Minerals definition

Minerals means mineral or minerals as defined in The Mines Act 1952.
Minerals means all ores, and ores and concentrates derived therefrom, of precious, base and industrial minerals, including diamonds, which may be lawfully explored for, mined and sold.
Minerals means Oil, Gas and Gas Liquids.

Examples of Minerals in a sentence

  • The Royalty payable on Precious Metals or other Minerals subject to Hedging Activities shall be determined in the same manner as provided in this Section 3 and Sections 4 and 5, with the understanding that the Precious Metals or other Minerals subject to Hedging Activities shall be deemed to be part of Monthly Production, with the Monthly Average Gold Price, Monthly Average Silver Price or Monthly Average COMEX Price, as applicable, for such month being used in the calculation of the Royalty.

  • Such First Payment and the amount of Refined Gold, Refined Silver or cash, as the case may be, shall be determined with respect to the Royalty from Minerals produced from the Property from and after the Effective Date (including with respect to Minerals extracted prior to that date).

  • For greater certainty, such increase is an adjustment to and forms part of the Royalty, which is a real property right and a covenant running with the land and applies to all Minerals produced from the Property from and after such effective time.

  • The Payors shall use all commercially reasonable efforts to ensure that all Minerals from the Property will be processed in a prompt and timely manner.

  • The Payors shall ensure that each shipment of Minerals is adequately insured in such amounts and with such coverage as is customary in the mining industry, until the time that ▇▇▇▇ of loss and damage for such Minerals is transferred to the Third Party Payor.


More Definitions of Minerals

Minerals means all minerals and mineral materials, including gold, silver, platinum and platinum group metals, base metals (including antimony, chromium, cobalt, copper, lead, manganese, mercury, nickel, molybdenum, titanium, tungsten, zinc), and other metals and mineral materials which are on, in or under the Property.
Minerals means precious and base metals and other non-living, naturally occurring substances, whether solid, liquid or gaseous, and includes coal, Petroleum and Specified Substances.
Minerals means any and all marketable metal bearing material in whatever form or state (including gold) that is mined, produced, extracted or otherwise recovered from the Mining Properties, including any such material derived from any processing or reprocessing of any tailings, waste rock or other waste products originally derived from the Mining Properties, and including ore and any other products resulting from the further milling, leaching, processing or other beneficiation of Minerals, including concentrates or doré bars.
Minerals means gold, silver, platinum, antimony, mercury, copper, lead, zinc, and all other mineral elements and mineral compounds, and geothermal resources, which are contemplated to exist on the Property or which are after the Effective Date discovered on the Property and which can be extracted, mined or processed by any method presently known or developed or invented after the Effective Date.
Minerals means naturally occurring substances obtained or obtainable from any land by mining operations carried out on or under the surface of the land, but does not include —
Minerals includes minerals processed or partly processed under this Agreement; and
Minerals means oil and gas.