Drawing from several of the contracts on resourcecontracts, Mining Contracts: How to Read and Understand Them highlights explores the policy questions and company interests underlying contract provisions, issues that are crucial for understanding and negotiating contracts and for monitoring their enforcement.. This publication was …
Community Development Agreements (CDA) between companies and impacted communities, for example, have played a valuable role in meeting the expectations and …
Mining development agreements In this month's mining briefing we look at Mining Development Agreements (MDAs) and the role that they play in the mining sector in Tanzania. Legal basis The Mining Act 2010 (the 2010 Act) governs the mining industry in Tanzania. The 2010 Act is supported by regulations which set out
Development Agreements to allow us to examine the full range of agreements similar in character, scope and objective. We have defined CDAs as any negotiated agreement …
Mining Act 1992 3 PART IIIA. – ACQUISITION OF STATE INTERESTS. 16A. Acquisition of State Interests. 17. Power to enter into agreements. PART IV. – MINING DEVELOPMENT CONTRACTS Division 1. - Agreements Generally 18. Circumstances under which the Minister may require mining development contract.
MINE DEVELOPMENT AGREEMENT The Effective Date of this Agreement is _____, 20__ ("Effective Date"). The Parties to this Agreement are: First, _____ (the "Company") …
MMDA model mining development agreement NADeF Newmont Ahafo Development Foundation NGO nongovernmental organization NRC Natural Resources Canada OTDF Ok Tedi Development Foundation OTFRDP Ok Tedi Fly River Development Program OTML Ok Tedi Mining Limited. Extractive Industries for Development Series. ix.
The Mining Minister in considering the size of the mineral deposit, the method of treating it, the infrastructure required for the project, economic considerations and the financing of the project may decide on the project being undertaken under a mining development contract. The mining development contract is entered into between the State and ...
Capital and Development Projects Progressing Well. Yerington, NV – May 16, 2023 – Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) ("Nevada Copper" or the "Company") is pleased to provide additional details on the previously announced award of a 66,000-foot underground lateral development contract with US-based Small Mine …
Howard was a leading participant in the development and drafting of the Model Mine Development Agreement of the International Bar Association, and has served on Government of Canada advisory committees on international trade and investment law, a special expert panel for the
Mining Development Contract (MDC) (a) The Minister may, require mining to take place under a Mining Development Contract in accordance with the provisions of the Mining Act 1992 (and its subsequent amendments), (b) The contract shall be between the State and the developer and relates
The MMDA is a web-based tool that is able to address different circumstances rather than seeking to provide a one-size fits all model. It provides …
Apart from the above, in July 2020, Ageson Bhd, an investment holding company listed on the Main Market of Bursa Malaysia had also entered into a joint-venture agreement with Menteri Besar Kedah Incorporated ("MBI Kedah") to undertake the mining, supply and exportation of silica sand. 21 MBI Kedah is the Kedah state investment arm, and its ...
Mine development agreements are long-term investment agreements between national governments, principally in the developing world (particularly Africa), and mining …
Key Components of Development Contract. 66,000 feet of lateral capital development over a 24-month contract period; Delivery of fully developed ore stopes in 2023 to restart and maintain nameplate ...
1.1.2. "Agreement" means this [Coal Mine Development and Production Agreement / Mine Development and Production Agreement]12 and all attached annexure, schedules, exhibits and instruments supplemental to or amending, modifying or confirming this Agreement in accordance with the provisions of this Agreement. 1.1.3.
"Agreement" means this Mineral Development Agreement as well as all schedules and exhibits annexed to it, as they may from time to time be amended. "Annual Social Contribution" has the meaning given in Section 8.2(a). "Business Day" means any day other than a Saturday or Sunday or a holiday declared by the Government.
Part 2 also considers how the handbook relates to the Model Mining Development Agreement (MMDA) of the International Bar Association (IBA). Part 3, on shifting from win–lose to win–win–win paradigms, addresses changing assumptions, such as the recognition of the need for a social license to operate and the legitimacy of …
Chifeng Jilong Gold has entered into a historical cooperation agreement with Lao Mining Development State Enterprise (LMD). The agreement will enable the parties to focus on exploration and development of mineral resources to develop large-scale future production in Laos.
Mining Development Contract Memorandum of Understanding (MOU) between Government, landowners and community covering royalty distribution, government commitments e.g. infrastructure Integrated Benefits Package (IBP) First signed in 1995 and to be reviewed every 5 years between Lihir Gold Limited, landowners and community …
Model Mine developMent AgreeMent A Template for Negotiation and Drafting April 4, 2011 note: This document should not be used to create legal relationships. it is intended only as a template for negotiating and drafting a mine development agreement. The text is merely illustrative, and the examples are taken from existing
A Mining Development Contract was signed between the Independent State of PNG and the Porgera Joint Venturers on 12 May 1989 and the SML was granted by the then Governor General. A Compensation Agreement and Relocation Agreement were reached between the Porgera Joint Venturers and the agents of the Tieni, Waiwa, Tuanda, …
PART IV. - MINING DEVELOPMENT CONTRACTS. Division 1. - Agreements Generally. 17. Power to enter into agreements. Division 2. - Mining Development Contracts. 18. Circumstances under which the Minister may require mining development contract. 19. Effect of mining development contract. PART V. - TENEMENTS. Division 1. - …
The Mines and Minerals (Development and Regulation) Act, 1957 (No. 67 of 1957) (the "Act") and The Mineral Concession Rules, 1960 made thereunder make provision, inter …
Aim- and TSX-V-listed Mkango Resources and two of its subsidiaries have signed a mining development agreement (MDA) with the Mawali government for the Songwe Hill rare earths project. The signing ...
Mining Development Contract . MDC is a higher level agreement between project developer and the National Government. MDC discussions and negotiations are considered for SML projects only with a mine life of over 20 years. The Development Coordination Division facilitates and administers the MDC agreements . MOA Negotiations ...
Officials from Lotus Resources, among others, during the signing of the mine development agreement (MDA). Credit: Lotus Resources. Lotus Resources has entered an MDA with the Government of Malawi, ensuring a …
1.1.2. "Agreement" means this Mine Development and Production Agreement and all attached annexures, schedules, exhibits and instruments supplemental to or amending, modifying or confirming this Agreement in accordance with the provisions of this Agreement. 1.1.3. "Agreement Date" shall mean the date on which the execution of this ...
April 2015 SAM/KOL/ 50777/ 0035600/ #10555203 v1 Model Contract Agreement for Coal Mining
ASX-listed Lotus Resources has signed a mine development agreement (MDA) with the Malawi government for the Kayelekera uranium mine. The company describes this as a major milestone in the mine's ...