Mining Concession definition

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

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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 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 Exploration Company shall be responsible for payment of mining duties owing on the Mining Concession, including principal amount, late payment charges and inflationary adjustments, from January 1,2004.

• The parties shall promptly execute or cause to be executed all documents, deeds, conveyances and other instalments of further assurance which may be reasonably necessary or required by law to grant to the Assignee the exclusive right and option to purchase the Mining Concession and/or to record this Agreement at the Mines Registry office of the Federal Bureau of Mines.

• The Concessionaire is the sole legal and beneficial recorded owner of the Mining Concession.

• Goldgroup covenants to forthwith upon execution of this Agreement cause the transfer of the Additional Mining Concession to DynaMexico.

• The parties hereto agree that the SJG Property (including, without limitation, the concessions and properties identified in the Title Opinion and the Additional Mining Concession transferred to DynaMexico by Goldgroup), is to be the focus and beneficiary of the terms and provisions of this Agreement and that DynaMexico is and shall be a single-purpose entity, namely to explore, develop, operate and mine the minerals.

More Definitions of Mining Concession

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

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

Mining Concession. An exclusive Mining Concession granted pursuant to this Convention to CONTRACTOR as referred to in Law n° 64/LF/3 of 6 April, 1964.

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 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.