pdf mining lease acquisition

MINING PROPERTY ACQUISITION AND EXPLORATION AGREEMENTS

MINING PROPERTY ACQUISITION AND EXPLORATION AGREEMENTS to be a "paint by numbers" guide to the drafting of a mining agreement but rather an attempt to identify certain concepts, which, from experience, have proven to be either misunderstood or to create problems. Forconvenience ofreference, the term "acquiror" refers to a party which is acquiring an interest in a property and the term ...

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Surface Mining Lease - assets.publishing.service.gov.uk

person which is due wholly or partly to Coal- Mining Operations (whensoever carried out) or the presence of Coal (and any such occurrence or state of affairs shall be deemed for the purposes of this Lease to be due to Coal-Mining Operations unless the contrary be proved on the balance of

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MINING LEASE AGREEMENT - mof.gov.sl

Mining Lease entitled "LMC Work Plan", as amended under Section 113 (1) of the Minerals Act and as shall be further amended from time to time pursuant to Section 113 (1). “Nominated Suppliers” mean those independent, unaffiliated entities, excluding banks and financial institutions, listed in Schedule E and as amended from time to time throughout the project and supplying substantial ...

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FORM – K MODEL FORM OF MINING LEASE (See Rule 31)

the mineral concession rules, 1960 (hereinafter referred to as the said rules) for a mining lease for _____ in respect of the lands described in part I of the schedule hereunder written and has/have deposited with the State Government the sum of Rs._____ as security . and the sum of Rs. _____ for meeting the preliminary expenses for a mining lease (and where as the Central Government has ...

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(PDF) GOVERNMENT’S COMPULSORY LAND ACQUISITION

However, some of the criticism level against Act 703 during review of the mining law has been particularly section 2 where the law provides for the compulsory acquisition of land, stating “where land is required to secure the development or utilization of a mineral resource, the President may acquire the land or authorise its occupation and use under an applicable enactment for the time ...

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3. The Mining Act, 2003. - acode-u

Acquisition of exclusive rights by holder of mining lease. 82. Compensation for disturbance of rights. 83. Option for compensation by landowners. 84. Interference with passageways. 85. Access to public roads. 86. Rights in waters and wetlands. 87. Grant of water rights. Part VIII: Surrender, Cancellation and Suspe sion of Mineral Rights.n 88. Withdrawal of application for mineral right. 89 ...

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ASXX AA NNNOOUUNNCCEEMMEENNTT - Leading Platinum

measuring 27 948 hectares within Zimplats’ special mining lease area. Stakeholders have been regularly kept informed of developments on the matter through updates contained in Zimplats’ periodic reports released to the market. As stakeholders are aware, the proposed compulsory acquisition by the Government of the land within Zimplats’ special mining lease area was a matter pending in the ...

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MINING ACT - Faolex

Rights under lease. 48. Right of lessee to take timber. 49. Subterranean limits of locations and leases. 50. Subterranean leases. 51. Discovery to be reported. 52. No transfer of lease without consent. 53. Mining for mineral other than that for which lease granted. 54. Notice and payment of compensation in respect of private land. 55. Special leases. 56. Grounds for forfeiture of lease. 57 ...

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Real property valuation considerations for mining and ...

The Court indicated that a mining lease should be valued only by reference to the remaining term of the lease, rather than by reference to any additional period by which the lease may be extended (implicitly, even if such extension is likely). This requirement means that mining leases with a term less than the expected life of the mine may be of less value than anticipated, due to the ...

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MINING ACT 1992 - ACT NOW!

Acquisition of State Interests. 17. Power to enter into agreements. PART IV. ... Alluvial mining lease may be granted over land the subject of an existing exploration licence and vice versa. 60. Effect of alluvial mining lease on exploration licence and vice versa. 61. Registrar to notify holder of exploration licence of application for alluvial mining lease. 62. Holder of exploration licence ...

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Surface Mining Lease - assets.publishing.service.gov.uk

person which is due wholly or partly to Coal- Mining Operations (whensoever carried out) or the presence of Coal (and any such occurrence or state of affairs shall be deemed for the purposes of this Lease to be due to Coal-Mining Operations unless the contrary be proved on the balance of

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ACQUISITION OF NABARLEK MINING LEASE, COMPLETED

ACQUISITION OF NABARLEK MINING LEASE, COMPLETED Uranium Equities Limited (“UEQ”) is pleased to advise that acquisition of Queensland Mines Pty Ltd, owner of the Nabarlek Mining Lease (MLN 962), Northern Territory, was completed on 30th June 2008. The acquisition was settled in consideration for the payment of $96,352 for onsite plant and equipment and the replacement of a

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MINING LEASE AGREEMENT - mof.gov.sl

Mining Lease entitled "LMC Work Plan", as amended under Section 113 (1) of the Minerals Act and as shall be further amended from time to time pursuant to Section 113 (1). “Nominated Suppliers” mean those independent, unaffiliated entities, excluding banks and financial institutions, listed in Schedule E and as amended from time to time throughout the project and supplying substantial ...

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THE MINING ACT, 2003

81.Acquisition of exclusive rights by holder of mining lease. 82.Compensation for disturbance of rights. 83.Option for compensation by landowners. 5 84.Interference with passageways. 85.Access to public roads. 86.Rights in waters and wetlands. 87. Grant of water rights. PART VIII - SURRENDER, CANCELLATION ANDSUSPENSION OF MINERAL RIGHTS. 88.Withdrawal of application for mineral

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FORM – K MODEL FORM OF MINING LEASE (See Rule 31)

the mineral concession rules, 1960 (hereinafter referred to as the said rules) for a mining lease for _____ in respect of the lands described in part I of the schedule hereunder written and has/have deposited with the State Government the sum of Rs._____ as security . and the sum of Rs. _____ for meeting the preliminary expenses for a mining lease (and where as the Central Government has ...

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3. The Mining Act, 2003. - acode-u

Acquisition of exclusive rights by holder of mining lease. 82. Compensation for disturbance of rights. 83. Option for compensation by landowners. 84. Interference with passageways. 85. Access to public roads. 86. Rights in waters and wetlands. 87. Grant of water rights. Part VIII: Surrender, Cancellation and Suspe sion of Mineral Rights.n 88. Withdrawal of application for mineral right. 89 ...

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(PDF) GOVERNMENT’S COMPULSORY LAND

However, some of the criticism level against Act 703 during review of the mining law has been particularly section 2 where the law provides for the compulsory acquisition of land, stating “where land is required to secure the development or utilization of a mineral resource, the President may acquire the land or authorise its occupation and use under an applicable enactment for the time ...

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Increased Landholding at Magnetite Range ... - Legend Mining

26/08/2009  A granted Mining Lease within the project area has been acquired from Legend Mining Limited The Mining Lease is believed to contain down‐dip extensions of the magnetite mineralisation Three drilling rigs continue on site as part of a Resource drilling program Acquisition of Mining Lease Adds To Magnetite Range 26 August 2009 Increased ...

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Real property valuation considerations for mining and ...

The Court indicated that a mining lease should be valued only by reference to the remaining term of the lease, rather than by reference to any additional period by which the lease may be extended (implicitly, even if such extension is likely). This requirement means that mining leases with a term less than the expected life of the mine may be of less value than anticipated, due to the ...

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MINING ACT 1992 - ACT NOW!

Acquisition of State Interests. 17. Power to enter into agreements. PART IV. ... Alluvial mining lease may be granted over land the subject of an existing exploration licence and vice versa. 60. Effect of alluvial mining lease on exploration licence and vice versa. 61. Registrar to notify holder of exploration licence of application for alluvial mining lease. 62. Holder of exploration licence ...

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ACQUISITION OF NABARLEK MINING LEASE, COMPLETED

ACQUISITION OF NABARLEK MINING LEASE, COMPLETED Uranium Equities Limited (“UEQ”) is pleased to advise that acquisition of Queensland Mines Pty Ltd, owner of the Nabarlek Mining Lease (MLN 962), Northern Territory, was completed on 30th June 2008. The acquisition was settled in consideration for the payment of $96,352 for onsite plant and equipment and the replacement of a

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MINING LEASE AGREEMENT - mof.gov.sl

Mining Lease entitled "LMC Work Plan", as amended under Section 113 (1) of the Minerals Act and as shall be further amended from time to time pursuant to Section 113 (1). “Nominated Suppliers” mean those independent, unaffiliated entities, excluding banks and financial institutions, listed in Schedule E and as amended from time to time throughout the project and supplying substantial ...

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FORM – K MODEL FORM OF MINING LEASE (See Rule 31)

the mineral concession rules, 1960 (hereinafter referred to as the said rules) for a mining lease for _____ in respect of the lands described in part I of the schedule hereunder written and has/have deposited with the State Government the sum of Rs._____ as security . and the sum of Rs. _____ for meeting the preliminary expenses for a mining lease (and where as the Central Government has ...

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pdf Mineral digest - IBM

Acquisition) or Deputy Commissioner or Additional Deputy Commissioner of the District or Sub-Divisional Officer or Sub-Divisional Land Reforms Officer of the sub- dlvtsion. 162 21.4.1 MINING LEASE An application for obtaining a mining lease is to be made in 6 copies in the prescribed form to the State Government or an o„lcer authorised by the State Government in this behalf through the ...

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Financial reporting in the mining industry International ...

6.4 Acquisition method ..... 67 6.4.1 Identifying the acquirer and determining the acquisition date..... 67 6.4.2 Consideration transferred ..... 68 6.4.3 Contingent consideration..... 68 6.4.4 Allocation of the cost of the combination to assets and liabilities acquired..... 69 6.4.5 Undeveloped properties..... 69 6.4.6 Tax amortisation benefit .....69 6.4.7 Key questions..... 69 Contents. 6 ...

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Mining Lease Agreement between United Mines, Inc.

That certain Mining Lease Agreement made effective the day of 2002, by and between United Mines, Inc. and Sterling Mining Company. Claim Name : County Reception # BLM Serial Numbers. BC#1 : 40186 : IMC186068: BC#3 : 40187 : IMC186069 . A total of two (2) unpatented lode mining claims, also known as the BC#1 and BC#3, located in Section 15, Township 48 N, Range 3, E.B.M., Shoshone

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THE NEW MINERALS AND MINING REGULATIONS, 2011

acquisition of mineral titles, and to give effect to the Minerals and Mining Act No. 20 of 2007 (the ’Act’). Types of Licences The various types of licences under the Regulations include: • Reconnaissance Permit Reconnaissance Permit is issued for a period of 1 year and may be renewed upon satisfactory application. The grant of a Reconnaissance Permit enables the holder to carry out ...

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MINING ACT 1992 - ACT NOW!

Acquisition of State Interests. 17. Power to enter into agreements. PART IV. ... Alluvial mining lease may be granted over land the subject of an existing exploration licence and vice versa. 60. Effect of alluvial mining lease on exploration licence and vice versa. 61. Registrar to notify holder of exploration licence of application for alluvial mining lease. 62. Holder of exploration licence ...

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MINES AND MINERALS (DEVELOPMENT AND REGULATION) ACT,

mining lease mining concession or by any other name) in force immediately before the commencement of this Act in the Union territory of Goa, Daman and Diu.] 9[(1A) No person shall transport or store or cause to be transported or stored any mineral otherwise than in accordance with the provisions of this Act and the rules made thereunder.] (2) 10[No reconnaissance permit, prospecting licence or ...

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2280-Steel Mines Department

lease or mining lease or quarry lease or quarry permit after giving the holder of license or lease or permit a reasonable opportunity of being heard: Provided that the Deputy Director of Mines or Mining Officer or Tahasildar or Divisional Forest Officer having jurisdiction, may in an emergent situation or in case of irreparable loss, pass necessary orders as deemed proper in the interest of ...

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