PROGRAMME OF MINING AND METAL TREATMENT OPERATIONS AND OBLIGATIONS TO DEVELOP. Subject to the provisions of applicable legislation (as excepted and modified by this Agreement) and except as specifically provided in the Large Scale Mining Licences, this Agreement and the agreements referred to in this Agreement, KCM shall be free to operate in and manage the Mining Areas and the Facilities. KCM shall, following the issue of the Large Scale Mining Licences and, subject to the terms of the Act, regulations made thereunder, the Large Scale Mining Licences and this Agreement, implement the Approved Programme of Mining and Metal Treatment Operations (including the associated production schedules) in accordance with the timetable contained therein and Good Mining, Metal Treatment and Environmental Practices. KCM shall use reasonable endeavours to ensure that Vedanta or VRHL discharges the Shortfall Funding Commitment and provides or, as the case may be, procures financing for the Konkola Ore Body Extension Project, in each case, substantially in the manner, on the terms and in the amounts set out in the Shareholders' Agreement. Subject in all cases to the provisions of this Agreement, GRZ hereby acknowledges its agreement to the Scheduled Programmes and the compliance of the Scheduled Programmes with all the relevant requirements of the Act (including without limitation Section 24(3) of the Act) and the Large Scale Mining Licences and further acknowledges, without limitation, that compliance with the Scheduled Programmes will be deemed to constitute compliance with Section 27 of the Act. KCM undertakes to GRZ to undertake the Konkola Ore Body Extension Feasibility Study, such Konkola Ore Body Extension Feasibility Study to be delivered to GRZ (for information purposes only) no later than 31 December 2006. In the event KCM determines to proceed with the further development of the Konkola Ore Body as contemplated by the Konkola Ore Body Extension Feasibility Study, it shall, prior to commencing development, first apply to GRZ to do so in accordance with Clause 0 below. An application further to develop the Konkola Ore Body shall be made in accordance with Section 24(3) of the Act and shall include or be accompanied by:
