Mining Lease definition
Examples of Mining Lease in a sentence
Subject to the provisions of Clause 25 and this Clause this Agreement shall expire on the expiration or sooner determination or surrender of the Mining Lease.
The Joint Venturers shall pay to the State in respect of all minerals mined or produced by the Joint Venturers from the Mining Lease and used, sold, transferred or otherwise disposed of by them royalties at the rates from time to time prescribed under or pursuant to the provisions of the Mining Act.
On the expiration or sooner determination of any mining lease granted pursuant to Clause 21B hereof the land the subject of that mining lease shall thereupon be deemed to be part of the land in the Mining Lease and shall be subject to the terms and conditions of the Mining Lease and this Agreement (other than Clause 21B hereof).
Subject to the provisions of this Clause the Company shall have the right during the currency of this Agreement to extract in addition to coal but in conjunction with and as part of its coal mining operations minerals other than bauxite from the minesites within the Mining Lease.
A memorandum of any such mortgages shall be endorsed on the Coal Mining Lease in the order in which they appeared registered against any such surrendered lease at the time of its surrender and shall be noted in the appropriate registers of the Department of Mines by the Principal Registrar who shall also endorse on the original and duplicate copies of such mortgages the fact of their having been registered as an encumbrance against the Coal Mining Lease.