Open pit mine definition

Open pit mine means an excavation made at the surface of the ground for the purpose of extracting minerals, inorganic and organic, from their natural deposits, which excavation is open to the surface.
Sample 1Sample 2Sample 3
Open pit mine means an excavation worked from the surface and open to daylight.
Sample 1Sample 2Sample 3
Open pit mine means a mine that is worked from the exposed surface and includes a strip mine, quarry, gravel pit, sand pit and clay pit;
Sample 1Sample 2

Examples of Open pit mine in a sentence

  • It completed resource drilling and exploration drilling activities at K.Hill and Otse in September 2018 and has released an updated feasibility study for these prospects in Q2 2021.Giyani Metals plans to have the following facilities at its K.Hill project: • Open pit mine – The traditional truck and shovel mining method will be used at the open pit mine.

  • Average Mill Feed Grade (LOM)0.25% CuLOM17 yearsProduction Rate60,000 st/dMetallurgical Copper Recovery86%Metallurgical Silver Recovery70%Initial Capital Costs$513 MOperating Costs$7.77 /stCopper Price$3.15 /lbSilver Price$18.00 /ozPre-Tax IRR16.4%Pre-tax NPV (8%)$237 MPre-tax Payback4.8 yearsPost-tax IRR14.6%Post-tax NPV (8%)$179 M(Dollars in USD)TSX.V:USCU FRA:C73 • Open pit mine with conventional flotation concentration over 17 years.

  • Open pit mine design is carried out using industry standard software based on an algorithm developed by Lerchs and Grossmann13 in 1965.

  • Products: Calcined copper, copper concentrates Gabriela MistralType of mine: Open pit mine Operating: since 2008Location: Calama, II Región de Antofagasta.

  • Resulting in an increase in the mining cost from $81.99/t milled to$94.10/t milled.• Open pit mine operating costs were sourced from the RFP and an increase in rates has been applied to these derived from the Australian Bureau of Statistics indices data relative to the open pit mining works.• Operating costs for the processing plant were estimated by GRES to a feasibility study level of accuracy.

  • The members of a multidisciplinary community services team are expressly authorized to orally disclose personally identifying information to one another which is otherwise required by law to be confidential.

  • Chile.Products: electro-obtained copper cathodes and copper concentrate Ministro HalesType of mine: Open pit mine Operating: since 2014Location: Calama, II Región de Antofagasta.

  • Open pit mine grades to the heap leach were lower than the expected long term average as mining in the Plaza de Gallos pit followed lower grade areas and the pit layout generally was adjusted to wider benches to optimize future mining productivity.

  • Open pit mine production schedule was developed for each of the pit by Virimai for the operation of the Buckreef Gold Project.

  • Subject to §37, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation.


More Definitions of Open pit mine

Open pit mine means an excavation made at the surface of the ground for the purpose of extracting
Sample 1
Open pit mine means a mine worked by removal of over-lying strata and subsequent excavation of exposed coal in terrain that is not flat or substantially flat;
Sample 1
Open pit mine means a mine that is entirely on surface. Also referred to as open-cut or open-cast mine;
Sample 1

Related to Open pit mine

  • Open Position means a Long Position or a Short Position which is not a Completed Transaction.

  • Open burning means the combustion of any material without the following characteristics:

  • Open Positions means aggregate risk disclosure, arising from buy or sell of financial instruments in accordance with Client instructions pending for subsequent counter-transaction to close/settle such market trades/disclosures.

  • Open Period means the period beginning on and including the Trading Day immediately following the Effective Date and ending on the earlier to occur of (i) the date which is thirty-six (36) months from the Effective Date; or (ii) termination of the Agreement in accordance with Section 8.

  • Open dump means a site on which any solid waste is placed, discharged, deposited, injected,

  • Probable Mineral Reserve means the economically mineable part of an indicated and, in some circumstances, a measured mineral resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified;

  • Indicated Mineral Resource means that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics, can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough for geological and grade continuity to be reasonably assumed.

  • Unleased mineral owner means a royalty interest owner who owns oil and/or gas rights free of a lease or other instrument conveying all or any portion of the working interest in such rights to another. At the time of this order, the unleased mineral owners identified by Ascent include those listed on Exhibit A.

  • Proven Mineral Reserve means that economically mineable part of a measured mineral resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified;

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per

  • Open Fire means any fire wherein the products of combustion are emitted into the open air and are not directed thereto through a stack or chimney.

  • Hydric soil means a soil that formed under conditions of saturation, flooding, or ponding long enough during the growing season to develop anaerobic conditions in the upper part.

  • Petroleum liquids means crude oil, condensate, and any finished or intermediate products manufactured or extracted in a petroleum refinery.

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • CO2 means carbon dioxide.

  • Fertilizer means any substance or mixture of substances that contains one or more recognized plant nutrients and promotes plant growth, or controls soil acidity or alkalinity, or provides other soil enrichment, or provides other corrective measures to the soil.

  • Broad-Based Black Economic Empower-ment Act means the Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • Drip line means an area encircling the base of a tree, the minimum extent of which is delineated by a vertical line extending from the outer limit of a tree's branch tips down to the ground.

  • LNG means liquefied natural gas.

  • Palletized unit load means a MIL-STD-129 defined quantity of items, packed or unpacked, arranged on a pallet in a specified manner and secured, strapped, or fastened on the pallet so that the whole palletized load is handled as a single unit. A palletized or skidded load is not considered to be a shipping container. A loaded 463L System pallet is not considered to be a palletized unit load. Refer to the Defense Transportation Regulation, DoD 4500.9-R, Part II, Chapter 203, for marking of 463L System pallets.

  • Open video system means an open video system authorized pursuant to 47 U.S.C. § 573 and, for

  • oil tanker means a ship constructed or adapted primarily to carry oil in bulk in its cargo spaces and includes combination carriers and any “chemical tanker” as defined in Annex II of the present Convention when it is carrying a cargo or part cargo of oil in bulk.

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • Fuel burning equipment means any furnace, boiler, apparatus, stack and all associated equipment, used in the process of burning fuel.

  • Listed Species means a species (including a subspecies, or a distinct population segment of a vertebrate species) that is listed as endangered or threatened under FESA or CESA.

  • Train Loading Infrastructure means conveyors, stockpile areas, blending and screening facilities, stackers, re‑claimers and other infrastructure reasonably required for the loading of iron ore, freight goods or other products onto the relevant Railway for transport (directly or indirectly) to a loading port; and