Cateos definition

Cateos means an exploration concession for mineral rights granted to an individual or company in the Republic of Argentina, as defined by the Republic of Argentina Mining Code, as amended. Cateos are measured in units of 500 hectares (5 square kilometres) and can consist of a maximum of 20 units (100 square Km). No owner can have contiguous cateos or more then 10 cateos or 200 units (1000 square kilometres) per province. A cateo allows for exploration but not exploitation of the land. Private surface owners must be compensated for damages and disturbance. Work plan and investment required. Area can be reduced at any time.
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Examples of Cateos in a sentence

  • Ltd Certain Cateos, Manifestaciones de Descubrimiento, and Concesiones Santa ▇▇▇▇ Province, Argentina Coeur Argentina, S.R.L. Other Real Property Shoshone County, Idaho Kootenai County, Idaho Coeur Mining, Inc.

  • Clelia Beatriz Barros, on a Cat▇▇ ▇▇▇▇▇▇▇ ▇▇ the mining district number 17 of the Department of Tupungato of this province, in Expediente No. 98-B-93; and FOUR: Mr. Luis Aldo Testa, on a Cateo loca▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ district number 17 of the Department of Tupungato of this province, in Expediente No. 99-T-93; all the mentioned Cateos correspond to the General Department of Mining, Argentine Republic.

Related to Cateos

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