the Mining Rights are necessary for the conduct of the Corporation’s or the Material Entities’ business as now conducted or proposed to be conducted in the Pricing Disclosure Package and the Prospectuses; and except as set out in the Pricing Disclosure Package and the Prospectuses there are no material restrictions on the ability of the Corporation or the Material Entities to use, transfer or otherwise exploit any such rights. The Corporation and the Material Entities are the holders of the Mining Rights necessary to carry on the activities of the Corporation and the Material Entities. The Mining Rights held by the Corporation and the Material Entities cover the areas required by them for such purposes, except as disclosed in the Specified Disclosure;
Mining Rights. The Basin Gulch Project, as described in the Registration Statement, the General Disclosure Package and the Prospectus (collectively, the “Material Properties”) are the only resource properties currently material to the Company in which the Company or its Subsidiaries have an interest; the Company or through its Subsidiaries, hold either freehold title, mining leases, mining concessions, mining claims, exploration permits, prospecting permits or participant interests or other conventional property or proprietary interests or rights, recognized in the jurisdiction in which the Material Properties are located, in respect of the ore bodies and minerals located on the Material Properties in which the Company (through the applicable Subsidiary) has an interest under valid, subsisting and enforceable title documents or other recognized and enforceable agreements or instruments, sufficient to permit the Company (through the applicable Subsidiary) to explore for and exploit, to the extent currently undertaken or disclosed in the Registration Statement, the General Disclosure Package and the Prospectus, the minerals relating thereto; all leases or claims relating to the Material Properties in which the Company (through the applicable Subsidiary) has an interest or right have been validly located and recorded in accordance with all applicable laws and are valid and subsisting, in each case in all material respects; except as disclosed in the Registration Statement, the General Disclosure Package and the Prospectus, the Company (through the applicable Subsidiary) has or reasonably anticipates receiving in due course all necessary surface rights, access rights and other necessary rights and interests relating to the Material Property in which the Company (through the applicable Subsidiary) has an interest granting the Company (through the applicable Subsidiary) the right and ability to explore for and exploit minerals, ore and metals for development and production purposes as are appropriate in view of the rights and interest therein of the Company or the applicable Subsidiary, with only such exceptions as do not materially interfere with the current use made by the Company or the applicable Subsidiary of the rights or interest so held, and each of the proprietary interests or rights and each of the documents, agreements and instruments and obligations relating thereto referred to above is currently in good standing in all material respects in the name of the Company ...
Mining Rights. Schedule 4.21 contains a complete and accurate description of the Patented Mining Claims and the Unpatented Mining Claims. Except as set forth in Schedule 4.21:
(a) With respect to the Patented Mining Claims, at the Closing, the execution by Seller and the delivery to Newco of the Mining Deed described in Section 3.2(a)(vi) will vest in Newco good and marketable title thereto free and clear of all Encumbrances other than Permitted Encumbrances but subject to and limited by the exceptions and reservations contained in the Mineral Patents.
(b) At Closing, the execution by Seller of the Special Warranty Deed described in Section 3.2(a)(vii) and the delivery thereof to Newco will vest in Newco the Unpatented Mining Claims free and clear of all Encumbrances, other than Permitted Encumbrances, arising by, through or under Seller. Seller is in exclusive possession of each Unpatented Mining Claim; each Unpatented Mining Claim was located on public lands of the United States open for such location; no third party claimants have located mining claims that overlap any of the Unpatented Mining Claims; all location and maintenance filings, recordings, assessment work or necessary payments required by applicable Regulations have been timely performed or made for each Unpatented Mining Claim in order to validly maintain each Unpatented Mining Claim; each Unpatented Mining Claim has been properly staked, posted and monumented in compliance with all applicable Regulations; provided, however, that nothing contained in this Agreement shall be construed as a representation or warranty by Seller that it has made a discovery of a valuable mineral on each of the Unpatented Mining Claims for purposes of the United States mining laws.
Mining Rights. Except as disclosed in the Specified Disclosure, the Mining Rights of the Corporation and its Material Entities are in good standing, are valid and enforceable, are free and clear of any material liens or charges and, other than as set out in the Offering Documents, no material royalty is payable in respect of any of them. Except as set out in the Offering Documents, no property rights other than the Mining Rights are necessary for the conduct of the Corporation’s or the Material Entities’ business as now conducted or proposed to be conducted in the Offering Documents; and except as set out in the Offering Documents there are no material restrictions on the ability of the Corporation or the Material Entities to use, transfer or otherwise exploit any such rights. The Corporation and its Material Entities are the holders of the Mining Rights necessary to carry on the activities of the Corporation and its Material Entities. The Mining Rights held by the Corporation and its Material Entities cover the areas required by them for such purposes, except as disclosed in the Specified Disclosure;
Mining Rights. The ▇▇▇▇▇ mine, San ▇▇▇▇▇▇▇ mine and Bralorne Gold mine, each as described in the Registration Statement or included or incorporated by reference in the Prospectus (collectively, the “Material Properties”) are the only material resource properties in which the Company or the Material Subsidiaries have an interest; the Company or through the Material Subsidiaries, hold either freehold title, mining leases, mining concessions, mining claims, exploration permits, prospecting permits or participant interests or other conventional property or proprietary interests or rights, recognized in the jurisdiction in which the Material Properties are located, in respect of the ore bodies and minerals located on the Material Properties in which the Company (through the applicable Material Subsidiary) has an interest under valid, subsisting and enforceable title documents or other recognized and enforceable agreements, contracts, arrangements or understandings, sufficient to permit the Company (through the applicable Material Subsidiary) to explore for and exploit the minerals relating thereto; all leases or claims and permits relating to the Material Properties in which the Company (through the applicable Material Subsidiary) has an interest or right have been validly located and recorded in accordance with all applicable laws and are valid and subsisting; the Company (through the applicable Material Subsidiary) has all necessary surface rights, access rights and other necessary rights and interests relating to the Material Property in which the Company (through the applicable Material Subsidiary) has an interest granting the Company (through the applicable Material Subsidiary) the right and ability to explore for and exploit minerals, ore and metals for development and production purposes as are appropriate in view of the rights and interest therein of the Company or the applicable Material Subsidiary, with only such exceptions as do not materially interfere with the current use made by the Company or the applicable Material Subsidiary of the rights or interest so held, and each of the proprietary interests or rights and each of the agreements, contracts, arrangements or understandings and obligations relating thereto referred to above is currently in good standing in all respects in the name of the Company or the applicable Material Subsidiary; except as disclosed in the Prospectus, the Company and the Material Subsidiaries do not have any responsibility or obligation ...
Mining Rights. The Mining Rights of the Company in respect of the Material Properties are in good standing, are valid, subsisting and enforceable, other than as set out in the Registration Statement and Prospectus, except where the invalidity of any of the applicable Mining Rights would not have a Material Adverse Effect (and provided that nothing in this Agreement shall be deemed a representation (a) that any of the Mining Rights contains a discovery of valuable minerals, (b) as to the validity of any of Mining Rights comprising unpatented millsites, or (c) that the Company or any subsidiary has established or is maintaining pedis possessio rights with respect to any of the Mining Rights), and, other than as set forth in the Registration Statement and Prospectus, are free and clear of any material Liens or charges. Other than as set out in the Registration Statement and Prospectus, no material commission, royalty, license fee or similar payment is payable in respect of any of them. No other material property rights are necessary for the conduct of the Company’s business as currently carried on as of the date hereof; and there are no material restrictions on the ability of the Company to use, transfer or otherwise exploit any such property rights. The Company is the holder of Mining Rights necessary to carry on the activities of the Company as currently conducted. Mining Rights held by the Company cover the areas required by the Company for such purposes.
Mining Rights. Each of the Loan Parties and each other Restricted Subsidiary has acquired all material Mining Rights which are required in connection with the operation of the Kensington Mine, the Rochester Mine, the Palmarejo Mine and the Wharf Mine (to the extent such mines remain owned by any Loan Party or Restricted Subsidiary), and has obtained such other surface and other rights as are necessary for access rights, water rights, plant sites, tailings disposal, waste dumps, ore dumps, abandoned heaps or ancillary facilities which may be reasonably required in connection with each such mine, other than any rights which the failure to obtain could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. All such Mining Rights and other rights with respect to the Kensington Mine, the Rochester Mine, the Palmarejo Mine and the Wharf Mine are sufficient in scope and substance for the operation of each mine owned or operated by the Loan Parties or any other Restricted Subsidiary, except as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Mining Rights. Except as disclosed in the Registration Statement and the Prospectus, the prospecting, exploration and mining rights, as applicable (the “Mining Rights”), of the Company and the Material Entities relating to the mineral properties described in the Registration Statement and the Prospectus as the Waterberg joint venture project located on the north limb of the Bushveld Igneous Complex (the “Material Properties”), are in good standing, are valid and enforceable, are free and clear of any material liens or charges and, other than as set out in the Registration Statement and the Prospectus, no material royalty is payable in respect of any of them. Except as set out in the Registration Statement and the Prospectus, no property rights other than the Mining Rights are necessary for the conduct of the Company’s or the Material Entities’ business as now conducted or proposed to be conducted in the Registration Statement and the Prospectus; and except as set out in the Registration Statement and the Prospectus, there are no material restrictions on the ability of the Company or the Material Entities to use, transfer or otherwise exploit any such rights. The Company and the Material Entities are the holders of the Mining Rights necessary to carry on the activities of the Company and the Material Entities as currently conducted. The Mining Rights held by the Company and the Material Entities cover the areas required by them for such purposes, except as disclosed in the Registration Statement and the Prospectus.
Mining Rights. The rights leased exclusively unto Zebra in Section 2.01 expressly include, without limitation, the following: (a) the right to Mine Ores and Minerals by open pit, underground, auger, borehole, drilling, combustion, in-situ solution methods, or any other method now known or hereafter developed; (b) the right to store, save, and stockpile Ores and Minerals and Products; (c) the right to mill, concentrate, refine and otherwise beneficiate Ores and Minerals; (d) the right to transport and market Ores and Minerals and Products; (e) the right to construct, use, maintain, repair, replace and relocate any and all facilities and structures on and under as may be necessary, useful or convenient in connection with Zebra's operations on the Property and/or operations on other lands owned (in whole or in part), controlled, leased or operated by Zebra, including, but not limited to: buildings, roads, railroads, shafts, inclines, tunnels, drifts, pits, tailings ponds, ▇▇▇▇▇ pads, piles of waste, earth, waste dumps, ditches, drains, pumping stations, boreholes, drill holes, tanks, dams, ▇▇▇▇▇, reservoirs, ponds or other alterations, mineral stockpiles, pipelines, telephone lines, utility lines, power lines, processing facilities, and plants, shops, and transportation facilities and other utilities, and the maintenance thereof; 5 <PAGE> (f) all rights-of-way, easements and servitudes as may be necessary, useful or convenient for the purposes set forth in (a) through (e) above, and the right of ingress and egress therefore; (g) the right to use or consume so much of the subsurface of the Property as may be found necessary, useful, convenient or incidental to carrying out the purposes of this Agreement, in accordance with the methods adopted by Zebra, such right to be carried out in Zebra's sole discretion without any requirement to leave or provide subjacent or lateral support for the overlying strata or surface or anything thereon, therein or there under; ▇▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇ hereby waiving and releasing all damages arising from all operations in and the removal of Ores and Minerals from the Property by Zebra, its successors or assigns, or arising from any and all physical conditions now present or which may hereafter develop in or about the Property; (h) the right to possess and use all or any part of the Property and any or all structures, facilities, tunnels shafts, pits, opening, ditches, roads, haulage ways and other improvements or appurtenances existing thereon or th...