Underground mine definition

Underground mine means a mine where the coal lays at a sufficient depth below the earth’s surface that is not practical for a surface mine. Also known as a “deep” or “drift” mine. An underground mine’s coal is typically removed mechanically and transferred by shuttle car and/or conveyor to a surface location.

Underground mine means the below-surface mine workings within which ore and waste rock are removed.

Underground mine means subterranean workings for the purpose of obtaining a desired material or materials.

Examples of Underground mine in a sentence

• Following signing of the Oyu Tolgoi Underground Mine Development and Financing Plan (Underground Plan) in May 2015 and the signing of a $4.4 billion project finance facility in December 2015, Oyu Tolgoi received formal notice to proceed approval by the boards of Turquoise Hill, Rio Tinto and Oyu Tolgoi LLC in May 2016, which was the final requirement for the re-start of underground development.

• After signing the Underground Mine Development and Financing Plan on May 18, 2015, the management services payment to Rio Tinto is calculated as 1.5% applied to underground development capital costs, and 3% applied to operating costs and capital related to current operations.

• Following signing of the Oyu Tolgoi Underground Mine Development and Financing Plan (Underground Plan) in May 2015 and the signing of a $4.4 billion project finance facility in December 2015, Oyu Tolgoi received the formal notice to proceed approval by the boards of Turquoise Hill, Rio Tinto and Oyu Tolgoi LLC in May 2016, which was the final requirement for the re-start of underground development.

• The Company is of the opinion that Oyu Tolgoi has now paid all taxes and charges required under the 2009 Oyu Tolgoi Investment Agreement (“Investment Agreement”), the Amended and Restated Shareholders’ Agreement (“ARSHA”), the Underground Mine Development and Financing Plan and Mongolian law.

• Approval followed the signing of the Oyu Tolgoi Underground Mine Development and Financing Plan (Underground Plan) in May 2015 and the signing of a $4.4 billion project finance facility in December 2015.

More Definitions of Underground mine

Underground mine means a mine that is not a surface mine and includes any work, undertaking or facility used in connection therewith; (“mine souterraine”)

Underground mine means any subterranean excavation for minerals or ores having a roof of undisturbed rock (as opposed to open-pit excavations).

Underground mine means an area where minerals are extracted from beneath the surface of the ground by means of an adit, shaft, tunnel, de- cline, portal, bore hole, drill hole for solution mining, or such other means of access beneath the surface of the ground, other than a pit.

Underground mine means the Xxxx Xxxxx and Eastern Deeps mines located within the Properties.

Underground mine means the Prestea underground mining operation; and

Underground mine means the surface effects associated with the shafts, slopes, lifts or inclines connected with excavations penetrating seams or strata of minerals, and the equipment connected therewith which contribute to the mining, preparation or handling of ores or minerals.

Underground mine means a mine other than a surface mine.