Contract Mining Versus Propriétaire

Contract Mining versus Owner Mining – The Way …

most mines use contract mining services to mine the ore and waste, process the ore and to maintain their equipment. There are several ways of comparing and analys-ing owner mining and contract mining economi-cally. The main issues can be classified as corpo-61 GMJ Vol. 11, December 2009 Contract Mining versus Owner Mining – The Way …

Plus de détails

Contract Mining Agreement

Contract mining agreement is the contract between two parties, who are the owner of the mine and the contract miner. The owner of coal mine or any other mineral mine can engage a second party to work as an independent contractor in his mine. To do the same, both the parties need to sign a contract called the mining agreement.

Plus de détails

Owner Versus Contract Mining: L.J.Kirk | PDF | Mining

Owner versus contract mining. L.J.Kirk Global Mining Services, Perth, Western Australia, Australia. ABSTRACT: Where direct mining costs are a significant proportion of total operating costs, a mine has a life of more than five years, there is the ability to maintain a reasonably constant mining rate and there are existing or available experienced mining …

Plus de détails

Owner versus Contract Miner a South African Update

In the underground mining environment, contract mining often offers a significant advantage in being able to achieve high advance rates, generally higher than owner operated. Australian crews operating a jumbo drill rig underground can advance between 200 and 300 metres a month. Development rates of this order justify contract mining.

Plus de détails

Owner versus contract mining | 82 | Mine Planning …

ABSTRACT Where direct mining costs are a significant proportion of total operating costs, a mine has a life of more than five years, there is the ability to maintain a …

Plus de détails

Contract Mining versus Owner Mining – The Way …

Contract Mining versus Owner Mining – The Way Forward R.S Suglo Abstract Mining involves many operations such as rock breakage, materials handling, equipment …

Plus de détails

MPI

Anyone left out in the cold during the last mining downturn might think it's a safe bet that permanent employment wins hands down over contract employment. But is that really true? After all, the balance …

Plus de détails

Understanding Royalty Structures

mine-mill complex less all expenses incurred to produce the income." (B.J. Barton, Canadian Law of Mining (Calgary: Institute of Resources Law, 1993) at 462.) Typically the NPI does not become payable until the operator has recouped, from net profits, its capital investment in the project and all pre-production costs.

Plus de détails

Contract Mining Agreement Definition | Law Insider

Examples of Contract Mining Agreement in a sentence. STA Contract Mining Agreement In terms of the STA Contract Mining Agreement, STA is mining at Magdalena at a fixed contract mining fee per tonne, effective October 31, 2015.. The Company was charged $1.4 million under the Contract Mining Agreement during 2018.. This …

Plus de détails

Owner versus contract miner: a South African update

An example of a contract versus owner disputes is the 2005 Aquarius Platinum dispute with Moolman's Mining. The The two companies disputed a R100 million foreign exchange component of the rise ...

Plus de détails

How much are benefit-sharing agreements worth to

We also scale the value of contracts by the ratio of the difference between BAU and BSA jobs income to the BSA jobs income to account for the opportunity cost of the contractors. Mine profits are calculated as the 500,000 oz/year production multiplied by the predicted difference between the world gold price and the mine's cost per ounce.

Plus de détails

Contract Mining: A Practical Guide

contracting out versus owner mining and at some different forms of the mining contract (eg, partnering, alliancing and traditional contract delivery). It will then look at some of the essential elements of a mining contract, drawn from the following: control and directions/variations; allocation of risk (ie site risk,

Plus de détails

Owner versus contract mining

A possible counter to the above contractor advantage is that the owner miner may be able to change the plan to suit the situation and the available fleet, …

Plus de détails

Owner versus contract mining | 82 | Mine Planning and …

Contractors offer mine owners a number of advantages for projects that have short mine lives, widely varying mining rates, limited company borrowing or credit capacity, complicated joint venture arrangements, a lack of mining experience, a policy of out-sourcing or a rigid labour market. This paper is based on the recent evaluation of owner ...

Plus de détails

In brief: mining rights and title in South Africa

A look at some of the key legal and practical considerations surrounding mining rights and title in South Africa, including the extent of state control, renewal and transfer of licences, and ...

Plus de détails

Contract Mining Services in Australia

Detailed research and segmentation for the main products and markets. An assessment of the competitive landscape and market shares for major companies. And of course, much more. IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries.

Plus de détails

Owner versus contract miner

Traditionally, contract mining has come at a cost premium of about 15% to 20% compared to an owner mining scenario. However, due to the large number of junior mining companies entering the mining arena in South Africa contract mining rates have increased, with cost premiums as high as 50% being reported. This paper looks at the …

Plus de détails

Royalty finance

Indeed there have been recent signs of life; Mining Indaba had a more positive mood than in recent years; gold has consistently remained above $1200 per ounce; the world's largest miner, BHP Billiton, recently returned to the black and paid a better-than-expected dividend; and new greenfield mining projects are attracting investment.

Plus de détails

Contractor vs owner operator – the price of everything and

1. The Principal produces metal and the Contractor shifts rock. Because their livelihood depends on it, Contractors are in most cases better than miners at: Purchasing machinery, spares and ...

Plus de détails

Contract Mining versus Owner Mining – The Way …

The results show that the decision to adopt owner mining or contract mining is influ- enced by the life of the mine, the availability and use of capital, and that contract mining helps …

Plus de détails

Selected Commercial Mining Agreements

Civil law versus common law concerns. ... with an emphasis on the specific features of each agreement that are inherent to the mining business. The risk element and the long-term funding needs ...

Plus de détails

Contract Mining Agreements--The Contract Miner's …

tract Mining Agreement- The Owner's Perspective, 86 W. VA. L. REV. 821 (1984), which describes ... miners attempt to define the difference between an economic interest and an economic advantage. The Supreme Court held in Parsons v. Smith. 9 . and Paragon Jewel Coal Company v. Commissioner

Plus de détails

Owner versus contract mining

An owner miner can still use hired equipment from contractors in the same way but it may require a lot more time and effort to organise and it may cost more (Kirk, 2002). A possible counter to the ...

Plus de détails

Contract Mining Agreement | Fortitude Gold Corp

This CONTRACT MINING AGREEMENT ("Contract") entered into on the 14 th date of November 2018 ("Effective Date"): Client, a company established in conformance with United States laws, authorized to conduct business in the U.S. and having an office at: (hereinafter referred to as "Contractor"). Owner and Contractor are sometimes together …

Plus de détails

Owner versus contract miner

Traditionally, contract mining has come at a cost premium of about 15% to 20% compared to owner mining. ... This paper looks at the merits of owner mining versus contract mining and describes under what conditions each option may be favourable. In addition, the methodology of entering into contract negotiations with the objective of ...

Plus de détails

Contract Mining Agreements--The Contract …

the contract mining relationship from the owner's perspective. 2 . Throughout the Article we refer to the person having right to mine the coal as the "owner" even though he may not …

Plus de détails

Contract Mining | Kiewit Corporation

Contract Mining. Kiewit has been a contract miner for more than 20 years throughout North America. Due to our long history of owning and operating mines, we think like an owner at every project we step foot on. Kiewit's world class safety performance, training, and project execution, which ensures our clients' projects are performed on time ...

Plus de détails

Service Risk Evaluation of the General Contract for Coal Mine

While specialized services continue to be developed in the mining industry, there has been a lack of corresponding risk management research in China. This study develops a risk assessment index framework of general contract for mine production and operational specialized service. From previous research, the risk factors for specialized …

Plus de détails

Owner-Operator versus Contractor Production Scheduling

Production scheduling optimisation in open pit gold mining is a complex problem as it is driven by economic criteria reflecting particular economic interests of the concerned parties in the mining business. The contemporary organisational forms of mining, such as owner-operator and contract mining, are a good example of this relationship. These forms are …

Plus de détails

Primer on the Philippine Minerals Industry

corresponding expenditures of the contractor in its contract area during a given period of time, including the plan and expenditures for development of host and neighboring communities and of local geoscience and mining technology, as submitted and approved in accordance with the implementing rules and regulations of the Mining Act.

Plus de détails