Loulo definition
Examples of Loulo in a sentence
Disbursements of the "B" Loan shall be made by RRL from time to time for the credit to the account of the Company or Societe des Mines de Loulo as nominated, up to the maximum "B" loan amount, as set out in clause 2.2.
Loulo Project The September quarter saw the site continue construction operations through the height of the rainy season.
The Borrower shall apply the proceeds of the Loans for general corporate purposes (including, in the case of the initial Loans, for the repayment of indebtedness outstanding under the Loulo Loan Agreement).
The Borrower has acquired all Project Assets and all Mining Rights, and has obtained such other surface and other rights as are necessary on the date the representation contained in this Clause is made or repeated from time to time for access rights, water rights, plant sites, tailings disposal, waste dumps, ore dumps, abandoned heaps or ancillary facilities which are required in connection with the development of the Loulo Project substantially in accordance with the Development Plan.
The terms of and policies of insurance required to be maintained pursuant to Clause 10.14 (including as to amount, risks covered and deductibles) shall be reasonably satisfactory to the Facility Agent and the Facility Agent shall have received a schedule (as amended from time to time pursuant to Clause 10.14, the "INSURANCE SUMMARY") detailing all policies of insurance maintained in connection with the Loulo Project as at the initial Borrowing Date and the coverage effected thereby.
The New Barrick Group will, on completion of the Merger, have the following advantages: Ownership of five of the world’s top ten Tier One Gold Assets by total cash cost,1 with two potential Tier One Gold Assets under development or expansion: o Tier One Gold Assets: ▇▇▇▇▇▇, Goldstrike, Kibali (45%), Loulo- Gounkoto (80%) and Pueblo Viejo (60%); o Potential to become Tier One Gold Assets: Goldrush/Fourmile and Turquoise Ridge (75%).
At Loulo, the decision to drill deeper at Yalea paid off with the delineation of high grade ore (+10g/t) and the identification of ore shoots with no surface expression.
Drilling has commenced at Loulo to complete the underground feasibility studies at Yalea and Loulo 0.
The lessons learned are now being applied to other gold bearing structures within the Loulo permit which have seen little or no drilling.
There are no material licence agreements granting any other person rights in any patented process or the right to use technical or secret know-how that are required for the consummation of the Loulo Project or the operation of the Mine.