Mineral Assets definition

Mineral Assets means all (i) mineral and mineral rights, including, without limitation, all oil, coal, gas and coalbed methane, (ii) as-extracted collateral and (iii) leases, subleases, licenses, mineral or other agreements of a similar kind that permit the extraction or taking of any gas, oil, coal, water or other minerals from the real property in return for payment of any fee, rent or royalty.
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Mineral Assets has the meaning ascribed to it in recital "A hereinabove; the particulars of such Assets being set forth in Schedule "A" which is attached hereto;
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Mineral Assets means the Mineral Rights, the Mineral Exploration Data and the Miscellaneous Interests of Talos and the Subsidiaries, as further described in Schedule "A" hereto;
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Examples of Mineral Assets in a sentence

  • The proposals were later incorporated into IFRS 6 Exploration for and Evaluation of Mineral Assets, which was published on 9th December 2004, to take effect from 1 January 2005 (International Accounting Standards Board, 2004c).

  • The interim financial statements of Alliance Mineral Assets Limited (“the Company” or “Alliance”) was authorised for issue in accordance with a resolution of the directors on 14 August 2018.

  • On 3 July 2018, the Company announced the incorporation of a new wholly owned subsidiary, Alliance Mineral Assets Exploration Pty Ltd for the purpose of holding tenements that are not part of the Bald Hill Joint Venture.

  • Valuations of Mineral Assets are inherently risky in terms of the confidence of the inputs and forecasts.

  • Independence in such circumstances means that, other than professional fees and disbursements received in connection with the Mineral Asset Valuation concerned, the CV has no pecuniary or beneficial (present or contingent) interest in any of the Mineral Assets being valued, nor has any association with the Commissioning Entity or any holder of any rights in Mineral Assets that are the subject of the valuation that is likely to create an apprehension of bias.

  • Management have in accordance with AASB 6: Exploration and Evaluation of Mineral Assets, performed a review of impairment indicators on the investment in associate which included the review of the rights to tenure and future planned expenditure.During the earn in period contributed expenditure incurred is deemed to be capitalised exploration and evaluation expenditure, as opposed to contributions towards the associate.

  • Management have in accordance with AASB 6: Exploration and Evaluation of Mineral Assets, performed a review of impairment indicators on the investment in associate which included the review of the rights to tenure and future planned expenditure.During the earn in period, all contributed expenditure incurred has been deemed to be exploration and evaluation expenditure, as opposed to contributions towards the associate.

  • For clarity, evaluation is distinct from valuation.The underlying reason for having a Code for the valuation of Mineral Assets is to provide consistency and minimum standards, as well as guidance, for Mineral Asset Valuation professionals.

  • They are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors many of which are beyond the control of Tawana Resources NL and/or Alliance Mineral Assets Limited.

  • In administrative terms these southern provinces belong to the Turkestan Province and Kyzlorda Province and the deposits themselves are confined to the northern or southern limb of the Karatau Rise (Figure 2-3).The Mineral Assets are generally accessible via a well-developed railway and tarred road network with the last sections of access normally comprise as dirt roads.


More Definitions of Mineral Assets

Mineral Assets means all property including but not limited to real property, intellectual property, mining and exploration tenements held or acquired in connection with the exploration, the development of and the production from those tenements together with all plant, equipment and infrastructure owned or acquired for the development, extraction and processing of minerals in connection with those tenements. Most Mineral Assets can be classified as either Exploration AreasD13, Advanced Exploration AreasD14, Pre-Development ProjectsD14, Development ProjectsD15 or Operating MinesD28.
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Mineral Assets has the meaning ascribed to it in Section 4.1(y) of the Concentric Disclosure Schedule;
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Mineral Assets means all of Asset Companies’ right, title, and interest in and to the following assets, other than Excluded Assets:
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Related to Mineral Assets

  • General Assets shall have the meaning given it in Section 3.6(a) hereof;

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Initial Assets The Assets identified on Schedule I hereto.

  • Mineral means gas, oil, and coal; other gaseous, liquid, and solid hydrocarbons; oil shale; cement material; sand and gravel; road material; building stone; chemical raw material; gemstone; fissionable and nonfissionable ores; colloidal and other clays; steam and other geothermal resources; and any other substance defined as a mineral by a law of this state.

  • Oil and Gas Interests means: (a) direct and indirect interests in and rights with respect to oil, gas, mineral and related properties and assets of any kind and nature, direct or indirect, including, without limitation, working, royalty and overriding royalty interests, mineral interests, leasehold interests, production payments, operating rights, net profits interests, other non-working interests, contractual interests, non-operating interests and rights in any pooled, unitized or communitized acreage by virtue of such interest being a part thereof; (b) interests in and rights with respect to Hydrocarbons and other minerals or revenues therefrom and contracts and agreements in connection therewith and claims and rights thereto (including oil and gas leases, operating agreements, unitization, communitization and pooling agreements and orders, division orders, transfer orders, mineral deeds, royalty deeds, oil and gas sales, exchange and processing contracts and agreements and, in each case, interests thereunder), and surface interests, fee interests, reversionary interests, reservations and concessions related to any of the foregoing; (c) easements, rights-of-way, licenses, permits, leases, and other interests associated with, appurtenant to, or necessary for the operation of any of the foregoing; (d) interests in oil, gas, water, disposal and injection xxxxx, equipment and machinery (including well equipment and machinery), oil and gas production, gathering, transmission, compression, treating, processing and storage facilities (including tanks, tank batteries, pipelines and gathering systems), pumps, water plants, electric plants, gasoline and gas processing plants, refineries and other tangible or intangible, movable or immovable, real or personal property and fixtures located on, associated with, appurtenant to, or necessary for the operation of any of the foregoing; and (e) all seismic, geological, geophysical and engineering records, data, information, maps, licenses and interpretations.

  • Minerals means any and all ores (and concentrates derived therefrom) and minerals, precious and base, metallic and non-metallic, in, on or under the Property which may lawfully be explored for, mined and sold.

  • 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);

  • Mineral Interests means rights, estates, titles, and interests in and to oil and gas leases and any oil and gas interests, royalty and overriding royalty interest, production payment, net profits interests, oil and gas fee interests, and other rights therein, including, without limitation, any reversionary or carried interests relating to the foregoing, together with rights, titles, and interests created by or arising under the terms of any unitization, communization, and pooling agreements or arrangements, and all properties, rights and interests covered thereby, whether arising by contract, by order, or by operation of Laws, which now or hereafter include all or any part of the foregoing.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Other Minerals means sulphur, lignite, coal, uranium, thorium, iron, geothermal steam, water, carbon dioxide, helium and all other minerals, ores or substances of value whether or not generally produced from a wellbore in conjunction with the production of oil and gas.

  • Production equipment (1 7 9) means tooling, templates, jigs, mandrels, moulds, dies, fixtures, alignment mechanisms, test equipment, other machinery and components therefor, limited to those specially designed or modified for "development" or for one or more phases of "production".

  • Additional Assets means (i) any property or assets (other than Indebtedness and Capital Stock) in a Related Business; (ii) the Capital Stock of a Person that becomes a Restricted Subsidiary as a result of the acquisition of such Capital Stock by the Company or another Restricted Subsidiary or (iii) Capital Stock constituting a minority interest in any Person that at such time is a Restricted Subsidiary; provided, however, that any such Restricted Subsidiary described in clauses (ii) or (iii) above is primarily engaged in a Related Business.

  • Mineral proceeds means amounts payable for the extraction, production, or sale of minerals, or upon the abandonment of those payments, all payments that become payable thereafter. “Mineral proceeds” includes amounts payable as follows:

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Field emission equipment means equipment which uses an x-ray tube in which electron emission from the cathode is due solely to the action of an electric field.

  • Leaseholds of any Person means all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Physical Assets means equity securities, debt securities, fixed income securities and units in exchanged traded funds.

  • Farm winery means an establishment (i) located on a farm in the Commonwealth with a producing

  • Plant and Equipment means permanent plant, equipment, machinery, apparatus, articles and things of all kinds to be provided and incorporated in the Facilities by the Contractor under the Contract (including the spare parts to be supplied by the Contractor under GCC Sub-Clause 3.3 hereof), but does not include Contractor’s Equipment.

  • Oil and gas means petroleum, natural gas and other related hydrocarbons or minerals or any of them and all other substances produced or extracted in association therewith.

  • Hydrocarbon Interests means all rights, titles, interests and estates now or hereafter acquired in and to oil and gas leases, oil, gas and mineral leases, or other liquid or gaseous hydrocarbon leases, mineral fee interests, overriding royalty and royalty interests, net profit interests and production payment interests, including any reserved or residual interests of whatever nature.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • Oil means petroleum in any form including crude oil, fuel oil, sludge, oil refuse and refined products (other than petrochemicals which are subject to the provisions of Annex II of the present Convention) and, without limiting the generality of the foregoing, includes the substances listed in Appendix I to this Annex.

  • Personal Property shall have the meaning set forth in the granting clause of the Mortgage.