Mining Concession definition

Mining Concession means a concession to search for, explore and/or exploit oil and gas issued by the Applicable Polish Licensing Authority.

Mining Concession means a mining concession granted under the Portuguese Colonial Mining Laws, 1906 (Decree of 20th September, 1906);

Mining Concession means each of the mineral licenses, mining leases, mill licenses, surface rights, surface leases, Rights of Way and licenses or permits to occupy held by any Loan Party in respect of the Project.

Examples of Mining Concession in a sentence

• The agreement reached between BAT, its subsidiaries and Nedeel LLC, was for $50,000 in cash and a 1% royalty (which may be sold for US$1m up to the date of 730 days after the grant of a Mining Concession on either or both of the tenements).

• EMEM 5% investment in NCCMLAlong with the issuance of the Mining Concession, Ncondezi’s local subsidiary NCCML also concluded an Addendum to Mine Framework Agreement (“MFA”) with Mozambican Ministry of Mineral Resources and Energy.

• In December 2019 and January 2020 respectively Rio Tinto through its subsidiary Mutamba Mineral Sands, S.A was granted with Mining Concessions for the Dongane/Ravene deposit – 9229C for a period of 25 years and with a Mining Concession for the Jangamo deposit – 9229C for a period of 25 years.

• On March 26, 2009, the Company amended its Mining Concession Transfer Agreement ("Concession Transfer Agreement") with Amazonas on its Bongara claim block in northern Peru.

• This Mining Concession is in turn surrounded by an Exploration Concession, signed in 2006, covering an area of 549km2.

More Definitions of Mining Concession

Mining Concession means each of the titulos de concesion listed on Schedule 1.01(a).

Mining Concession means the Decree No. 338/PGRM, dated December 10, 1987, (as amended by (a) Decree No. 96-048/PM-RM, dated 14 February, 1996, transferring to Societe des Mines de Loulo SA the exploitation permit formerly granted to the "Ministere du Developpement Industriel et du Tourisme" and to the "Bureau de Recherches Geologiques et Minieres" in favour of the Societe des Mines de Loulo (SOMILO), (b) Decree No. 99-193/PM-RM, dated 15 July, 1999, modifying Decree No. 96-048/PM-RM, dated 14 February, 1996, and (c) Decree No. 99-323/PM-RM, dated 7 October, 1999, rectifying Decree No. 99-193/PM-RM, dated 15 July, 1999 modifying Decree No. 96-048/PM-RM, dated 14 February, 1996) granted in connection with the Loulo Project by the Office of the Prime Minister of Mali.

Mining Concession means any License or any lease covered by or under the Act.

Mining Concession means the mining concession granted to ProjectCo by decree no. D2010/024/PRG/CNDD/SGG, dated 19 March 2010, following the Basic Agreement.

Mining Concession means the mining exploitation concession no. 191486, mining lot “San Francisco” located in the Municipality of Guazaparez, Chihuahua, and any concessions or other interests into which such concession may have been converted, this Agreement means this agreement, as from time to time supplemented or amended by the parties, San Francisco Option Agreement means the Exploration and Option to Purchased Agreement notarially ratified in the City of Chihuahua, Chihuahua on June 25, 2004 between the Assignor (acting as the Exploration Company) and MINERA RACHASA, SA de CV (acting as the Concessionaire), in the presence of XXXXXXX XXXXX XXXXXXX, notary public no. 7 in and for the Judicial District Morelos State of Chihuahua, whereby the Concessionaire granted to the Assignor the exploration and exclusive right and option to purchase an undivided 100% interest in and to the Mining Concession for a term of sixty months from the date of signing thereof; a copy of the San Francisco Option Agreement is attached as Schedule A hereto and made part hereof, NSR Royalty means the 0.5% net smelter return royalty to be paid to the Assignor from sale of minerals extracted from the Mining Concession pursuant to Clause 6 and Schedule B of this Agreement , Royalty of the Concessionaire means the 2% net smelter return royalty to be paid to the Concessionaire from sale of minerals extracted from the Mining Concession pursuant to Clause 4 of the San Francisco Option Agreement.

Mining Concession means Exploitation Permit No. 99/217/PM-RM granted in connection with the Morila Project by the Office of the Prime Minister of Mali on 4 August, 1999.

Mining Concession mean any mining exploration concession, claim, lease, permit or other right to explore for, exploit, develop, mine or produce minerals or any interest therein which a Person owns or has a right or option to acquire or use.