Exploration Licenses definition

Exploration Licenses means the licenses, permits or rights, to conduct exploration activities within the Operating Areas granted by Government Instrumentality. "Exploration Program" means any program or plan formulated by the JVC's geologists and engineers for the exploration of an Operating Area or Operating Areas. "Exploration Unit" or "Exploration Units" means an area or areas, each 1 km2 in size, forming the basic units of an Exploration Area. "General Manager" or "Deputy General Manager" means the individual or entity appointed pursuant to Article 35 herein. "Government Instrumentality" means any state, provincial, city , municipal or local government and any department thereof, or the central bank, court, commission, bureau or board exercising any regulation, expropriation or taxing authority under or for the account of any of the foregoing. "Joint Venture Company" or "JVC" means the cooperative joint venture company established by the Parties pursuant to Chapter 4 herein. "Minerals" means all base and precious metals, industrial minerals that are discovered or are present within the Exploration Areas. "Mining" means mining, extraction, production, transportation, treatment, filtering or any other mining production process, including the processing of by-products and products refining using any method. "Mining Rights" means mining licenses and contract rights held by the JVC in the Operating Areas. "MGMR" means the Ministry of Geology and Mineral Resources of PRC. "Operating Activities" means all proprietary activities of the JVC, including feasibility studies, ore dressing, prospecting, processing, construction of processing plants or other activities in relation to mining, transportation, smelting, or other activities in relation to Minerals conducted by or on behalf of the JVC. "Operating Area" or "Operating Areas" means the area or areas, each comprising a number of Exploration Areas, defined by geological, mineral and geographic restraints, in which the JVC decides to carry out any Operating Activities pursuant to an Operating Budget and Operating Procedures. "Operating Budget" means the budget prepared by Party B for each Operating Area estimated on the basis of RMB 2,000 per km2 on average, to be submitted to the JVC for implementation. "Operating Licenses" means all Business License, Exploration Licenses, Mining Licenses, approvals, permits and registrations that the JVC may need to operate in Contract Areas and/or Operating Areas. "Operating Procedures" means th...

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Exploration Licenses mean (i) the single license to explore Szolnok Block and the Tompa Block as issued by the Hungarian Mining Authority pursuant to resolution number 1828/99 dated April 20th, 1999 and, extended by resolution no. 4432/2005/1 dated April 25th, 2005 and (ii) the Inke Exploration License. Governmental Authority: any government and/or any political subdivision thereof, including departments, courts, commissions, boards, bureaus, ministries, agencies or other instrumentalities.

Exploration Licenses means exploration license(s) obtained or to be obtained by the Project Company for the Project in accordance with this Project Contract under the provisions of the Mining Rules 2002.

Examples of Exploration Licenses in a sentence

Upon the JVC receiving its Exploration Licenses, Business License and any other required permits or approvals necessary for the commencement of operation in the Operating Areas, Party B shall input RMB800,000 to the JVC and the JVC shall pay this sum to Party A as compensation for all prior geological work performed by Party A in relation to the Operating Areas.
Party A hereby covenants and agrees to provide such assistance and support as may be requested by Party B in connection with Party B’s application for any and all such Additional Exploration Licenses free of charge, including without limitation, assistance and support in connection with Party B’s efforts to secure regulatory and other governmental approvals for engaging in the commercial exploitation, extraction and transportation of minerals and precious metals.
Further, without limiting the generality of the foregoing, the New Exploration Licenses shall provide rights for commercial exploitation and extraction of minerals and precious metals, all on terms acceptable to Party B.
Neither any governmental authority nor any other person has notified Party A, either in writing or, to the best of the knowledge of Party A, orally, that Party A (or any representatives or agents of Party A) has breached or violated any laws, regulations, certification, representation, clause, provision or requirement pertaining to the Exploration Licenses and/or any such rights, licenses or privileges.
Subject to Clauses 8.2.1 (Following Designated Project Designation), and other than in respect of the Undesignated Land, Ma’aden shall not surrender, dispose or transfer (other than to the Company or in accordance with Applicable Law) any Exploration Licenses relating to the Ma’aden Land during the Exploration Phase except with the approval of the Technical Committee.
Party A shall ensure that the Exploration Licenses is transferred to Party B within 30 calendar days after the execution of this Agreement.
To the best of the knowledge of Party A, no person is infringing upon, misappropriating or violating any of the rights or licenses granted or made available (or purported to be granted or made available) under the Exploration Licenses or with respect to the exploration of minerals or precious metals within the territory covered by the License.
Including the acquisition of the Yalgogrin Gold Field (EL 8684) subsequent to the end of the Quarter, Thomson holds 8 Exploration Licenses in NSW and one EL application all together covering 960 square kilometres.
Party A has not granted to any person (other than Party B under the terms hereunder) any rights or interest in the Exploration Licenses and/or the rights, licenses or privileges granted thereunder.
No termination or default, cure notice or show cause notice is currently in effect or has been issued or, to the best of the knowledge of Party A, is expected with respect to any of the Exploration Licenses, or the rights, licenses and/or privileges granted or made available (or to be granted and/or made available) by Party A hereunder or thereunder.

More Definitions of Exploration Licenses

Exploration Licenses means the eight off-shore exploration licenses issued by the GDPA details of which are as follows: AR/TPO-TOR-SET/3498 November 24, 1998 AR/TPO-TOR-SET/3499 November 24, 1998 AR/TPO-TOR-SET/3500 November 24, 1998 AR/TPO-TOR-SET/3501 November 24, 1998 AR/TPAO-TPAO-TOR-SET/3502 November 24, 1998 AR/TPO-TOR-SET/3503 November 24, 1998 AR/TPO-TOR-SET/3504 November 24, 1998 AR/TPO-TOR-SET/3505 November 24, 1998

Exploration Licenses means the eight off-shore exploration licenses issued by the GDPA, details of which are set forth in Exhibit 1.

Exploration Licenses means those licenses issued by the Ministry of Land and Resources or its successor government authority for Exploration Rights (as hereinafter defined) for Minerals (as hereinafter defined), and shall include those initial exploration licenses granted to Party and all licenses that may be granted in the future relating to the Property (as hereinafter defined) and the Areas of Mutual Interest;

Exploration Licenses means the licenses issued pursuant to the Mineral Resources Law of the People’s Republic of China as specified in Appendix 1 to enable the holder of such licenses to conduct venture exploration pursuant to this Contract.

Exploration Licenses means licenses, subsoil use contracts, permits or other rights issued to the Issuer, Emir Oil, or any of their respective Subsidiaries or Affiliates by the Kazakhstan Ministry or any other governmental or regulatory authority or body in the Republic of Kazakhstan authorizing or otherwise relating to the exploration of hydrocarbons.

Exploration Licenses means, collectively, the various licenses issued by any governmental authority in connection with a Petroleum Concession Agreement and pursuant to the laws of Pakistan, by virtue of which, inter alia, the holder of such exploration license is entitled to explore for and drill for Petroleum or dispose of any test production of Petroleum with the approval of the Government of Pakistan.