Mineral Processing Facility definition
Examples of Mineral Processing Facility in a sentence
Notwithstanding the foregoing, the Owner shall carry out and perform all mining operations and activities pertaining to or in respect of the Mining Properties and the Mineral Processing Facility in a commercially reasonable manner, and in material compliance with all applicable laws and applicable Approvals and in a manner that is not inconsistent with sound exploration, mining, processing, engineering and environmental practices prevailing in the mining industry.
This information will be recorded by the Owners (or caused to be recorded by the Owners) daily and used to calculate the aggregate number of dry tonnes of ore processed in the Mineral Processing Facility in any calendar month (the “Total Throughput”).
If the Initial Project reaches Initial Completion and any portion of the Deposit remains unadvanced, and provided that an Independent Project Consultant certifies that the Mineral Processing Facility is capable of achieving the Final Targeted Capacity, then such portion shall be forthwith advanced to the Owners; otherwise such amount shall be advanced to the Owners once the Initial Project reaches Final Completion.
REDACTED FOR CONFIDENTIALITY] to determine the average number of tons of ore extracted from the Mine and processed through the Mineral Processing Facility [PROPRIETARY TERMS – REDACTED FOR CONFIDENTIALITY], as certified by the Independent Project Consultant.
The Feed Ratio will be determined based on lab testing, the known performance of the Mineral Processing Facility and the mine plan.
Notwithstanding the foregoing, the Supplier shall carry out and perform all mining operations and activities pertaining to or in respect of the Mining Properties and the Mineral Processing Facility in a commercially reasonable manner, and in material compliance with all applicable laws and in a manner that is not inconsistent with sound exploration, mining, processing, engineering and environmental practices prevailing in the mining industry.