The High Court also briefly considered what would happen where a mining lease that had been granted despite a failure to comply with section 74(1)(ca) had been transferred. The Court found that, in such a case, the transferee would be afforded protection under section 116.
Govt to relax mining lease transfer rules Livemint : January, 2016 New Delhi: The government plans to enact a law that will allow companies that received mining licences without having gone through the auction process to transfer these leases—a move that will make mergers and acquisitions (MAs) easier in the steel cement, and metals sectors.
Special (Crown Private Lands) Lease 20 (Act 1969) (SML 20) encompasses the Woodlawn Mine, surface mine infrastructure and extending as far north as the Cowley Hills satellite mine. Up until the registration of Tarago as the registered holder, the lease was held by TriAusMin under assignment by the previous owner, Denehurst Limited (Deregistered).
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Despite an increased appetite in copper assets, the rate of new discoveries continues to be low, especially in Chile, the biggest producing country in the world and where the bulk of exploration ...
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ASXlisted TerraCom has secured A in funding to facilitate the transfer of the Blair Athol mining lease, in Queensland. The company on Friday said the funding, which has been secured ...
eral property transfers the property, but retains an economic interest running for the life of the property, will be regarded as a lease or sublease rather than a sale or assignment.
TriAusMin is pleased to announce that it has received formal notification from the Division of Resource Energy, NSW Trade and Investment (DRE) that Special (Crown Private Lands) Lease 20 (Act ...
BuiltOwnLeaseTransfer (BOLT) Model It is a nontraditional procurement method of project financing whereby a private or public sector client gives a concession to a private entity to build a facility (and
Will the cash security deposit remain with the mining lease? Yes, it will remain with the mining lease No, the transferee must provide a replacement security when registration of transfer is lodged.
as requiring ministerial consent not just for transactions involving the legal transfer of the licence or lease but for any kind of transactions (including share transfers) which resulted in a transfer of control of the licence or lease from one company (or group of companies) to another.
lease agreement with option to purchase THIS LEASE AGREEMENT WITH OPTION PURCHASE ("Agreement") is entered into as of the 1st day of October, 2011, ("Effective Date") by and between Mass Prentiss Blackwell, Jr. (the "Landlord"), and Green Field Energy Services, (the "Tenant").
The reforms are intended to apply to all mining leases granted, renewed or transferred from early 2019 (date to be determined). The Resources Regulator is also proposing to transition existing mining leases which do not require renewal.
PANAJI: Eyestar Finance and Leasing Private Limited,the mines and geology department has permitted a local firm, Gangadhar Narsingdas Agrawal to transfer its mining lease on a plot ...
that ministerial consent is required for transfer of shares in a company holding an interest in an oil and gas licence or lease but also the fact that ministerial consent is required for the transfer of contractual interests under a contractual arrangement such as a PSC.
All operators or lease holders submitting APMAs for operations on State mineral locations must submit a "Notice of Authorization" from the owner of record. We will not issue any mining permits until we receive this Notice of Authorization. Please include it with your APMA.
Mines and Geology Division, exercises general supervision over all prospecting, mining and quarrying operations throughout Jamaica Procedure for Mining Lease Mines and Geology Division Mines Geology Division Ministry of Transport and Mining
Used to lease mining claims with the option to purchase. View sample This form is used to change or transfer interest in and to all of the oil, gas, and other minerals in .
You may make an application for a mining lease electronically using the MyMinesOnline system. Alternatively you may complete the the application form and submit with any attachments and the prescribed fee at a Mines lodgement office.
International Financial Reporting Standards (IFRS) provide the basis for financial reporting to the capital markets in an increasing number of countries around the world. Over 100 countries either use or are adopting IFRS. Those companies already on IFRS have their own challenges as the pace of standardsetting from the International
The government plans to enact a law that will allow companies that received mining licences without having gone through the auction process to transfer these leases—a move that will make mergers ...