Examples of Mining Concession in a sentence
EMEM 5% investment in NCCMLAlong with the issuance of the Mining Concession, Ncondezi’s local subsidiary NCCML also concluded an Addendum to Mine Framework Agreement (“MFA”) with Mozambican Ministry of Mineral Resources and Energy.
The agreement reached between BAT, its subsidiaries and Nedeel LLC, was for $50,000 in cash and a 1% royalty (which may be sold for US$1m up to the date of 730 days after the grant of a Mining Concession on either or both of the tenements).
On March 26, 2009, the Company amended its Mining Concession Transfer Agreement ("Concession Transfer Agreement") with Amazonas on its Bongara claim block in northern Peru.
This Mining Concession is in turn surrounded by an Exploration Concession, signed in 2006, covering an area of 549km2.
Exploration Licenses are adjacent to and surrounding the Mining Concession area.