Life of Mine Plan definition

Life of Mine Plan means, at any time, the most recent annual written plan (in Excel format) summarising a forecast of the construction, development, operation and maintenance of the Escobal Mine, the La Arena Mine, the Shahuindo Mine and the Timmins Mines, and shall cover a detailed mine plan and schedule for ore tonnes and grade, waste movements, treatment schedule, mineral production, capital, operating, and reclamation costs, together with reasonable estimates of cash flows and other costs and expenses (including corporate costs).
Life of Mine Plan the Mining Plan and Projected Cash Flow Statement for each Financial Year over the remaining Life of the Mine as prepared during each Financial Year together with the Annual Budget for each of the Project and Kibali;
Life of Mine Plan means, at any time, the most recent annual written plan (in Excel format) summarising a forecast of the development, operation and maintenance of (i) the Brucejack Mine, and (ii) any other mines or mining operations that may be acquired or developed by the Obligors from time to time, and shall cover a detailed mine plan and schedule for ore tonnes and grade, waste movements, treatment schedule, production of Saleable Product, capital, operating, and reclamation costs, together with reasonable estimates of cash flows and other costs and expenses (including corporate costs) with respect to each of the foregoing.

Examples of Life of Mine Plan in a sentence

  • These are sufficient to meet the future needs as defined by the Life of Mine Plan.

  • Hafeez Ullah Khan, Syed Mujtaba Shah and Mohammad Siddiq* “Stability of poly(N-isopropylacrylamide-co-acrylic acid) polymer microgels under various conditions of temperature, pH and salt concentration” Arabian Journal of Chemistry 2017, 10(3), 329-335.

  • Stockpiled ore from open pit mining will be continue to be processed, consistent with Resolute’s Life of Mine Plan and are sufficient to support more than 12 months of processing operations.

  • Based on Brucejack’s Life of Mine Plan in the ‘Pretivm Updates Brucejack mine Mineral Resource, Mineral Reserve and Life of Mine Plan’ news release dated 9 March 2020 and filed by Pretivm on SEDAR (www.sedar.com) in accordance with National Instrument NI 43-101 as required by Canadian securities regulatory authorities.

  • Each mining operation is required to have a Life of Mine Plan (LOM Plan) and create a detailed Five-Year Mine Plan.


More Definitions of Life of Mine Plan

Life of Mine Plan shall have the meaning set forth in Section 5.2.1(a).
Life of Mine Plan means the Mining Plan covering life of mine requirements described in Article IV, Section 2(a).
Life of Mine Plan means, at any time, the independent technical report summary dated 13 May 2022 prepared by Bxxxx Dxxxxxx Australia Pty Ltd in accordance with the SEC Regulation S-K technical Report Summary requirements in respect of CSA Copper Mine – New South Wales – Australia, provided to the Agent under clause 4.1 (Initial conditions precedent) as such mine plan may be amended or updated at such time in accordance with the in accordance with this Agreement.
Life of Mine Plan means, with respect to any Mine, as updated from time to time, a plan setting forth the mining operations reasonably anticipated by Coal Party in good faith to be conducted by Coal Party during the life of the Mine based upon the Coal Interests of such Coal Party, the anticipated timing thereof, and the current Coal Area of such Mine.
Life of Mine Plan means, in respect of each Material Property, the mine plan prepared relating to the period from the current time until the time when the last block of ore is mined.
Life of Mine Plan means the base case, life of mine plan and cash flow, including a financial model of the projected Production, income and expenditure of the Borrower and the Project in respect of (a) each monthly period for the period from the date of this Agreement until the end of the first calendar year of Production, (b) each calendar quarter until the end of the second calendar year of Production, and (c) annually thereafter, as amended or updated with the prior written approval of the Facility Agent, as initialled for the purposes of identification by the Borrower and delivered to the Facility Agent pursuant to paragraph 4 of schedule 2 (Conditions precedent);
Life of Mine Plan means, at any time, the most recent consolidated financial model containing annual cash flow projections (inclusive of income statement and cash flow statements for the Borrower) and, at any time with respect to any mining project, a forecast of the development (if any), operation and maintenance of each mining project, and shall: