Examples of Mining Contract in a sentence
In the event of a material delay in commissioning at Segilola, the Group has mitigating actions available to minimize the impact of the delay including liquidated damages that are payable under the EPC contract (US$1.6m per month), DSU insurance which covers the full interest chargeable under the Secured Senior Debt Facility (US$0.5m per month), and triggering a suspension of mining under the terms of the Mining Contract.
Exploration and Exploitation Mining Contract and Promise of Transfer of Mining Rights subscribed between Xxxxxx Xxxxx Xxxxxxx and American Copper Mining, S.
Potential indicators of a change in functional currency for SROL were the commencement of the Mining Contract at Segilola and commencement of gold sales from Segilola, both denominated in US Dollars.
During the period the Group operated in gold & precious metal mining which had a separate operational segment from July 2017 after the Company concluded its second Manica Alluvial Mining Contract.
Contractor: It refers to the company with which the Ministry of Mines, Industry and Energy has signed a Mining Contract.