Seabed Minerals definition

Seabed Minerals. – means the hard mineral resources of any part of the deep seabed, including those in crust, nodule or hydrothermal deposit form, which contain (in quantities greater than trace) metalliferous or non- metalliferous elements;
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Seabed Minerals. – means the hard mineral resources
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Seabed Minerals means hard mineral resources, consisting of any deposit or accretion, on or just below the surface of the deep seabed in the Area, including those in crust, nodule or hydrothermal deposit form, which contain metalliferous elements;
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Examples of Seabed Minerals in a sentence

  • This was for example the case of interns sponsored by the Pacific Community (SPC) in the context of the implementation of the SPC-EU Deep Seabed Minerals project.

  • If any of the provisions of SCHEDULE 5 are not complied with at or prior to Completion by any of the Sellers and/or the Buyer, respectively, then any Party that failed to comply shall use all reasonable endeavours to procure the performance of its obligations in SCHEDULE 5, and Completion shall take place, and the Completion Date shall be, on the first date within the next five Business Days on which the Parties have complied with such provisions.

  • Accordingly, the grant term expiration date is three years from the signature date of the original grant agreement (or three years from the project start date that was agreed upon in the original grant agreement, which may be later than the signing date).

  • The holder of a Mining Licence shall pay such sums by way of royalties for the extraction of the Kingdom‘s Seabed Minerals and at such times as may be specified under the relevant applicable laws of the Kingdom.

  • Recognising that emergency situations occur, the Seabed Minerals Act provides for the establishment of the "Seabed Mining Environmental Emergency Contingency Plan".

  • An officer known as the On-Scene Commander shall, in the event of pollution caused by seabed activities, take all necessary steps to combat and contain and remedy the effects of the incident.44 Because the Seabed Minerals Act requires a titleholder to comply with the Environment Act, it is important to look at the provisions of that Act.

  • The regulations may authorize the Cook Islands Seabed Minerals Authority to issue an instrument varying an application for title for the sole purpose of re-labeling a block, point, line or area by reference to geographic coordinates based on the Cook Islands Geodetic Datum.

  • It has also set up a Seabed Minerals Authority to oversee seabed mining activities.

  • Deep Seabed Minerals Contractors, (2018), available online: <https://www.isa.org.jm/deep-seabed-minerals- contractors>.

  • Act must provide financial security, adequate to cover the costs of the applicant’s implementation of his environmental obligations.42 Only upon successful satisfaction of the applicant’s environmental obligations may the financial security be fully released by the Seabed Minerals Authority.43 The amount of the financial security shall be set having regard to the nature of the seabed activity in question.


More Definitions of Seabed Minerals

Seabed Minerals. – means the solid mineral resources of any part of the Area, including polymetallic nodules, cobalt-rich ferromanganese crusts, and polymetallic sulphides, whether in situ at or beneath the seabed, or recovered from the Area.
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Related to Seabed Minerals

  • Other Minerals means sulphur, lignite, coal, uranium, thorium, iron, geothermal steam, water, carbon dioxide, helium and all other minerals, ores or substances of value whether or not generally produced from a wellbore in conjunction with the production of oil and gas.

  • Minerals means any and all ores (and concentrates derived therefrom) and minerals, precious and base, metallic and non-metallic, in, on or under the Property which may lawfully be explored for, mined and sold.

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

  • 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.

  • Inferred Mineral Resource means that part of a mineral resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes.

  • 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.

  • Coal means any solid fuel classified as anthracite, bituminous, subbituminous, or lignite.

  • Petroleum Substances means petroleum, natural gas, natural gas liquids, related hydrocarbons and any and all other substances, whether liquid, solid or gaseous, whether hydrocarbons or not, produced or producible in association with any of the foregoing.

  • CO2 means carbon dioxide.

  • Total hydrocarbons (THC) means the sum of all volatile compounds measurable by a flame ionization detector (FID).

  • Mine means to carry on an operation with a view to, or for the purpose of—

  • Oil means petroleum in any form including crude oil, fuel oil, sludge, oil refuse and refined products (other than petrochemicals which are subject to the provisions of Annex II of the present Convention) and, without limiting the generality of the foregoing, includes the substances listed in Appendix I to this Annex.

  • 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;

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Petroleum refinery or “refinery” means any facility engaged in producing gasoline, aromatics, kerosene, distillate fuel oils, residual fuel oils, lubricants, asphalt, or other products through distillation of petroleum or through redistillation, cracking, rearrangement or reforming of unfinished petroleum derivatives.

  • Transport Gas means the gas purchased by a Customer from a supplier other than KUB that Customer has arranged to have Delivered to KUB for delivery to the Customer by KUB.

  • concentrates means flavoring ingredients and, depending on the product, sweeteners used to prepare syrups or finished beverages and includes powders for purified water products such as Dasani;

  • CBM means Capacity Benefit Margin.

  • smelter means an electrolytic reduction plant for the conversion of alumina to aluminium using alumina produced from bauxite;

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

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • Gross gallons means an amount of motor fuel measured in gallons, exclusive of any temperature,

  • Condensate means hydrocarbon liquid separated from natural gas which condenses due to changes in the temperature or pressure and remains liquid at standard conditions.

  • Coal mine means an area of land and all structures, facilities, machinery, tools, equipment, shafts, slopes, tunnels, excavations, and other property, real or personal, placed upon, under, or above the surface of such land by any person and used in, to be used in, or resulting from the work of extracting in such bituminous coal, lignite, or anthracite from its natural deposits in the earth by any means or method, including the work of preparing the coal so extracted, and such term includes custom coal preparation facilities.

  • Geothermal fluid means water in any form at temperatures greater than 120

  • Waste oil means used or spent oil or solvents or other volatile hydrocarbons, including but not limited to crankcase oil.