Ovoot Tolgoi Mine definition

Ovoot Tolgoi Mine means the Company’s open pit coal mine at Ovoot Tolgoi, which is comprised of the Sunrise and Sunset open pit coal mines.
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Ovoot Tolgoi Mine means SouthGobi’s operating pit coal mine at Ovoot Tolgoi comprising coal resources to a depth of 300m below surface.
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Ovoot Tolgoi Mine means the Company’s operating pit coal mine at Ovoot Tolgoi which is comprised of the
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Examples of Ovoot Tolgoi Mine in a sentence

  • Toll Wash Plant Agreement with Ejin Jinda In 2011, the Company entered into an agreement with Ejin Jinda, a subsidiary of China Mongolia Coal Co. Ltd., to toll-wash coal from the Ovoot Tolgoi Mine.

  • In the long term, the Company will continue to focus on creating and maximizing shareholders value by leveraging its key competitive strengths, including: • Strategic location – The Ovoot Tolgoi Mine is located approximately 40km from China, which represents the Company’s main coal market.

  • TRANSPORTATION INFRASTRUCTURE On August 2, 2011, the State Property Committee of Mongolia awarded the tender to construct a paved highway from the Ovoot Tolgoi Mine to the Xxxxxx Khuren Border Crossing (the “Paved Highway”) to consortium partners NTB LLC and SGS (together referred to as “RDCC LLC”) with an exclusive right of ownership of the Paved Highway for 30 years.

  • Therefore, the Company conducted an impairment test whereby the carrying value of the Company’s Ovoot Tolgoi Mine cash generating unit was compared to the recoverable amount (being the “fair value less costs of disposal”) using a discounted future cash flow valuation model.

  • On March 30, 2011, the Company announced that it had updated a prefeasibility study for the Ovoot Tolgoi Mine.

  • A paid parental leave granted in accordance with provision 23.4 runs concurrently with other parental, pregnancy disability and/or family care andmedical leave provisions of Article 22, Leaves of Absence Without Pay, and may be supplemented in accordance with the provisions of Article 24, Sick Leave, of this Agreement.

  • The Ovoot Tolgoi Complex comprises the Ovoot Tolgoi Mine together with the Ovoot Tolgoi Underground Deposit.

  • The Ovoot Tolgoi Mine is covered by a single 9,308 hectare (“ha”) mining license and a corresponding permit to mine.

  • The funds collected by IOGC then flow to the First Nation Trust Fund Accounts administered by Indian and Northern Affairs Canada (INAC) for their respective communities.”49 First Nations can gain access to their revenue or capital moneys for the use and benefit of their communities by the signing of a Band Council Resolution to that effect.50 At the end of fiscal year 2010-2011, IOGC was administering 768 subsurface agreements and 4,298 surface agreements.

  • The Ovoot Tolgoi Mine, strategically located approximately 40km from the Shivee Khuren- Ceke crossing at the Mongolia-China border (“Shivee Khuren Border Crossing”), is the Company’s flagship asset.


More Definitions of Ovoot Tolgoi Mine

Ovoot Tolgoi Mine means the Company’s operating pit coal mine at Ovoot Tolgoi which is comprised of theSunrise and Sunset open pit coal mines and comprising coal resources to a depth of 300m below surface.
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Related to Ovoot Tolgoi Mine

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