Examples of Mining Concessions in a sentence
The Grantor shall have the right to commingle ore, concentrates, minerals and other material mined and removed from the Mining Concessions from which Products are to be produced, with ore, concentrates, minerals and other material mined and removed from other lands and Property; provided, however, that the Grantor shall calculate from representative samples the average grade thereof and other measures as are appropriate, and shall weigh (or calculate by volume) the material before commingling.
The parties shall promptly execute or cause to be executed all documents, deeds, conveyances and other instalments of further assurance which may be reasonably necessary or required by law to grant to the Assignee the exclusive right and option to purchase the Mining Concessions and/or to record this Agreement at the Mines Registry office of the Federal Bureau of Mines.
During the Option Period, the Exploration Company shall maintain the Mining Concessions in good standing, including without limitation, making all required payments for mining duties and filing of assessment reports as provided under applicable Mexican law.
In addition to the mining law, the Organic Constitutional Law on Mining Concessions (1982) and the Mining Code of 1983 are the two key mechanisms governing mining activities in Chile.
By Sale and Purchase of Mining Concessions Agreement dated September 8, 2003, Minera Monterde acquired title to the El Coronel concessions, subject to reconveyance in the event of a failure to make the remaining purchase payments, the last of which, US$383,000 was paid on August 14, 2006.