Mining Licenses definition

Mining Licenses means, collectively, the mineral concessions, mining claims and mining leases which are material to the conduct of mining activities contemplated from time to time by the Mine Plan, a complete and accurate inventory of which is set forth in the Perfection Certificates, as updated from time to time pursuant to Section 11.1(b).

Mining Licenses means, collectively, the mineral concessions, mining claims and mining leases which are material to the Mine and the Mining Operations and contemplated from time to time by the Financial Model, as set forth in the Disclosure Certificate as updated from time to time pursuant to Section 11.1(b).

Mining Licenses means mining licenses 6709A, 6708A and 6710A issued under the Minerals Law of Mongolia, the mining licences referred to in Clause 15.7.8, and other tenure incorporated under Clause 15.5 (and any renewals, extensions, substitutions or replacements thereof).

Examples of Mining Licenses in a sentence

• The Mining Licenses grant the holders thereof the exclusive right to extract minerals from the areas covered by the Mining Licenses in accordance with the respective terms and conditions thereof and applicable thereto.

• The Mining Licenses have been validly granted and recorded in the name of, and are owned by the applicable Specified Entity and are in full force and effect, except as provided in the Disclosure Certificate.

• On March 2, 2021, SGS received a notice from the Mongolian governmental authority that the Soumber Mining Licenses have been reinstated effective as of March 2, 2021.

• Except as disclosed in Schedule M and other than any de minimis taxes and fines which do not in the aggregate exceed $100,000, all fees, including without limitation maintenance fees, and other payments due to any Official Body in respect of the Mining Licenses have been paid in full on a timely basis.

• Except as disclosed in Schedule M, the Borrower has no knowledge of any royalty or similar agreements pursuant to which the holders of the Mining Licenses or any other party are obligated to pay to any Person any amount with respect to each of the Mining Licenses other than as set forth therein.

• The 1998 Mining Act most importantly introduced specific titles for Tanzanian small-scale miners, namely Primary Mining Licenses (PMLs).

• The Mining Licenses have been validly granted and recorded in the name of, and are owned by the applicable subsidiary of the Borrower set forth in Schedule M and are in full force and effect, except as provided in Schedule M.

• Except as disclosed in Schedule M, no fees, royalties or other payments payable to any Person other than Official Bodies are or shall become due with respect to any of the Mining Licenses other than as set forth therein.

• In Tanzania, Gold Rim acquired Primary Mining Licenses (“PML”) from a group of local land owners in an area located about six kilometers from Barrick’s Bulyanhulu Mine, which is in the heart of Victoria Gold Fields District.

• The Mining Licenses have been validly granted and recorded in the name of, and are owned by the applicable Subsidiary of Equinox and are in full force and effect, except as provided in the Perfection Certificates or Title Opinions.

More Definitions of Mining Licenses

Mining Licenses means the mining and quarrying licenses in respect of the Mine referred to in Schedule 8 and included in Schedule 11;

Mining Licenses means any Licences required under Applicable Laws for purposes of constructing and/or operating the Mine and/or selling and/or exporting of gold and gold credits;

Mining Licenses means, collectively, the mineral concessions relating to the Guanacevi mine project and Guanajuato mine project as disclosed on Schedule M and all other mineral concessions, licenses and claims of each other Obligor which relate to a Project.

Mining Licenses means all rights to conduct Mining for Minerals within the Cooperation Area granted by the Permit Issuing Authority.

Mining Licenses means the mining and quarrying licenses in respect of the Mine referred to in Schedule 8; "Ministry" means the Ministry of Commerce and Industry of the Kingdom;

Mining Licenses means certain licenses to engage in mining exploration related to the Xxxx Xxxx portion of the Marmato project, Colombia.