Good Mining Practice means the application of those methods and practices customarily used in good and prudent International mining practice with that degree of diligence and prudence reasonably and ordinarily exercised by capable, experienced mining operators engaged in similar activity under similar circumstances and conditions;
Good Mining Practice means the exercise of that degree of skill, care, prudence, operational and financial foresight and operating practice which would reasonably and ordinarily be expected from a skilled and experienced person engaged in the same type of undertaking as the Obligors under the same or similar circumstances, with the exercise of skill, care, prudence, operational and financial foresight and operating practices to be substantially in accordance with recognised best practices in the mining industry in Australia;
Good Mining Practice has the meaning given to such term in the Royalty Agreement;
Examples of Good Mining Practice in a sentence
All tailing ponds and other facilities for the storage of waste materials created by Tectonic’s activities on the Premises shall be constructed and maintained in accordance with Good Mining Practice, using the most reasonably appropriate technology currently available that demonstrates engineering and economic feasibility and success in storing similar materials when such facilities were constructed.
More Definitions of Good Mining Practice
Good Mining Practice means those practices, methods, techniques, and standards, as changed from time to time, that are generally employed by first tier companies engaged in mining and accepted for use in the international mining industry, including with respect to the design, engineering, construction, testing, installation, operation, and maintenance of materials, equipment, earthworks, roads, buildings and other mining and related facilities and infrastructure.
Good Mining Practice means the application of those methods and practices customarily used in good and prudent International mining practice with that degree of diligence and prudence reasonably and ordinarily exercised by
Good Mining Practice means the exercise of that degree of skill, care, prudence, (operational and financial) foresight and operating practice which would reasonably and ordinarily be expected from the operator of a significant, well-established and proven nickel mine and in a manner consistent with applicable Law and industry guidelines and codes of practice. Governmental Authority means any government or any governmental authority, semi-governmental or judicial entity or authority (including, without limitation, any stock exchange or any self-regulatory organisation established under statute) of the Republic of Indonesia or any other jurisdiction which has jurisdiction over the Borrower or all or part of the Project. GPS means PT Gane Permai Sentosa, a limited liability company established and existing under the laws of the Republic of Indonesia with its registered office at Gedung Bank Panin Senayan, Xxxxxx 0, Xxx Xxxx. Sudirman Kav 1, Kel. Gelora, Kec. Tanah Abang, Kota Adm. Jakarta Pusat, Prop. DKI Jakarta. Gross Revenues means, for any period, the income or revenue received by the Borrower in respect of:
Good Mining Practice means, in relation to mining and all relevant undertakings pertaining thereto (including geoscience, metallurgy, engineering, processing, environmental management and relations with community and indigenous peoples), those policies, practices, methods and acts engaged in or approved by a person which, in the conduct of its undertaking, exercises that degree of diligence, skill, care, prudence, oversight and stewardship which would reasonably be expected to be exercised by skilled and experienced professionals in the international mining industry engaged in the same type of undertaking under the same or similar circumstances.
Good Mining Practice means, in relation to mining or metallurgy, those practices, methods and acts engaged in or approved by a person which, in the conduct of its undertaking, exercises that degree of safe and efficient practice, diligence, prudence, and foresight reasonably and ordinarily exercised by skilled and experienced operators engaged in the mining and metallurgical industry in Canada;
Good Mining Practice means the application of those methods and practices customarily used in good and prudent mining practice in North America with that degree of diligence and prudence reasonably and ordinarily exercised by capable operators engaged in similar activity under similar circumstances and conditions; “Government Official” has the meaning given in Clause 36.1.2 (Anti-Bribery Compliance); “Group” means the Company and its Subsidiary Undertakings from time-to-time and “Group Company” shall mean each one of them; “Guarantor” means each of IE Parent and Ma’aden; “I-Pulse” means I-Pulse, Inc. a corporation incorporated under the laws of Delaware, USA, with registration number 4302289, having its registered office at Corporation Service Company, 000 Xxxxxx Xxxxx Xxxxx, Xxxxxxxxxx, Xxx Xxxxxx, XX 00000, Xxxxxx Xxxxxx; “IE’s Contribution” has the meaning given in Clause 12.1.1 (Contribution by IE Mena and Ma’aden); “Implementing Regulations” means the Implementing Regulations of the Saudi Mining Investment Law issued pursuant to Ministerial Resolution No. 1006/1/1442 dated 05/09/1442H (corresponding to 17 April 2021), including any amendment, supplement, replacement or other modification thereto from time to time; “Initial Existing TyphoonTM Unit” has the meaning given in Clause 5.2.1 (Undertakings by Ivanhoe Electric); “Initial Exploration Licenses” means exploration licenses to explore for all of the metals set forth in Schedule 7 (Metals) in and on the Ma’aden Land which are held by Ma’aden as at the Effective Date; “Initial Exploration Term” has the meaning given to it in Clause 7.1.1 (Exploration Term);
Good Mining Practice means the exercise of that degree of skill, care, prudence, operational and financial foresight and operating practice which would reasonably and ordinarily be expected from a skilled and experienced person engaged in the same type of undertaking as the Obligors under the same or similar circumstances, with the exercise of skill, care, prudence, operational and financial foresight and operating practices to be substantially in accordance with recognised best practices in the mining industry in Australia. page 19