Mining Costs definition

Mining Costs which means all costs related to mining, milling, concentrating and recovering metals from the Property and reclamation, rehabilitation and monitoring costs;
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Mining Costs which shall mean costs and expenses, other than Leaching Costs, incurred in accordance with generally accepted accounting principles consistently applied in the U.S. mining industry from time to time by Tectonic in exploring for, developing, mining, extracting, removing, and transporting to the Mill (as hereafter defined), Mineral Products produced from the Premises. Such costs and expenses shall include, without limitation, those incurred for labor, machinery operation, fuel, explosives and other materials, exploration, developmental or ore delineation drilling, and a reasonable allowance for future costs anticipated to be incurred by Tectonic in reclamation in accordance with applicable laws and any applicable agreements binding the Premises. Mining Costs shall not include any charge for depreciation, depletion, overhead for general and administrative charges, income taxes, or royalties paid by Tectonic to Xxxxx or any third party.
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Mining Costs means costs and expenses in the period incurred in respect of exploring for, developing, mining, extracting, removing, and transporting to any processing site Minerals. Such costs and expenses shall include, without limitation, those incurred for labor, machinery operations, fuel, explosives and other materials, developmental or ore delineation drilling;
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Examples of Mining Costs in a sentence

  • The LoMP Cash Mining Costs Per Tonne profile (excluding Selling, General & Administrative Expenses (“SG&A”) and transport costs) as follows: − Approximately EUR 66 per tonne in 2014-2017 (until the Paskov Mine closes) and averages EUR 63 per tonne thereafter to 2023.

  • It is expected that Mining Costs per Tonne Sold in FY22 will range between $69.0 - $71.0 per tonne.

  • Present the full slate of nominees for election to the congregation immediately following the Board of Overseers meeting, one month prior to the annual meeting.

  • Mining Costs For this study, two mining contractors responded to a market enquiry to review previously supplied contract rates and provide current pricing for contract mining services.

  • The estimates were reviewed by the authors of the MCSA Mining Complex Technical Report who have found the estimation procedures and outcomes to be in-line with industry best practice and well correlated to the performance of the existing operations.1.12.2 Financial Analysis, Deepening Inferred Project Copper ContainedtonnesTable 1-17: After-tax Cash Flow Summary – Deepening Inferred Project Assumptions 2020 12021 CapexTotal Capex000 R$ Operating Costs Mining Costs (incl.

  • The movements in the major components of operating costs (mining, milling and site support), including capitalized stripping but before changes in inventory, is explained below: Mining Costs, including capitalized stripping (Second Quarter 2018 compared to Second Quarter 2017): Mining costs, including capitalized stripping, totaled $53.6 million in the second quarter of 2018, which was $5.3 million higher than the comparative quarter in 2017.

  • The Company expects December quarter Average Mining Costs Per Tonne Sold to be lower than the YTD run-rate as production plans improve.

  • Bitcoin Gross Mining Costs below US$7,000 per Bitcoin As of Jan 1, 2021, almost all of our daily Bitcoin production has been added to our balance sheet in a Bitcoin retention pilot program.

  • Table 6 LOM Mining Costs LOM Mining Costs$M$/t Mined$/t OreC1 $/lbProportion %Drill & Blast21.80.160.390.068.1Load & Haul157.11.152.780.4158.1Grade Control13.10.100.230.034.9ROM Rehandle4.90.040.090.011.8Labour10.80.080.190.034.0Mining Other5.60.040.100.012.1Contractor Fixed Fee56.80.421.000.1521.0Total Mining Costs270.21.984.770.71100.0 The LOM processing costs are shown in Table 7.

  • The underground mining costs are summarised as follows: Table 6-5: Underground Mining Costs Item It is assumed ore is hauled 1.0 km from the portal to the ROM and the cost of load and haul for waste development is included in the cost per development metre.


More Definitions of Mining Costs

Mining Costs means Operating Costs and Capital Costs actually incurred by Contractor for the purposes of the Mining Operations and properly debited to the Mining Operations Account in accordance with the Accounting Procedure.
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Mining Costs means costs and expenses accrued or incurred in accordance with generally accepted accounting principles by Minera Chanate or Buyer after Commencement of Commercial Production (as defined below) in exploring for, developing, mining, extracting, removing, and transporting to the Mill (as hereinafter defined) or other processing site, including heap leaching sites, ores or minerals produced from the Property. Such costs and expenses shall include, without limitation, those incurred for labor (including salaries, wages, costs and benefits), machinery operation, fuel, explosives and other materials, exploration drilling, developmental or ore delineation drilling, depreciation and amortization of mining equipment and machinery acquired (or altered or modified) after Commencement of Commercial Production, and a reasonable allowance for future costs anticipated to be incurred by Minera Chanate or Buyer in reclaiming the Property in accordance with applicable laws, regulations and agreements. Mining Costs shall not include depletion or income taxes.
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Mining Costs means costs and expenses in the period incurred in respect of exploring for, developing, mining, extracting, removing, and transporting to any processing site Minerals. Such costs and expenses shall include, without limitation, those incurred for labor, machinery operations, fuel, explosives and other materials, developmental or ore delineation drilling; ii. “Milling and Processing Costs” shall mean costs and expenses incurred in respect of: (x) milling, treating or processing and transportation costs, all costs, charges and expenses for treatment in the smelting and refining process (including handling, processing, deductions, tolling charges); and (y) sales and brokerage costs, and actual costs of transportation (including insurance, storage, warehousing, port demurrage, delay and forwarding expenses) of Minerals or other products from the Properties to the place of treatment and then to the place of sale, without duplication; iii. “General and Administrative Costs” shall mean costs and expenses incurred in respect of the Properties during the calendar year and the production of ores and Minerals therefrom; iv. “Royalties” means all royalties or production royalties or royalties of any nature incurred in respect of the Properties (other than the FCF Payments pursuant to the FCF Royalty) or other payments of any nature whatsoever payable to third parties having an interest in the Properties and includes payments to any Indigenous Group pursuant to any impact benefit, participation or other similar agreement; and v. “Selling and Delivery Costs” shall mean costs and expenses incurred in respect of the production of Minerals from Properties during the calendar year in or in connection with the marketing of Minerals and the delivery of such Minerals to points of ultimate delivery to customers, including without limitation, all shipping and delivery costs, agency fees, and storage charges, without duplication. For greater certainty, in the event of any Unapproved Additional Capital Projects, the exclusion of operating costs and expenses from Unapproved Additional Capital Projects for purposes of the calculation of Mining Costs, Milling and Processing Costs, General and Administrative Costs, Royalties and Selling and Delivery Costs for purposes of the calculation of Free Cash Flow shall be allocated on a proportionate basis and in accordance with generally accepted practices in the mining industry, and in a manner mutually satisfactory to the Owner and the Hold...
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Mining Costs means production costs incurred in mining.
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Mining Costs shall include costs incurred or accrued for all other activities not otherwise covered above, including activities conducted after mining operations have ceased.
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Mining Costs which shall mean costs and the expenses incurred by the LESSEE after Commencement of Commercial Production (Commencement of Commercial Production means the date the obligation to pay a royalty commences in accordance with Article 7 (a) of the Lease) in exploring for, mining, extracting, removing and transporting to the Mill (as hereinafter defined) Valuable Minerals produced from the leased premises. Such costs and expenses shall include, without limitation, those incurred for labor, machinery operation, fuel, explosives and other materials, exploration drilling, developmental or ore delineation drilling, allowance for depreciation and amortization of mining equipment and machinery, reclamation and remediation.
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Related to Mining Costs

  • Training costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Exploration Costs means costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects that may contain oil and gas reserves, including costs of drilling exploratory wells and exploratory type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property and after acquiring the property. Exploration costs, which include applicable operating costs of support equipment and facilities and other costs of exploration activities, are:

  • Leasing Costs means, with respect to a particular Lease, all capital costs, expenses incurred for capital improvements, equipment, painting, decorating, partitioning and other items to satisfy the initial construction obligations of the landlord under such Lease (including any expenses incurred for architectural or engineering services in respect of the foregoing), “tenant allowances” in lieu of or as reimbursements for the foregoing items, payments made for purposes of satisfying or terminating the obligations of the tenant under such Lease to the landlord under another lease (i.e., lease buyout costs), relocation costs, temporary leasing costs, leasing commissions, brokerage commissions, legal, design and other professional fees and costs, in each case, to the extent the landlord is responsible for the payment of such cost or expense under the relevant Lease or any other agreement relating to such Lease.

  • Production Costs means those costs and expenditures incurred in carrying out Production Operations as classified and defined in Section 2 of the Accounting Procedure and allowed to be recovered in terms of Section 3 thereof.

  • Project Expenses means usual and customary operating and financial costs. The term does not include extraordinary capital expenses, development fees and other non-operating expenses.

  • Operating Expenses shall include all costs to the Lessor of operating and maintaining the Premises, and shall include, without limitation, real estate and personal property taxes and assessments, management fee(s), heating, air conditioning, HVAC, electricity, water, waste disposal, sewage, operating materials and supplies, service agreements and charges, lawn care, snow removal, restriping, repairs, repaving, cleaning and custodial, security, insurance, the cost of contesting the validity or applicability of any governmental acts which may affect operating expenses, and all other direct operating costs of operating and maintaining the Premises and related parking areas, unless expressly excluded from operating expenses.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Development Charges or “DC” shall mean the amount charged by the Company from the Applicant(s) towards carrying out the developmental works inside or around the Project, including but not limited to the payment of the following:

  • Direct Expenses means “Operating Expenses” and “Tax Expenses.”

  • Housing costs means the compensation or fees paid or charged, usually periodically, for the use of any property. land, buildings, or equipment. For purposes of this chapter, housing costs include the basic rent charge and any periodic or monthly fees for other services paid to the landlord by the tenant, but do not include utility charges that are based on usage and that the tenant has agreed in the rental agreement to pay, unless the obligation to pay those charges is itself a change in the terms of the rental agreement.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Controllable Operating Expenses means all Operating Expenses except property taxes and assessments, capital expenditures that are reasonably required, costs for repairs and maintenance (excluding preventative maintenance), utility charges, insurance charges, costs of services provided under a union contract, payments under covenants, conditions and restrictions or to an owners’ association and costs associated with repairs due to casualty, vandalism or other cause outside of Landlord’s reasonable control.