Common use of Work Obligation Clause in Contracts

Work Obligation. The Company shall continuously operate in the Lease Area in accordance with good mining practices until such time as the reserves or deposits may be exhausted or the mine can no longer be economically worked or until this Agreement expires, whichever shall be sooner.

Appears in 7 contracts

Samples: Investment Agreement, Revised Investment Agreement (Newmont Mining Corp /De/), Investment Agreement (Newmont Mining Corp /De/)

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Work Obligation. The Company Company” shall continuously operate in the Lease Area in accordance with good mining practices until such time as the reserves or deposits may be exhausted or the mine can no longer be economically worked or until this Agreement expires, whichever shall be sooner.

Appears in 2 contracts

Samples: Lease (Xtra-Gold Resources Corp), Lease (Xtra-Gold Resources Corp)

Work Obligation. The Company shall continuously operate in the Lease Area in accordance with applicable laws and regulations and consistent with good mining practices until such time as the reserves or deposits may be exhausted or the mine Mine can no longer be economically worked or until this Agreement expires, whichever shall be sooner.

Appears in 1 contract

Samples: Mining Lease Agreement

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Work Obligation. The Company shall continuously operate in In the Lease Area in accordance with good mining practices until such time as the reserves or deposits may be exhausted or the mine can no longer be economically worked or until this Agreement expires, whichever shall be sooner.

Appears in 1 contract

Samples: Mining Lease (Golden Star Resources LTD)

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