Pit definition

Pit means a tract of land from which overburden has been or is being removed for the purpose of surface mining.
Pit means a tract of land, from which overburden, or coal, or commercial leonardite, or both,any combination of overburden, coal, or commercial leonardite has been or is being removed for the purpose of surface coal mining operations.
Pit means an earthen surface impoundment constructed to retain fluids and oil field wastes.

Examples of Pit in a sentence

  • For the Fekola Open Pit, Mineral Resource estimates are reported within a conceptual open pit based on a gold price of US$1,850/oz, metallurgical recovery of 93%, selling costs of US$155.26/oz including royalties and revenue-based taxes and mining funds, and operating costs of US$2.20/t mined (mining), plus a sinking rate of US$0.035 per 10 m depth, US$0.22/t mined (general and administrative) and US$14.85/t processed (processing), and US$5.88/t processed (general and administrative).

  • Town of Hayward County Hill Road Pit – Permit is desired for a five-year renewal of CUP permit #04-003 for the location of a non-metallic mineral extraction, operation, including rock crusher and a hot-mix plant.

  • Projects:• Olney Circular Walk - implemented• Whirly Pit Play Area – designs and costs being sourced• Johnsons Field Play Area – designs and costs received from MKC.

  • This will be accomplished during recl layer of run-of-mine non-limestone rock (i.e., es backfilling of the Main Pit to buttress pasterials Storage Area (WMSA) will be used as the primary ucts (unused mined material) will not be available.

  • Backfilling of the Main Pit will also include grading of approximately 6,700,000 cubic yards of non- limestone material that has been identified as the “Main Slide.” Materials originating from the Main Slide will be removed using a D10 bull dozer (See Attachment 3 for production rates).


More Definitions of Pit

Pit means a tract of land from which overburden or minerals have been or are being removed in the process of surface mining;
Pit means any natural or man-made depression in the ground used for storage of liquids.
Pit means a place where unconsolidated gravel, stone, sand, earth, clay, fill, mineral or other material is being or has been removed by means of an open excavation to supply material for construction, industrial or manufacturing purposes but does not include a wayside pit.
Pit means the performance of (i) each of the Fund Components, (ii) the Capital Protection Component or(iii) the Cash Component in the month "t". The performance of each of the Fund Components in the month "t" will be calculated according to the following formula: Pi,t = CUi,t-1 ´ MFPFi,t -1´ NAVi,t - NAVi,t -1NAVi,t-1 The performance of the Capital Protection Component in the month "t" will be calculated according to the following formula:Pi, t = CPCi,t - CPCi,t-1CPCi,t-1 The Cash Component will perform during the month t at One-Month USD LIBORt-1 if a positive cash balance applies while at One-Month USD LIBORt-1 plus a spread of up to 2% in the case of a negative cash balance.
Pit means any duly constituted opening, excavation or working of the surface or subsurface made for the purpose of removing sand or gravel, and includes any associated infrastructure, but does not include a mine or quarry;
Pit means a tract of land where open-cut mining is taking place;
Pit means the area enclosed or encircled by the arrangement of the gaming tables in which casino gambling personnel administer and supervise the live games played at the tables by patrons located outside the perimeter of the area.