Burnstone Project definition

Burnstone Project means that project in the Witwatersrand Basin in South Africa, including all licences, permits and assets (real, chattel and chattel-real) associated therewith;
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Examples of Burnstone Project in a sentence

  • Great Basin is a mineral exploration and development company that is currently focused on delivering two advanced stage projects: the Hollister Project (“Hollister”) on the Carlin Trend in Nevada, USA and the Burnstone Project (“Burnstone”) in the Witwatersrand Goldfields in South Africa.

  • The Burnstone Project has received all of the required permits to complete the development of the mine and commence full-scale underground mining.

  • Tranter thereby acquired a qualifying indirect interest in the Burnstone Gold Project as required under South Africa’s broad-based black economic empowerment act.Under the framework agreement, Gold Fields Limited (“Gold Fields”) and its subsidiary GFL agreed to sell to the Company the net smelter royalty (“NSR”) held by GFL on future gold production from the Burnstone Project (described in (iv)) for ZAR80 million, which extinguished the Company’s obligation in respect of the NSR.

  • The Company is a mineral exploration and development company that is currently focused on delivering two advanced stage projects: the Hollister Project on the Carlin Trend in Nevada, USA and the Burnstone Project in the Witwatersrand Goldfields in South Africa.

  • One of the objectives of the Previous Tranter Agreement was to ensure fulfillment by the Company of the BEE ownership requirements in relation to the Burnstone Project under South Africa’s new mineral tenure legislation, which require participation by BEE entities (such as Tranter) in mineral projects as a condition of ongoing security of mineral tenure.

  • Great Basin Gold Ltd., including its subsidiaries (“Great Basin” or “the Company”), is a mineral exploration and development company with two operating assets, both in the production build-up phase, the Hollister Project on the Carlin Trend in Nevada, USA and the Burnstone Project in the Witwatersrand Goldfields in South Africa.

  • Burnstone Property Granting of the New Order Mining Right by the Department of Minerals and Energy (“DME”) on October 28, 2008 to the Company’s wholly owned subsidiary, Southgold Exploration (Pty) Ltd (“Southgold”), authorizing Southgold to mine for gold, silver and aggregate in the Burnstone Project area.

  • The full 51 MVA, as agreed between Eskom and Great Basin, will be supplied as soon as the construction of the Switching Station as well as the refurbishment of the two lines from Grootvlei Power Station has been completed.The electrical installation at the Burnstone Project was designed to comply with Eskom energy efficiency specifications as set out in the ‘Generic Energy Efficiency Specification’.

  • The primary analytical facility for the Burnstone Project from 2003-2005 was the Johannesburg laboratory of SGS Lakefield Research Africa (Pty) Limited (“Lakefield”).

  • The Kimberley Reef in the Burnstone Project Area of the South Rand Basin is an upward fining, auriferous, quartz pebble conglomerate deposited within a braided plain environment.

Related to Burnstone Project

  • Development Project means a project for the development of land within a

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • The Project means supply, installation, testing and commissioning, integration of computer hardware and services with support under Warranty and annual maintenance contract, if required for the contract period.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Redevelopment project means any work or undertaking

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Infrastructure project means any construction or acquisition of treatment works,

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;

  • Project Improvements means site improvements and facilities that are:

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • Pilot project means an innovative environmental project that covers one or more designated facilities, designed and implemented in the form of an EMSA. (See Section 52.3 of the Act.)

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • Commercial project means any project, including, but not

  • Development Area means that area to which a development plan is applicable.

  • Research Project means a discrete scientific endeavor to answer a research question or a set of research questions related to medical marijuana and is required for a medical marijuana research license.

  • Project Area means THE AREA WHERE WORK IS BEING PERFORMED FOR THE CITY OF SUFFOLK, VIRGINIA.

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Project Water means water made available for delivery to the contractors by project conservation facilities and the transportation facilities included in the System.