mining lease


Also found in: Acronyms.

mining lease

[′mīn·iŋ ‚lēs]
(mining engineering)
A contract to work a mine and extract mineral or other deposits from it under specified conditions. Also known as mineral lease.
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References in periodicals archive ?
According to a foreign news agency, TCC said it had invested more than $220 million by the time Pakistan's government, in 2011, unexpectedly refused to grant them the mining lease needed to keep operating.
In addition, Impact has also purchased Mining Lease ML2836 which lies in the centre of the project area (ASX Release August 31st 2018).
The company is based in Salalah and has been granted mining leases for gypsum, situated near Raweya, for searching, quarrying, excavating, transport and marketing of gypsum.
Alhaji Collins Dauda, Member of Parliament for Asutifi South, has advised Parliament to seed its ratifying powers in the granting of small-scale mining leases to another government agency.
"Receiving the Mining Lease and EPBC approval is the product of significant effort on the part of the state government working closely with the federal department to ensure this project received a robust and thorough review," OZ Minerals CEO Andrew Cole said.
KARACHI -- Pakistan Petroleum Limited (PPL) said on Friday that it has discovered hydrocarbons from the exploratory well of Adhi South X-1, in Adhi Mining Lease, according to a company notice to the Pakistan Stock Exchange (PSX).
The company also notified that it holds a 39 per cent working interest in the Adhi Mining Lease.
One, a listed company means the buyers could set their mind free in regard to correctness of disclosed information; second, it would accompany the mining lease, and lastly, with already existing capacity, the buyer's cash flow would be comfortable from the day of acquisition.
Several people have benefited from this mining lease renewal deals," said BJP leader K.
Mining Lease 111 lies between 5 to 20 kilometres north of Luderitz.
On the rights assigned by Bumico, this involves 62 mining claims of which six are covered by a mining lease contract and were subjected to mining operations by Philex from 1996-2002.
Oil Mining Lease 26 was assigned to the Nigerian company FHN26 Limited, an affiliate of Afren plc, for an amount of some $98 million (SPDC share).

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