Examples of Mining Assets in a sentence
According to the JV Agreement, YTPAH and BMT severally owned 50% interests of the Mining Assets.
The Company also evaluates the carrying value of acquired mineral property rights in accordance with ASC Topic 930-360-35-1, Mining Assets: Impairment and Business Combinations, using the Value Beyond Proven and Probable (VBPP) method.
Each of YTPAH and BMT is entitled to 50% of the output from the operation of the Mining Assets and is responsible for 50% of the expenses incurred.
Impairment Loss on Mining Assets Los Santos mine During fiscal 2019, the Company completed the mining of the remaining ore and commenced reprocessing the tailings inventory.
The closure of the Deer Creek Mine includes four major elements: (1) the permanent closure of the Deer Creek Mine; (2) withdrawal from the United Mine Workers of America 1974 Pension Trust; (3) the sale of certain assets including the Mining Assets; and (4) the execution of a replacement CSA for the Huntington generating plant.