Mineral wealth definition

Mineral wealth means natural mineral substances contained in the Subsoil in solid, liquid or gaseous state (including ground water and therapeutic muds) fit for usage in material production, or hydrocarbons.

Examples of Mineral wealth in a sentence

  • Iqaluit is the capital.❖ It’s population is ≈ 39,400, of which 84% are Inuit, meaning “the people”.❖ ≈CDN$143.2 million was spent in 2021 on mineral exploration and deposit appraisal work, with close to 90% focused on gold discoveries, with the remainder mainly on diamonds, copper, zinc and iron.❖ Mineral wealth generated revenue of ≈CDN$2.51 billion in 2021.

  • So, they should have a business acumen and eye catching overall performances to do this plum job within a time frame of consecutive five years.This District Survey Report (DSR) will contain mainly data published and endorsed by various departments and websites about Geology of the area, Mineral wealth details of the investigated area, details of Lease and Mining activity in the District along with brick earth mining and revenue of minerals.

  • Member of organizations- Technical Chamber of Greece- Hellenic association of mining and metallurgical engineers- Mineral wealth technologists- European technological platform for industrial safety Quality Control for the Minerals Industry 1.

  • Mineral wealth, though finite and non-renewable in the long term, is a major resource for development.

  • Mineral wealth as a natural asset can stimulate or enhance economic growth potential and social progress.

  • Mineral wealth and rural change in artisanal and small-scale mining communities’, Journal of International Development, 23(8): 1054–1067.Maconachie, R.

  • Mineral wealth, as a general-interest weal, shall be the state ownership and may be used under conditions and in the manner stipulated by law.

  • Mineral wealth, when effectively managed, serve as the cornerstone for preserving and enhancing the standard of living for everyone on the planet and can significantly contribute to responsible development.

  • Nadubere DW Africa’s First World War: Mineral wealth, conflicts and wars in the Great Lakes Region (1985) at 79-80; also see Greenhalgh P West African diamonds 1919-1983: An economic history (1985) at 12; see also Goredema C „Diamonds and other precious stones in armed conflicts and law enforcement co-operation in Southern Africa‟ (2002) May Institute for Security Studies ISS Paper 57.

  • Mineral Resource Department is the custodian of Fiji’s Mineral wealth under the Mining Act (Cap 146).

Related to Mineral wealth

  • Mineral means gas, oil, and coal; other gaseous, liquid, and solid hydrocarbons; oil shale; cement material; sand and gravel; road material; building stone; chemical raw material; gemstone; fissionable and nonfissionable ores; colloidal and other clays; steam and other geothermal resources; and any other substance defined as a mineral by a law of this state.

  • Oil well means any well capable of producing oil or oil and casinghead gas from a common source of supply as determined by the commission.

  • Mineral Resource means a concentration or occurrence of natural, solid, inorganic or fossilized organic material in or on the Earth’s crust in such form and quantity and of such a grade or quality that it has reasonable prospects for economic extraction. The location, quantity, grade, geological characteristics and continuity of a mineral resource are known, estimated or interpreted from specific geological evidence and knowledge.

  • Minerals means any and all ores (and concentrates derived therefrom) and minerals, precious and base, metallic and nonmetallic, in, on or under the Property which may lawfully be explored for, mined and sold.

  • CBM means Capacity Benefit Margin.

  • Geothermal resources shall collectively mean the matter, substances and resources defined in subparagraph 21(a) that are not subject to this Lease but are located on adjacent land or lands in reasonable proximity thereto;

  • Mine means to carry on an operation with a view to, or for the purpose of—

  • exploration area means that part of the Area allocated to the Contractor for exploration, described in schedule 1 hereto, as the same may be reduced from time to time in accordance with this contract and the Regulations;

  • Lands means the purchase of real property or interest in real property.

  • Mineral Products means the commercial end products derived from operating the Property as a mine:

  • Oil means petroleum in any form including crude oil, fuel oil, sludge, oil refuse and refined products (other than petrochemicals which are subject to the provisions of Annex II of the present Convention) and, without limiting the generality of the foregoing, includes the substances listed in Appendix I to this Annex.

  • Oil and gas means petroleum, natural gas and other related hydrocarbons or minerals or any of them and all other substances produced or extracted in association therewith.

  • Gas well means a well producing gas or natural gas from a common source of gas supply as determined by the commission.

  • Exploration Well means a well that is not a development well, a service well or a stratigraphic test well.

  • mineral lease means the mineral lease referred to in clause 8(1)(a) hereof and includes any renewal thereof;

  • Exploration means all activities directed toward ascertaining the existence, location, quantity, quality or commercial value of deposits of Products.

  • Other Minerals means sulphur, lignite, coal, uranium, thorium, iron, geothermal steam, water, carbon dioxide, helium and all other minerals, ores or substances of value whether or not generally produced from a wellbore in conjunction with the production of oil and gas.

  • Inferred Mineral Resource means that part of a mineral resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes.

  • Coal means non-coking as well as coking coal, produced domestically and categorized into different classes, grades and sizes, as per the notification/order issued for such purpose by Government of India(GoI)/CIL/ Seller; and shall where the context so requires, include Imported Coal.

  • Mining means the mining, extracting, producing, handling, milling or other processing of Products.

  • Crown lands has the same meaning as is given to that term by the Land Act;

  • Oil and Gas Interests means: (a) direct and indirect interests in and rights with respect to oil, gas, mineral and related properties and assets of any kind and nature, direct or indirect, including, without limitation, working, royalty and overriding royalty interests, mineral interests, leasehold interests, production payments, operating rights, net profits interests, other non-working interests, contractual interests, non-operating interests and rights in any pooled, unitized or communitized acreage by virtue of such interest being a part thereof; (b) interests in and rights with respect to Hydrocarbons and other minerals or revenues therefrom and contracts and agreements in connection therewith and claims and rights thereto (including oil and gas leases, operating agreements, unitization, communitization and pooling agreements and orders, division orders, transfer orders, mineral deeds, royalty deeds, oil and gas sales, exchange and processing contracts and agreements and, in each case, interests thereunder), and surface interests, fee interests, reversionary interests, reservations and concessions related to any of the foregoing; (c) easements, rights-of-way, licenses, permits, leases, and other interests associated with, appurtenant to, or necessary for the operation of any of the foregoing; (d) interests in oil, gas, water, disposal and injection xxxxx, equipment and machinery (including well equipment and machinery), oil and gas production, gathering, transmission, compression, treating, processing and storage facilities (including tanks, tank batteries, pipelines and gathering systems), pumps, water plants, electric plants, gasoline and gas processing plants, refineries and other tangible or intangible, movable or immovable, real or personal property and fixtures located on, associated with, appurtenant to, or necessary for the operation of any of the foregoing; and (e) all seismic, geological, geophysical and engineering records, data, information, maps, licenses and interpretations.

  • ore means any rock soil or alluvium bearing diamonds mined from mining leases granted pursuant to this Agreement;

  • Oil and Gas Leases means all leases, subleases, licenses or other occupancy or similar agreements (including any series of related leases with the same lessor) under which a Person leases, subleases or licenses or otherwise acquires or obtains rights to produce Hydrocarbons from real property interests.

  • Project Area means THE AREA WHERE WORK IS BEING PERFORMED FOR THE CITY OF SUFFOLK, VIRGINIA.