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The Mines & Minerals Department, Govt. of Assam has Constituted the District Mineral Foundation Trust as approved DMF Trust Deed in all Districts of the State of Assam other than the districts in the Sixth Schedule Area under the provisions of Section 9B of the Mines & Minerals (Development & Regulation) Amendment Act, 2015 vide notification No. PEM.40/2015/100 & 101 dated 26th August, 2016.
The Trust Deed emphasises the importance of cooperating with the Medical Bureau for Occupational Diseases (MBOD), and the Compensation Commissioner for Occupational Diseases (CCOD), which administer the state compensation system, and the National Institute of Occupational Health (NIOH). ... A crucial avenue of work is the development of a ...
The Trust Investment portfolio is an integral component of the CMCA benefits package, structured to ensure benefits flow to future generations beyond Ok Tedi mine closure. Investments are made in accordance with a Trust Deed, are highly visible in Western Province and have guaranteed returns, with the best possible asset managers.
3. OBJECTS OF THE TRUST: The object of the District Mineral Foundation Trust shall be to work for the interest and benefit of persons, and areas affected by mining related operations in the District in such manner as may be prescribed by the State Government.
Minnesota Department of Employment and Economic Development 332 Minnesota Street, Suite E200 Saint Paul, MN 55101
Royal Bafokeng Nation. A relevant and innovative traditional community in a changing world. The Royal Bafokeng Nation (RBN) is a traditionally governed community of 150 000 people living in 29 villages and owning 1200 km2 of land in the North West Province of South Africa, below which lies part of the world's largest platinum reserves.
The development of State land follows a sequence of allocation, regulation and management, as follows: 1. The State allocates land to a potential user for specified uses. 2. State departments, local government or some other public authority regulate activities in accordance with their own specific powers (e.g. the power to grant development
"Noteholder" and "holder" means the person in whose name is entered in the register of holders of such Notes as the holder thereof; "Notes" means the notes in registered form comprising the U.S.$ 1,000,000,000 4.875 per cent. guaranteed notes due 2020 of the Issuer, constituted by this Trust Deed or the principal amount thereof for the time being outstanding or, as the context may ...
The Mineral Assessment Hub administers mineral mining permits. These include mining leases, mineral development licences, exploration permits and prospecting permits. Mining claims and mining leases for opal, gemstones, corundum or other precious stones are now administered by the Mineral Assessment Hub. Level 9, 445 Flinders Street
The Model DMF Trust Deed and several state DMF rules ... create employment and infrastructure in mining regions. 2 Globally, the literature examining the linkages between mineral resource wealth and economic growth has found ... development, and conflict, and develop strategies which
South Deep Community Trust PURPOSE: To procure and utilise donations and other accruals to the Trust for payment to the Beneficiaries for: Community development projects – aimed at job creation, establishment of educational facilities, adult literacy as well as development of infrastructure …
The mining sector contributes 7.5% to South Africa's GDP, and directly employs 450 000 people. R. 517m. The amount that 18 companies surveyed by …
The shareholding of the Mine Community must be held in a trust created and managed by theUp MINING TRANSFORMATION AND DEVELOPMENT AGENCY. Mining Charter III Ownership Key insights Human Resource Development (HRD) Employment Equity O w n e r s h i p • •Must have min 50%+1 Black person shareholding, including voting rights If 30% or more Black
Development Trust (RBNDT) Supreme Council. Other Property. Infrastructure. Financials. Mining. Mining oil and . gas services. Education. Health. Economic . development Food. Security Public . utilities Environment. ... RBNDT Trust Deed, trustees are limited to serving on the board for a maximum
3S Media's Sustainable Development in Mining handbook is aimed at identifying and providing insight and engagement on the key issues affecting sustainable development in the mining …
The Trust Investment portfolio is an integral component of the CMCA benefits package, structured to ensure benefits flow to future generations beyond ok Tedi mine closure. Investments are made in accordance with a Trust Deed, are highly visible in Western Province and have guaranteed returns.
Cultural Heritage in the Pilbara. Many of our Pilbara iron ore operations are on or near land that is significant to Indigenous groups, including Traditional Owners. We recognise the cultural, spiritual and physical connections that Traditional Owners have with the land, water, plants and animals across the Pilbara region of Western Australia.
A trust deed had been located for the Krstic Trust and that trust deed contained a clause of this kind. If the trust deed for the Krstic Family Trust contained an ipso facto clause, the liquidator might not have been permitted to sell the property in the Company's liquidation.
A concession agreement is a contract that gives a company the right to operate a specific business within a government's jurisdiction or on another firm's property, subject to particular terms.
By Investigative Reporter – Wednesday 3 June 2020. FEATURES (Mining Index) – INVESTIGATIONS done by this publication reveal the existence of two separate Notarial Deeds of Trust for the Chiadzwa Community Development Trust (CCDT).This publication is in possession of copies of the two documents, both deemed 'original' Deeds, dated 8 th May 2009, allegedly notarised by …
Robert McLean. Robert is a senior partner in the firm's corporate and commercial group. He is a specialist in all aspects of corporate transactions, including financing, capital raising, public offerings, mergers, acquisitions, sales, reorganisations, and general contractual matters. Robert advises on aviation, technology, and communications ...
6 Community Trusts regarded successful • Royal Bafokeng Nation Development Trust – Mining – implemented many projects – 2004 - R5,6 billion in 10 years. • Sishen Iron Ore Company (SIOC) - Community Development Trust – 10 Trustees – 6 Board Committees – Chair – Independent Trustees - Beneficiaries - Gamagara Development
These include the long and complex court-approved Trust Deed to which Tshiamiso is required to adhere, including the eight-step process through which each claim must proceed; and the huge logistical and organisational cross-border infrastructure that the Trust has had to establish since its establishment in February 2020, complicated by having ...
Assisted clients with contract mining agreements and coal off-take agreements. Assisted various clients with sale and acquisition transactions, which included conducting due diligence investigations and drafting, inter alia, sale of share agreements, guarantees, land lease agreements and trust deeds.
African Mining Industry published under General Notice Number 1639 of 2004 in Government Gazette Number 26661 of 13 August 2004; "Deed" this trust deed including all and any annexures, schedules or attachments to it, as may be amended from time to time; "Employee" means any Patterson grade A, B or C employee of a member of the Group, who
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6. A deed to an unpatented mining claim. 7. A deed of gift. B. The affidavit and fee required by this article do not apply to a transfer of title: 1. Solely in order to provide or release security for a debt or obligation, including a trustee's deed pursuant to power of sale under a deed of trust. 2.
The Trust Deed also provides the rules under which the trust is operated and managed. Trust Deed and Guidelines. The Trust Deeds have very specific guidelines for the management of the funds. The guidelines provide for the investment, management and accounting of the equity and royalty funds. The Trust Deeds allow the trustee to distribute a ...
The current balance in ZCSOT coffers is RTGS$3.5 million. Sadly, mining is the lead foreign currency earner in Zimbabwe but fiscal linkages are backed by a weaker local currency – RTGS$. ZCSOT's footprint concerning infrastructure development, schools and clinics is visible in all 19 wards in Runde rural district.
One of the most important steps is to make sure the fund's trust deed permits it to develop property and that the development is in accordance with the fund's formal investment strategy.
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Funding construction of community infrastructure projects in the affected ... •Governed by an irrevocable Trust Deed, company constitution and management agreement ... -Provincial govt have 2% development levy from production Mining Sector - Landowners have a option of up to 5% equity interest in
Typically the trust deed or company's articles of association or memorandum of incorporation, would have been drafted to comply with section 37A, and these documents may have to be amended to change the objects of the rehabilitation fund and the purpose for which the rehabilitation fund was established.
