San Dimas Mine definition

San Dimas Mine means the mining projects from time to time in respect of the Mining Properties;
San Dimas Mine means the assets comprising the San Dimas mines and xxxxx that are presently operated by DMSL and other subsidiaries of Goldcorp and that include the San Antonio, Tayoltita and Santa Xxxx xxxxx in San Dimas, Mexico;
San Dimas Mine means the mining operations located approximately 000 xxxxxxxxxx xxxxxxxxx xx Xxxxxxxx, Xxxxxxx, Xxxxxx and approximately 000 xxxxxxxxxx xxxx xx Xxxxxxx, Xxxxxxx, Xxxxxx and owned and operated by PEM.

Examples of San Dimas Mine in a sentence

  • After four years, for the life of the mine, the first 6 million ounces per annum of silver produced by the San Dimas Mine, plus 50% of the excess silver above this amount, must be sold to Silver Wheaton Caymans at the lesser of $4.20 per ounce (adjusted by 1% per year) and market prices.

  • Upon Primero’s acquisition of the San Dimas Mine, the Silver Purchase Agreement was amended and restated and Primero assumed all of Goldcorp’s obligations with respect to the San Dimas concession under the Silver Purchase Agreement.

  • The Company has presented the value of any expected future cash flows from the sale of any future silver production to Silver Wheaton Caymans as part of the mining interest, as the Company did not receive any of the original upfront payment which was made by Silver Wheaton to acquire its interest in the silver production of the San Dimas Mine.

  • Free cash flow means cash flow from operating activities as reported in the consolidated statement of cash flows, less the aggregate of capital expenditures at the San Dimas Mine, principal and interest on the promissory note and convertible debt and up to $5 million per year on account of acquisition opportunities.

  • All silver not sold to Silver Wheaton Caymans is available to be sold by the Company at market prices.The expected cash flows associated with the sale of the silver to Silver Wheaton Caymans at a price lower than market price have been reflected in the fair value of the mining interest recorded upon acquisition of the San Dimas Mine.

  • The Company was required to assume these two agreements when it acquired the San Dimas Mine.

  • Currently, for each of the first four years after the acquisition date, the first 3.5 million ounces per annum of silver produced by the San Dimas Mine, plus 50% of the excess silver above this amount, must be sold to Silver Wheaton Caymans at the lesser of $4.04 per ounce (adjusted by 1% per year) and market prices.

  • The purchase was part of the Company’s strategy of building a portfolio of high-quality, low-cost precious metal assets.In addition to the San Dimas Mine, the Company acquired all of the shares of Silver Trading (Barbados) Limited.

  • On August 6, 2010, the Company obtained control of the San Dimas Mine, located in Mexico’s San Dimas district, on the border of Durango and Sinaloa states.

  • The San Dimas Mine has a gold and silver streaming agreement with WPMI which entitles WPMI to receive 25% of the gold equivalent production (based on a fixed exchange ratio of 70 silver ounces to 1 gold ounce) at San Dimas in exchange for ongoing payments equal to the lesser of $600 (subject to a 1% annual inflation adjustment) and the prevailing market price, for each gold equivalent ounce delivered under the New Stream Agreement.


More Definitions of San Dimas Mine

San Dimas Mine means the mining projects from time to time in respect of the Mining Properties.

Related to San Dimas Mine

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  • Intermittent stream means all watercourses identified as intermittent streams on United States Geological Survey quadrangle maps.

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  • Farming operation means raising, cultivating, propagating, fattening, grazing, or any other farming, livestock, or aquacultural operation.

  • CBM means Capacity Benefit Margin.

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  • Cannabis cultivation facility means a person that:

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  • Design torso angle means the angle measures between a vertical line through the "R" point and the torso line in a position which corresponds to the design position of the seat-back established by the vehicle manufacturer;

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  • Mineral Products means the commercial end products derived from operating the Property as a mine:

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  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.