Mine Closure definition
Examples of Mine Closure in a sentence
The Management Committee may, by unanimous approval of the representatives of all Participants, approve the Operator's recommendation with such changes to the Mine Closure Plan as the Management Committee deems necessary.
The Management Committee may, by unanimous approval of the representatives of all Participants, approve the Operator’s recommendation with such changes to the Mine Closure Plan as the Management Committee deems necessary.
The Operator's recommendation shall include a plan and budget (in this Article called the "Mine Closure Plan") in reasonable detail of the activities to be performed to close the Mine and reclaim the Property.
It shall be consistent with any Community Development Agreements, and prepared consistent with guidance provided by the Planning for Integrated Mine Closure Toolkit and related guidance published by the International Council on Mining and Metals.
The Management Committee may, by unanimous approval of the representatives of all Participants, approve the Manager’s recommendation with such changes to the Mine Closure Plan as the Management Committee deems necessary.
The Management Committee may, by approval of the representatives of all Participants, approve the Operator's recommendation with such changes to the Mine Closure Plan as the Management Committee deems necessary.
The Operator's recommendation shall include a plan and budget (in this article 18 called the "Mine Closure Plan"), in reasonable detail, of the activities to be performed to close the Mine and reclaim and rehabilitate the Property, as required by applicable law, regulation or contract by reason of this Agreement.
In addition, at the time of final closure of the Mines, within the Contract Period, the Mine Operator shall remove and dispose all the constructions at its own cost and expenses in terms of the final Mine Closure Plan.
In the event the Mine Operator is required to undertake a final closure of the Mines during the Contract Period, the Mine Operator shall, at its sole cost and expense, undertake all activities for final closure of the Mines and restoration of the Site in accordance with the requirements of this Agreement, the final Mine Closure Plan, the Mining Plan, Applicable Laws and Standard Industry Practice.
If such final closure of the Mines is not completed by the Mine Operator as per the Mine Closure Plan within the stipulated time period, the Authority shall have right to recover from the Mine Operator, such amount as may be necessary to complete the such mine closure including, but not limited to, through invocation and appropriation of the Performance Security.