Sample Business Contracts. By Industry. Mining. Includes companies engaged in metal mining, bituminous coal and lignite mining, and gold and silver mining. Popular Free …
The Mining Contract is for the life of mine while the price schedule carries a three-year term and gives Gold Mountain confidence in its forecast and cash flow to scale the business efficiently. Kevin Smith, CEO of Gold Mountain further elaborates, "We started this company with an early commitment to transparent and inclusive conversations with ...
Considering that in a joint venture agreement or an option agreement the specific purpose company will probably be local, and the mining property will also be in the hosting country, it is very ...
The holder of the royalty interest is entitled to a stake in the output of the mining property's production. In Canada, the three main types of royalty interests are the net smelter returns royalty (NSR), the net profits interest royalty (NPI), and the gross overriding royalty (GOR). A net smelter returns royalty is calculated on the proceeds ...
Exhibit 10.1. FORWARD GOLD PURCHASE AGREEMENT. The undersigned (the "Purchaser") hereby irrevocably subscribes for and agrees to purchase from GOLDEN CHEST LLC (the "Seller"), a subsidiary of New Jersey Mining Company (the "Issuer"), ounces of forward gold production of the Seller as represented below at a price of $935 …
1.1.10 "CROWN" shall mean Crown Gold Recoveries (Proprietary) Limited, a subsidiary of DRD SA and a company vested with mining rights entitling it, inter alia,to conduct mining operations on behalf of others; 1.1.11 "DISPOSE" shall in relation to any shares in the COMPANY from time to time mean sell, alienate, dispose of, transfer,
The Responsible Gold Mining Principles provide a guide for stakeholders to what we believe are the key elements of responsible gold mining across the mine life-cycle. Responsible gold mining is conducted with respect for the environment and the human rights and wellbeing of our employees, contractors and members of the communities …
Here's the basic structure for any sort of business proposal: Introduce yourself and your proposal. Show that you understand the proposal reader's needs. Explain how your ideas, goods, or services will meet those needs and what they will cost. Convince the proposal reader that you are the right party for the job.
1. PAYMENT OF PURCHASE PRICE. (3) The purchase price described in Paragraph 2 hereof shall be paid as follows: (a) Purchaser shall upon the signing of this agreement pay $12,500 directly to Seller and place $12,500 with an escrow/title company. Upon satisfactory completion of a satisfactory title search confirming title and completion of ...
Gold Mining Exclusive Joint Venture Agreement. ... Disclaimer: This website is intended for educational puposes only.The contract samples, agreement samples and legal information presented herein are illustrative materials only. They are not recommendations or sugestions, but only samples of clauses used in some contracts. ...
Industry. Gold and silver ores. (1)Harmony Gold Mining Company Limited, a company registered in accordance with the laws of South Africa under registration number 1950/038232/06, as borrower and agent on behalf of the Obligors (the Borrower and Obligors' Agent); Sample 1.
Underground Contract Mining The Byrnecut Group engages in mechanised underground mine feasibility, mine development and mine production. This includes shaft sinking, shotcreting, raise-drilling, the provision of high-quality equipment rebuilds, maintenance engineering, labour hire and training for the mining industry, plus mine engineering …
It will usually be stated in one of two ways: As a total. If the Buyer has a good idea of exactly how much the Seller owns, the purchase and sale agreement will usually state an exact dollar amount (e.g., $100,000). "For and in consideration of $100,000, Buyer agrees to purchase from Seller…". As a price per acre.
14. Contract Duration 12 months with possible rolls and extensions 15. Mode of Payment Final Payment (See N0 9 above) to be made by Swift Wire Transfer into Seller's ank Account. 16. Terms & Conditions A Sale and Purchase Agreement (SPA) will be signed before transaction will take place. Note 1
ARTICLE IV – BENEFITS' ALLOCATION 4.01 All mine benefit Commencing on the date hereof and ending on the termination of the business of the Joint Venture, all benefit generated by the mines shall be allocated to the rate of 50% each party to the Joint Venture. 4.02 Extra Profits and Losses. Commencing on the date hereof and ending on …
A total of two (2) unpatented lode mining claims, also known as the BC#1 and BC#3, located in Section 15, Township 48 N, Range 3, E.B.M., Shoshone County, State of …
IISD Handbook on Mining Contract Negotiations for Developing Countries. and environmental development of the community in order to earn the support of the community for the operation of the mine. Benefits, including economic benefits, …
constituted pursuant to the provisions of clause 53.1; 44.2.19 "Joint Venture Business" means the business to be conducted. by the Joint Venture, being the exploration, development, mining, treatment, refining, and production of gold and associated metals. and minerals in the Mining Area;
Artisanal and Small-Scale Gold Mining can take several forms of organization. The financing needs will vary mainly depending on the ... mining. For example, some of the partners may be equipment engineers or geologists ... The agreement may take the form of a revolving or a term loan. It is important to make sure that the payments whether ...
NRW Holdings subsidiary Primero Group has received a A$973m ($648.2m) engineering, procurement and construction (EPC) contract from gold mining company Northern Star Resources for the Kalgoorlie Consolidated Gold Mines (KCGM) Growth Project in Kalgoorlie, Western Australia.. Planned for completion by Q3 2026, the …
The contract award of this two-year project, which is valued at about $250m, reflects the trust and expertise gained by Nuna in its 27-year service. North American Construction Joe Lambert said: "We are pleased and proud of the combined NACG & Nuna team for achieving such a significant milestone in our economic growth plans.
Contract Mining Agreement. Sample Contracts. Open Split View. Cite. BAYBECK CONTRACT MINING AGREEMENT THIS CONTRACT MINING AGREEMENT (this …
The term gold equivalent ounce is a common financial reporting term that is found within gold and silver mining company's financial… 4 min read · Jul 23, 2020 Gold Mining Research
This ceiling—which in the Barrick example limits the government share of profit to 50 percent—has several consequences. My modeling of the impact of the regime on both a gold mine and a nickel mine suggests that the 50-50 regime results in a lower government take than the country's underlying regime set out in legislation.
THIS MINING LEASE is made and entered into effective as of the 1st day of January, 1986, by and between Lyle F. Campbell, a single man with a mailing address of P.O. Box 7377, Reno, Nevada 89510, Julian E. Simpson and Jean C. Simpson, husband and wife, with a mailing address of Box 266, Kihei, Maui, Hawaii 96753 (hereinafter collectively called …
Nsuta Gold Mining, Concession Agreement, 2008. This document has not been tagged. Loading... An online repository of publicly available oil, gas, and mining contracts. The repository features plain language summaries of each contract's key social, environmental, human rights, fiscal, and operational terms, and tools for searching and ...
EX-10 10 exhibit423.htm MINING EXPLORATION AGREEMENT WITH OPTION TO LEASE RE BMP PROJECT.
Drawing from several of the contracts on resourcecontracts, Mining Contracts: How to Read and Understand Them highlights explores the policy questions …
The Deflector Mine is a shallow narrow vein, high-grade gold and copper underground mine located in the southern Murchison region of WA. The mine commenced gold production in May 2016. As an engineering contractor, Macmahon provides mining services throughout Australia and South-East Asia. In August last year, the company …
fs agreement no. 19-mu-11041700-006 ndep agreement no. _____ _ blm agreement no. _____ _ memorandum of understanding for mining and mineral related actmties within the state of nevada among nev ada department of conservation and natural resources division of environment al protection and usda, forest service humboldt-toiyabe national forest
Exhibit 10.1. FORWARD GOLD PURCHASE AGREEMENT. The undersigned (the "Purchaser") hereby irrevocably subscribes for and agrees to purchase from GOLDEN CHEST LLC (the "Seller"), a subsidiary of New Jersey Mining Company (the "Issuer"), 500 ounces of forward gold production of the Seller as represented below at a price of $935 …
Operational cost for the first 3 months (salaries of employees, payments of bills et al) – $150,000. The cost for start-up inventory (gold and silver ore mining equipment, trucks and other related gold and silver mining devices) – $250,000. The cost of launching a website – $600. Miscellaneous – $5,000.
This chapter presented some mining agreements that are largely used in the sector, with an emphasis on the specific features of each agreement that are inherent to …
Artisanal and Small-Scale Gold Mining can take several forms of organization. The financing needs will vary mainly depending on the size of the organization. This …
Instantly download Template's Mining Joint Venture Agreement printable sample template. It's professionally pre-formatted and industry-grade to best suit your mining business agreements and discretionary partnership terms. This template is available in various copies to give you easy customization options fit for your business needs.
DUPARQUET MINING CAMP PROJECT. OPTION AND JOINT VENTURE AGREEMENT. THIS AGREEMENT is executed as of December [8], with effect as of January 1 st, 2010. BETWEEN: CLIFTON STAR RESOURCES INC., a company incorporated and existing under the laws of the Province of British Columbia and having its head office at 836 - 470 …
Contract Mining. With over 52 years of experience in Indonesia, Petrosea has in-depth knowledge of the evolution of Indonesian mining industry, in which Petrosea has implemented Industry 4.0 technology through its Minerva digital platform designed to solve operational issues in order to provide the best possible services for all clients.
Mining contracts are a fix to networks that rely on giant mining conglomerates to do the bulk of the verification process. Bitcoin and Ethereum are the two largest currently relying on the proof of work consensus mechanism. Ethereum is currently planning to move to a Proof of stake which could see the popularity of mining contracts …
