Mining Charge definition

Mining Charge means an amount of 80% (eighty percent) of the Mining Charge as calculated in accordance with sub-clauses (i) and (ii) above.
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Mining Charge means the rate payable by NALCO for excavation, processing and delivery of Bauxite (including excavation of OB and waste and also including all other activities in the scope of work of the MDO, as given in Annexure 11 hereof);
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Mining Charge shall have the meaning set forth in clause 1.34.
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Examples of Mining Charge in a sentence

  • Provided that, the Mobilisation Advance shall be recovered with interest over a period of not more than 5 (five) consecutive Accounting Years from COD and each instalment for recovery of Mobilisation Advance shall be equal to or less than 10% (ten per cent) of the Mining Charge, then payable.] 26 To be retained in cases where a mobilization advance is being provided by the Authority.

  • Less than 50% (a) 10% of Mining Charge multiplied by 10% of the Annual Production Programme (being the difference between 90% and 80% of the Annual Production Programme); (b) 20% of Mining Charge multiplied by 10% of the Annual Production Programme (being the difference between 80% and 70% of the Annual Production Programme); and (c) 30% of Mining Charge multiplied by 20% of the Annual Production Programme (being the difference between 70% and 50% of the Annual Production Programme).

  • It is hereby clarified that no re-handling charge is payable by the Authority to the Mine Operator for re-handling of the Undelivered Coal and the cost of such re- handling of the Undelivered Coal shall be deemed to be included in the Mining Charge.

  • Any recoveries and payments, required to be made in accordance with this Article 25, shall be made on a monthly basis and adjusted in the Mining Charge payable to the Mine Operator.

  • Adjusted Base Mining Charge for Stripping Ratio (MCn) = MC ([0.2] + [0.8]11 x (1/Sg+SRn)/ (1/Sg +SRo)) Where: MCn = Adjusted Base Mining Charge for n-th Accounting Year.

  • MC = Mining Charge quoted (for Notional Stripping Ratio of [….]) SRn = Actual Stripping Ratio for the n-th Accounting Year.

  • After approval of the Mining Plan and preparation of Detailed Project Report, if it is assessed by the Mine Operator that the Project is not viable for the Mine Operator with the Mining Charge to be received, the Mine Operator may terminate the Agreement without forfeiture of the Performance Security and additional performance guarantee, if any, deposited with the Authority.

  • Less than 70% (a) 10% of Mining Charge multiplied by 10% of the Annual Production Programme (being the difference between 90% and 80% of the Annual Production Programme); (b) 20% of Mining Charge multiplied by 10% of the Annual Production Programme (being the difference between 80% and 70% of the Annual Production Programme); and (c) 30% of Mining Charge multiplied by the difference between Actual Production and 70% of the Annual Production Programme.

  • The Authority shall pay to the Contractor only the Mining Charge per Tonne of coal Delivered by the Contractor at the Delivery Point(s) in accordance with the provisions of this Contract (the "Mining Charge").

  • Mining Charge shall be adjusted quarterly for increase and decrease in rate and prices of items mentioned hereunder in accordance with the following principles and proceedings as per formula given in this clause.

Related to Mining Charge