Mining operation definition
Examples of Mining operation in a sentence
The value of the PPL Rights (“the PPL Value”) will be equal to the Net Present Value (“NPV”) of exploiting the PPL Rights as a stand alone Mining operation by applying an agreed discount rate.
The value of the Plateau Rights (“the Plateau Value”) will be equal to the aggregate of all Exploration Expenditure incurred by Plateau up to the commencement of the Exploitation Phase and the Net Present Value (“NPV”) of exploiting the Plateau Rights as a stand alone Mining operation by applying an agreed discount rate.
The Operating Period for each Mining Area shall continue for 30 (thirty) years beginning at the commencement of the Operating Period for the first Mining operation, or such longer period as the Department, on the written application of the Company, may approve.
This Agreement shall apply to the Company in respect of employees engaged by the Company through its Hunter Mining operation, to perform mechanical maintenance activities at the Company’s Hunter Mining workshop along with mechanical maintenance activities at various client sites in the New South Wales Hunter Mining Region.
Paramont’s existing performance bond issued in favor of DMME for the Hawks Nest Mining operation is $5,244,000, as of the date of this Amendment.