Prospecting Licences definition

Prospecting Licences means prospecting licences numbered 70/258 and 70/260;
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Prospecting Licences means Prospecting Licence numbers PL 95/2019, PL001/2006, PL002/2006, PL003/2006, PL004/2006, PL005/2006, PL098/2005, PL099/2005, PL100/2005, PL101/2005, in each case issued by the Minister of Mineral Resources, Green Technology and Energy Security in favour of KCM and DCB pursuant to the Mines and Minerals Act [Cap 66:01];
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Prospecting Licences means the Tanzanian prospecting licences (PL No.11852-2022, PL No.11853-2022, PL No.1854-2022, PL No.11855-2022 and PL No.11856-2022) issued to and held by the Company.
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Examples of Prospecting Licences in a sentence

  • Motivation for the retention of the Nama Group of Prospecting Licences in the area northwest of Chililabombwe.

  • The Company, through its wholly-owned Tanzanian subsidiary, Spring Take Limited (“STL”), was granted four Prospecting Licences (“PLs”) by the Ministry of Energy and Minerals in the United Republic of Tanzania, Africa.

  • The CSR Committee has been constituted in line with provisions of section 135 of Companies Act, 2013 and comprises of following Directors: During the year, the Independent Directors met once on March 31, 2017.

  • The minimum expenditure commitment is set out in the Prospecting Licences held by the Group.

  • The terms of the CEC Mining Lease Option Agreements, DfE Prospecting Licences and royalty agreement for DG2 to DG6 are described in note 4.

  • The CEC Mining Lease Option Agreements have a six- year term, with an option to extend the term for up to an additional four years (together, the “Option Period”).The DfE Prospecting Licences for DG1 and DG2 were issued in 2013 and are currently in their first two-year extension term which runs from January 1, 2016 to December 31, 2017.

  • The Act has introduced new procedures on renewal of Prospecting Licences (PL’s) that now involves a tender process.

  • Prospecting Licences P52/1442-50 recently received an Extension of Term for an additional 4 years.

  • The DfE Prospecting Licences for DG3 and DG4 completed their second two-year extension term on April 23, 2017 and the Company’s applications for new Prospecting Licences on those areas are being processed by DfE.

  • On 20 July 2020 the Company agreed to acquire the KX36 Diamond discovery in Botswana, along with two adjacent Prospecting Licences and a diamond processing plant.


More Definitions of Prospecting Licences

Prospecting Licences means those prospecting licences listed in Annexure C (and, where the context requires, a prospecting license granted pursuant to a Prospecting Licence Application) and includes all other mining tenements granted or applied for under the Mining Act upon renewal or in substitution, variation or extension thereof.
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Prospecting Licences means the prospecting licences granted to the BMM Seller in respect of:
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Prospecting Licences means the prospecting licences listed in file path 7.
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Prospecting Licences means together the Crown Prospecting Licence and the DETI Exploration Agreement.
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Prospecting Licences shall have the meaning given to such term in the T1B Agreement;
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Prospecting Licences the Prospecting Licences described in Exhibit A, including Held Prospecting Licences and Untransferred Prospecting Licences, and renewals and conversions thereof, and any prospecting licences, retention licences, or mining licences issued in replacement or substitution of such Prospecting Licences.
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Related to Prospecting Licences

  • operating licence means an authorisation granted by the competent licensing authority to an undertaking, permitting it to provide air services as stated in the operating licence;

  • exploration licence means an exploration licence under Part 2 of the Mineral Resources Development Act 1990; S. 3(1) def. of "fish" inserted by No. 40/2002 s. 3(a).

  • Environmental Permit means any permit, approval, identification number, license or other authorization required under any Environmental Law.

  • licence means a licence granted under this Act;

  • Company IP Licenses (other than “shrink wrap,” “click wrap,” and “off the shelf” software agreements and other agreements for Software commercially available on reasonable terms to the public generally with license, maintenance, support and other fees of less than $5,000 per year (collectively, “Off-the-Shelf Software Agreements”), which are not required to be listed, although such licenses are “Company IP Licenses” as that term is used herein), under which a Target Company is a licensee or otherwise is authorized to use or practice any Intellectual Property, and describes (A) the applicable Intellectual Property licensed, sublicensed or used and (B) any royalties, license fees or other compensation due from a Target Company, if any. Each Target Company owns, free and clear of all Liens (other than Permitted Liens), has valid and enforceable rights in, and has the unrestricted right to use, sell, license, transfer or assign, all Intellectual Property currently used, licensed or held for use by such Target Company, and previously used or licensed by such Target Company, except for the Intellectual Property that is the subject of the Company IP Licenses. For each Patent and Patent application in the Company Registered IP, the Target Companies have obtained valid assignments of inventions from each inventor. Except as set forth on Schedule 4.13(a)(iii), all Company Registered IP is owned exclusively by the applicable Target Company without obligation to pay royalties, licensing fees or other fees, or otherwise account to any third party with respect to such Company Registered IP.

  • Environmental Approvals means any permit, license, approval, ruling, variance, exemption or other authorization required under applicable Environmental Laws.

  • competent authorities means the competent authorities of the Member States as identified on the websites listed in Annex II;

  • Inspecting Authority means the authorised representative of the Department to act as Inspecting Authority for the purpose of this contract and for the purpose of ascertaining the progress of the deliveries under the contract.

  • Government Authorities means, without limitation, all Government departments and agencies with responsibility for the import and export of goods, the collection of revenue on the import and export of goods and the transport of those goods to include, without limitation, Customs, AQIS, the ATO and the RSA;