Mineral wealth definition

Mineral wealth means natural mineral substances contained in the depths in solid, liquid or gaseous state (including ground water and therapeutic muds) fit for usage in material production, or hydrocarbons.

Examples of Mineral wealth in a sentence

  • So, they should have a business acumen and eye catching overall performances to do this plum job within a time frame of consecutive five years.This District Survey Report (DSR) will contain mainly data published and endorsed by various departments and websites about Geology of the area, Mineral wealth details of the investigated area, details of Lease and Mining activity in the District along with brick earth mining and revenue of minerals.

  • Mineral wealth, though finite and non-renewable in the long term, is a major resource for development.

  • Mineral wealth, when effectively managed, serve as the cornerstone for preserving and enhancing the standard of living for everyone on the planet and can significantly contribute to responsible development.

  • Mineral wealth accounts for most of the DR Congo’s export earnings, and includes cobalt, copper, coltan7 (used in mobile phones and laptops), cassiterite8 (used in electronics), diamonds, and gold.

  • No. Need of the project: Mineral wealth of the state Gujarat provides the employment opportunity to the people of the state.

  • Mineral wealth is protected, the ecosystem is protected, and the financial system is unaffected, and our people's quality of life is enhanced or sustained.

  • The region has scarcity of Mineral wealth of the state Himachal Pradesh provides the employment opportunity to the people of the state as well as region also.

  • Mineral wealth is one of the most important factors for the industrial development of the area.

  • This will assist the MMSD in the strengthening of the Geological Knowledge of the Nigeria’s Mineral wealth, prepare for the identification of prospective areas for mining Development and to facilitate competitiveness to attract investors.

  • Mineral wealth extraction often does inhibit development but the experience of some countries, as reviewed in section 2.1, suggests that creating linkages from the extractive sector to local economies can help to form competitive industrial clusters as a key factor for a transition to a more balanced economy.

Related to Mineral wealth

  • 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 well means any well capable of producing oil or oil and casinghead gas from a common source of supply as determined by the commission.

  • Mineral Resource means a concentration or occurrence of diamonds, natural solid inorganic material, or fossilized organic material including base and precious metals, coal, diamonds or industrial minerals in or on the earth’s crust in such form and quantity and of such grade or quality that it has reasonable prospects for economic extraction. The location, quantity, grade, geological characteristics and continuity of a mineral resource are known, estimated or interpreted from specific geological evidence and knowledge;

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

  • CBM means Capacity Benefit Margin.

  • Geothermal resources shall collectively mean the matter, substances and resources defined in subparagraph 21(a) that are not subject to this Lease but are located on adjacent land or lands in reasonable proximity thereto;

  • Mine means to carry on an operation with a view to, or for the purpose of—

  • exploration area means that part of the Area allocated to the Contractor for exploration, described in schedule 1 hereto, as the same may be reduced from time to time in accordance with this contract and the Regulations;

  • Lands means the purchase of real property or interest in real property.

  • Mineral Products means the commercial end products derived from operating the Property as a mine:

  • Oil ’ means oil of any kind or in any form, including, but not limited to, petroleum, fuel oil, sludge, oil refuse, and oil mixed with wastes other than dredged spoil;

  • 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.

  • Gas well means a well producing gas or natural gas from a common source of gas supply as determined by the commission.

  • Exploration Well means a well that is not a development well, a service well or a stratigraphic test well.

  • mineral lease means the mineral lease referred to in clause 8(1)(a) hereof and includes any renewal thereof;

  • Exploration means all activities directed toward ascertaining the existence, location, quantity, quality or commercial value of deposits of Products.

  • 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.

  • Inferred Mineral Resource means that part of a mineral resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes.

  • Coal means high-grade, medium-grade and low-grade category A and B coal within the meaning of the international codification system for coal established by the United Nations Economic Commission for Europe and clarified in the Council decision of 10 December 2010 on State aid to facilitate the closure of uncompetitive coal mines;

  • Mining means the mining, extracting, producing, handling, milling or other processing of Products.

  • Crown lands has the same meaning as is given to that term by the Land Act;

  • 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.

  • Unleased mineral owner means a royalty interest owner who owns oil and/or gas rights free of a lease or other instrument conveying all or any portion of the working interest in such rights to another. At the time of this order, the unleased mineral owners identified by Ascent include those listed on Exhibit A.

  • ore means any rock soil or alluvium bearing diamonds mined from mining leases granted pursuant to this Agreement;

  • Oil and Gas Leases means all leases, subleases, licenses or other occupancy or similar agreements (including any series of related leases with the same lessor) under which a Person leases, subleases or licenses or otherwise acquires or obtains rights to produce Hydrocarbons from real property interests.

  • Project Area means land or lands located within the incentive