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

• 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.

• Each Credit Party shall preserve and defend its ownership of and all right, title and interest in its assets, properties and rights, including each Mining Property, as such title is represented and warranted in Section 7.1(j).

• The Credit Parties shall use commercially reasonable efforts to explore, investigate, develop, mine, operate and use each Mining Property in accordance with Prudent Mining Industry Practices.

• The Pisgah Mining Property lies near the south end of the Mojave Desert.

• Any sale or lease of the Other Mining Property in violation of the terms of this Agreement shall be null and void.

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.;

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 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.

Mining Property has the meaning specified in Section 4.25(b).

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).