Mining Property definition

Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

Mining Property. ’ means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);(Amended by s1 of Act 29 of 2014)

Mining Property means a property used for mining operations as defined by the Mineral and Petroleum Resources Development Act, No.28 of 2002, as amended;

Examples of Mining Property in a sentence

• For purposes of recognition and measurement of an impairment loss, a long-lived asset is grouped with other assets at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets.Purchase Options for Mining Property Costs associated with acquisitions related to purchase options for mining properties are capitalized when the costs are incurred in accordance with ASC 340.10.

• Give notice to the Lender as soon as it becomes aware of the commencement of any action, litigation, proceeding, arbitration, investigation, grievance or dispute affecting any Credit Party, any Mining Property, any Material Contract or any Affairs of a Credit Party, together with copies of the court filings or other documents associated therewith.

• The Group has announced a discovery on Gosha Mining Property in February 2011 and submitted the development programme to the Government according to the PSA requirements, which was approved in 2012.

• Coal Mining Property Rights Coal mining property rights comprise the total acquisition costs of concession rights in coal mining including both coal mining exploration and development expenditures.

• At such time as commercial feasibility is established, project finance has been raised, appropriate permits are in place and a development decision is reached, the costs associated with that property will be transferred to and re-categorised as Projects in Construction and upon commercial production being achieved, re-categorised as Mining Property.

More Definitions of Mining Property

Mining Property has the meaning set forth in Recital A.

Mining Property. Means property on which an operation or activity of extracting minerals is conducted and includes any operation or activity incidental thereto.

Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act 28 of 2002;

Mining Property means a property used for mining operations.;

Mining Property as defined in the Freeport Royalty Agreement is made up of: (i) the lands subject to the Xxxxxx Lease; and (ii) the lands subject to the 2018 UNR Lease. The Net Smelter Return Royalty is due and payable to Royal Gold.

Mining Property means a property that is used for mining operations as defined in the Mineral and Petroleum Resources Development Act (Act 28 of 2002).

Mining Property means any (a) mine, (b) facility for processing material from a mine or (c) property containing reserves of minerals (other than (i) any such mine or facility principally used in connection with the production of oil or gas and (ii) any such property whose reserves consist principally of oil or gas), in each case owned or leased by the Company or any Subsidiary and located within Canada or the United States of America, other than (x) any such mine, facility or property which, in the opinion of the Board of Directors, is not of material importance to the total business conducted by the Company and its Subsidiaries as an entirety or (y) any portion of any such mine, facility or property which is similarly found not to be of material importance to the use or operation thereof.