Based on general requirements of a concession agreement and the ICRC requirements, the typical clauses in a concession agreement would include: a. Parties: The parties to the concession agreement ...Web
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Concessions are granted over "free land" under the "first in time, first right" principle, which establishes that the first person to request a concession over a certain portion of land has the right to the concession, provided all other requirements under the Mining Law and the Mining Regulations are met.Web
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Mexico and Japan Free Trade Agreement. Under this agreement, Mexican companies have a zero rate for the exportation of up to 95% of the goods exported to Japan, including, among others, minerals. ... Mining concessions granted before the enactment of the Amendments have a term of existence of 50 years, renewable for other 50 years.Web
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Any concessions, especially the timing of such, will be a major factor in assessing proposals received. Concessions may include reduced rent, free rent, moving …Web
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Liberia's Minerals and Mining Law, adopted in April 2000, encourages foreign investment. It includes a requirement for a Mineral Development Agreement (MDA) between the government and an eligible applicant for a Class A mining license with concessions awarded for up to 25 years and renewable consecutively if evidence of …Web
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See CRP-CD-81 (enclosed herein), Appendix to Chapter 2, Concession Agreements, for an excerpt from the PHX Concessions Agreement. 2.3.5 Pest Control Airports should ensure that tenants are solely responsible for a pest-free environment within assigned premises by maintaining its own pest control services, in accordance with the most modern and ...Web
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Mining Community Development Agreement Source Book —is a product of the World Bank Sustainable Energy—Oil, Gas, and Mining Unit (SEGOM). The task team comprised of Boubacar Bocoum (Task Team Leader), Kristina Svensson (Operations Offi-cer), Peter van der Veen (consultant), Charles E. Di Leva (Chief Counsel, LEGEN), andWeb
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Mining and metallurgical wastes responsibilities. The amendment establishes that mining and metallurgical wastes are the permanent responsibility of the holder of the mining concession. The amendment also sets forth restrictions for the location of deposits or final disposal sites. 4. Transitory regime.Web
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Most concessions are located the cantons of Carlos Julio Arosemena Tola (which has 32 registered mining concessions) and Tena, which has 85. Contaminated rivers affect aquatic life and foodWeb
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a pilot mining plan to be approved by the Minister Of Lands, Mines and Energy Mineral Development Agreement During or by the expiry Of the Exploration Period, the Operator may app y for a Mineral Development Agreement. T hrs agreement shall be concluded in accordance with the Minerals and Mining Laws and Regulations Of Liberia, …Web
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In addition, the nature of certain rights – be they commercial or corporate, such as in a joint venture, or concession-based mineral rights, as in an option or royalty agreement – may change ...Web
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Artisanal mining producer. US$0.50 per year and per hectare. The obligation of minimum annual production consists of the investment for the production of mineral substances. For metallic ...Web
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MINING OPTION AGREEMENT. THIS AGREEMENT is dated for reference the 24th day of October, 2016 . AMONG: RIO SILVER INC., a company incorporated under the laws of …Web
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A concession is a form of public private partnership ( PPP ). It is a long term contractual arrangement between a government (or other public sector body) and a private sector operator who has been awarded the concession. See Practice Note: Forms of Public Private Partnerships. Under a concession agreement, the government grants a private ...Web
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this Agreement without personal liability and that upon completion of said terms, the Escrow Agent is hereby released from any further obligation, liability or …Web
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4. Concession period. It sets out the term or the duration of the agreement. Generally, for agreements like the construction of the national highway (NHAI), the concession period is set forth for 12 years. The concession period will vary from project to project as per the requirement of the parties.Web
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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 ...Web
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Examples of Mining Concession in a sentence. The agreement reached between BAT, its subsidiaries and Nedeel LLC, was for $50,000 in cash and a 1% royalty (which may be sold for US$1m up to the date of 730 days after the grant of a Mining Concession on either or both of the tenements).. EMEM 5% investment in NCCMLAlong with the issuance of the …Web
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Second, a state acts arbitrarily when acting in breach of due process. 69 For example, in Copper Mesa Mining v Ecuador, a Canadian company had been awarded several mining concessions. 70 The concession areas quickly turned violent as anti-mining protestors committed arson and initiated roadblocks to prevent the company …Web
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A concession contract is an agreement between a company and a government that allows the company to operate their business in a certain location. The contract contains details about who each party is and what the goal of the concession contract is. It also mentions the proposed geographical location where business is to be conducted and what ...Web
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The specimen Contract Mining Agreement was first prepared by the author for distribu-tion at a Contract Mining Special Institute conducted by the Eastern Mineral Law Foundation on ... free to deal with the land as it pleases. However, if the owner holds the lands under lease, the lease may restrict the owner from assigning rights under the ...Web
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3. To be the legitimate title holder of the rights derived from the CONCESSIONS and of the FUTURE CONCESSIONS, same that to date are current in payment of rights and other contributions that have corresponded to him in accordance to the Mining Law and its Rulings, among other current and applicable legal dispositions;. …Web
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this Agreement without personal liability and that upon completion of said terms, the Escrow Agent is hereby released from any further obligation, liability or responsibility to the Parties. ... deliver the Property to Buyer free and clear of any and all liens and other encumbrances, but subject to restrictive covenants, zoning restrictions ...Web
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The General Mining Law obliges mining concessions holders to move into production. Under the general regime, production needs to be reached by the titleholder of a mining concession by the first semester of the eleventh year from the date the mining concession was granted. The minimum mining production is equivalent to one (1) Tax Unit ...Web
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Muscat – The Ministry of Energy and Minerals, and Minerals Development Oman (MDO), an affiliate of Oman Investment Authority (OIA), signed 12 exploration-to-mining concession agreements on Wednesday. The agreements were signed by H E Dr Mohammed al Rumhy, Minister of Energy and Minerals, and Dr Badar al Kharusi, …Web
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concession agreement (CA) process, and (iii) human resource development. The activities would be reinforced and sustained through the operationalization and skills development of sector management reforms along the value chain in both the hydropower and mining industries (including planning,Web
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QUERY. This paper should cover good practices for mitigating corruption risks in the negotiation and handing out of leases and concessions for natural resource exploitation …Web
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2.1: Grant of Exploration Privilege: Subject to the terms and conditions of this Agreement and to the extent permitted by applicable federal, state and local laws, regulations and ordinances, Lessor grants to Lessee the exclusive right and privilege to enter on the Property for the purposes of exploration and prospecting for minerals, mineral …Web
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To acquire mining rights, foreign parties must set up a limited liability company that can be 100 per cent foreign-owned (PT PMA). Under the Company Law, at least two shareholders are required to ...Web
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