Exploitation Permit definition

Exploitation Permit. Administrative Title for hydrocarbons, granted for a 20 years period renewable, for the purpose of exercising production activities.
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Exploitation Permit the exploitation permits (“Permis d’Exploitation”) entitling Kibali to exploit and mine for Metals in, on and under the Area as set out in Annex 3 to the Kibali JVA;
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Exploitation Permit upon granting of the permit: USD 250.000 per concession; • Renewal of the Exploitation of Permit: upon renewal of the permit: USD125.000 per concession; • Bonus of production: upon production of the first Barrel: USD1.000.000; • Bonus of production of the tenth millionth Barrel: at production of the tenth millionth Barrel: USD5.000.000.
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Examples of Exploitation Permit in a sentence

  • At Balogo, an Exploitation Permit was granted to Netiana Mining Company on January 23, 2017 and is valid for four years with five-year renewal periods afterwards.

  • The holder of a Tailings Exploitation Permit is entitled to compensation if the right of way over the Perimeter of the Holder of an Exploitation Permit or Small-scale Mining Exploitation Permit causes him grave damage which translates into an additional burden on his mining activity.

  • The Company received notification in January 2018 that the Minister of Energy and Mines ("MEM") of the Dominican Republic has approved GoldQuest's Exploitation Permit Application.

  • In 2002 the laws changed and the developer now requires environmental approval prior to receiving an Exploitation Permit.

  • The Youga Exploitation Permit covers an area of 29 km2 and was granted to Burkina Mining Company S.A. (“BMC”) on April 8, 2003 and is valid for twenty years with five-year renewal periods afterwards.

  • After receipt of the Exploitation Permit the Company will be required to complete an Environment Assessment and receive an Environmental License from the Ministry of Environment prior to the start of construction activities.

  • The Application has been sent to the President for ratification, which is required prior to receiving the final Exploitation Permit.

  • The Exploitation Permit would give the Company the rights to the property for 75 years, with a Tax Stability Agreement that freezes the tax treatment for the project for a minimum of 25 years which is protected under the current Mining Law.

  • The Adumbi base camp within the Imbo exploitation permit area is located at latitude 1º 43' 58.76" N and longitude 27º 52' 4.01" E or 596,522 m E and 191,570 m N (WGS 84 UTM Zone 35N) (see Figure 1.1).The Imbo Project covers Exploitation Permit Number 9691, has a total area of 122 km2 and encompasses the known gold mineral deposits of Adumbi, Kitenge and Manzako and several prospects including Canal, Bagbaie, Adumbi West, Amuango, Monde Arabe, Vatican and Imbo East.

  • The Youga Exploitation Permit covers an area of 29 km2 and was granted to Burkina Mining Company S.A. (“BMC”) on April 8, 2003 and is valid for twenty years with five-year renewal periods thereafter.

Related to Exploitation Permit

  • Occupation Permit means a temporary or permanent occupation permit issued by the Building Authority in relation to the Development or any part thereof;

  • Construction permit is defined in Section 4.

  • PAL permit means the construction permit issued by the Department that establishes a Plantwide Applicability Limitation (PAL) for a major stationary source.

  • Title V Permit means an operating permit under Title V of the Act.

  • Development Permit means a document authorizing a development issued pursuant to this Land Use Bylaw;

  • Operating Permit means a permit issued pursuant to section 10 of this local law. The term “Operating Permit” shall also include an Operating Permit which is renewed, amended or extended pursuant to any provision of this local law.

  • General permit means a Permit which covers multiple dischargers of a point source category within a designated geographical area, in lieu of individual Permits being issued to each discharger.

  • Planning Permission means any permission, consent or approval given under the Planning Acts;

  • Generation Licence means an electricity generation licence granted or treated as granted pursuant to section 6(1)(a) of the EA 1989 that authorises a person to generate electricity;

  • Single event permit means a permit issued in accordance with Chapter 9, Part 3, Single Event Permit.

  • Final permit means the version of a permit issued by the Department that has completed all review procedures required by Chapter 14, and for a Class I permit, Chapter 13.

  • WPDES permit means the Wisconsin pollutant dis- charge elimination system permit issued by the department under ch. 283, Stats., for the discharge of pollutants.

  • Non-permitted Foreign Holder As defined in Section 3.03(f).

  • Applicable Permit means the Kansas Water Pollution Control and National Pollution Discharge Elimination System Stormwater Runoff from Construction Activities General Permit or a project specific stormwater permit issued to KDOT.

  • Non-Permitted Holder The meaning specified in Section 2.11(b).

  • FCC License means a License issued or granted by the FCC.

  • Temporary Occupation Permit means a Temporary Occupation Permit issued under the Building Control Act (Cap. 29);

  • NPDES Permit means any permit or equivalent document or requirements issued by the Administrator, or, where appropriated by the Director, after enactment of the Federal Clean Water Act to regulate the discharge of pollutants pursuant to Section 402 of the Federal Act.

  • Individual permit means a permit issued to a named permittee under section 22a-430 of the General Statutes.

  • Licensed IP Rights means, collectively, the Licensed Patent Rights and the Licensed Know-How Rights.

  • Title V operating permit means a permit issued under Chapter 3745-77 of the Administrative Code.

  • Restricted Geographic Area is defined as all countries, territories, parishes, municipalities and states in which Company is doing business or is selling its products at the time of termination of Employee’s employment with Company, including but not limited to every parish and municipality in the state of Louisiana. Employee acknowledges that this geographic scope is reasonable given Employee's position with Company, the international scope of Company's business; and the fact that Employee could compete with Company from anywhere Company does business.

  • Parking Permit means a season ticket, contract permit, business permit, staff permit, disabled badge or resident’s permit of a type and design issued by the Council;

  • Company IP Rights means all Intellectual Property owned, licensed, or controlled by the Company or its Subsidiaries that is necessary for or used in the operation of the business of the Company and its Subsidiaries as presently conducted.

  • Pre-Existing Intellectual Property Rights means any Intellectual Property Rights vested in or licensed to the Client or the Contractor prior to or independently of the performance by the Client of the Contractor of their obligations under this Contract.

  • Site License means for each product, the term “Site License” shall mean the license established upon acquisition of the applicable number of copies of such product and payment of the applicable license fees as set forth in the Statement of Work.