Mining Uptake Agreements
Infrastructure
As one of the largest users of Canada's transportation sector, the mining industry's success depends on its ability to move its products to market efficiently, at competitive prices and on modern infrastructure such as …
Offtake Agreements · Offtake Agreements in …
Offtake Agreement Key Takeaways. An Offtake Agreement is a contract between the project company and an off-taker which provides for the purchase and sale of resources which will be produced as a result of …
Mining Contracts: How to read and understand them
Drawing from several of the contracts on resourcecontracts, Mining Contracts: How to Read and Understand Them highlights explores the policy questions …
Mining Off-Take Agreements in South Africa: A …
Mining off-take agreements are essential contracts in the mining industry that govern the sale and purchase of minerals or commodities between mining companies and buyers. South Africa, known for its rich mineral resources, has a significant mining sector, and off-take agreements play a crucial role
Proposing Formalized Service Level Agreements (SLAs) …
Service Level Agreements (SLAs) define performance expectations between providers and customers. In logistics, SLAs play a crucial role in ensuring customer satisfaction. However, X's Limited Liability Company (LLC) lacks formalized SLAs, which indirectly led to late deliveries and inconsistencies in service delivery. This study …
Offtake Agreement
Such agreements are widely prevalent in mining, oil and gas exploration, and agriculture. The main objective of the offtake agreement is to enable the producer to obtain easy finance and a guaranteed buyer for its future products. This type of agreement benefits both the buyer and the seller alike. While the seller has an assured market for its ...
Oman signs two new mining concession agreements
Muscat – Oman's Ministry of Energy and Minerals announced on Wednesday the signing of two new mining concession agreements for the development of Concession Areas 11-A and 51-F, as part of the sultanate's efforts to expand its mining industry.The agreements were signed with Oman Chromite Company and Minerals Development …
OMS Guide
The development and implementation of operation, maintenance, and surveillance (OMS) activities, described in a site-specific OMS manual, is essential to implementing a tailings management plan, meeting performance objectives and managing risk. Companies that do not effectively implement OMS activities cannot adequately understand their risks, …
Tailings Management
For over 20 years, the Mining Association of Canada (MAC) has led the way in responsible tailings management. Tailings management has been a significant focus of MAC's work, particularly through its Towards Sustainable Mining (TSM) program.. Tailings are a by-product of mining, consisting of the processed rock or soil left over from the separation …
Mining companies and traders expect human …
Today, when it comes to discussing the respect and protection of human rights in the responsible mining and sourcing of minerals, a number of legal requirements have come, or are coming, into effect across continents, …
Protocols & Guides
The TSM Guiding Principles are backed by a suite of protocols against which mining companies measure and publicly report their performance in the annual TSM Progress Reports. Each protocol is made up of a set of indicators that are designed to measure the quality and comprehensiveness of facility-level management systems and are intended …
Key issues in an offtake agreement
Broadly stated, the key factors to consider in an offtake agreement are the term, price, and creditworthiness of the off-taker. Read More: Key Issues in an Offtake Agreement. With …
What Is an Offtake Agreement in Project Financing?
The term offtake agreement refers to an arrangement between a producer and buyer to purchase or sell portions of the producer's upcoming goods. Offtake agreements often help selling companies acquire project financing for future construction, expansion projects, or new equipment through the promise of futur…
Miner expands renewables uptake
Platinum group metals (PGMs) and chrome co-producer Tharisa Minerals has entered into a long-term power purchase agreement (PPA) for the procurement of wheeled renewable energy for its Tharisa ...
MINING COMPANIES AND TRADERS EXPECT HUMAN …
Today, when it comes to discussing the respect and protection of human rights in the responsible mining and sourcing of minerals, several legal requirements have come or are coming, into effect across continents, as well as recommended guidance and frameworks, such as the recently updated OECD Guidelines from Multinational …
Mining Joint Venture Agreement Sample Contracts
Printer-friendly Joint Venture Agreement - Randgold and Exploration Co. Ltd. and Eurasia Mining plc (Randgold) - Exploration Company Limited Letterhead) Mr. Michael Martino Eurasia Mining plc 14-16 Regent Street London SW1Y 4PH ENGLAND October 18, 2002 Dear Sir DOORNBOSCH PROJECT This letter (The letter of agreement) outlines the …
External Verification
How Verification Works Within Towards Sustainable Mining (TSM), a process of external verification was established to ensure that companies' reporting on TSM performance indicators is consistent, accurate and transparent. Every three years, a trained and accredited verifier critically reviews a company's self-assessments to determine if there …
Offtake Agreements as Alternative Financing Options
Telson Mining, a Canadian based mining company producing gold, silver and base metals, entered into two offtake agreements in 2017 with Trafigura to sell 100 …
Become a Member
Benefits of Membership The Mining Association of Canada (MAC) has a strong presence in Ottawa and works with members to represent our industry's interests to government and other important industry stakeholders. Membership enables companies to: Be a part of a unified voice that promotes a strong and competitive Canadian mining industry …
Emily Sexton on LinkedIn: Martu land council terminates mining …
This is a really good example for proponents and native title holders! Agreements really matter. 💡 Strong Agreements Strong agreements aren't just legal…
Performance Reports & Awards
Transparent reporting of TSM performance allows the mining sector's communities of interest to take a detailed look at the sustainability performance of specific mine sites. Each year, facilities must assess and publish their performance against the performance indicators outlined the TSM Protocols. These results are externally verified every three …
Protection: With 490 impact and benefit agreements, Canada's mining
Partners in growth and protection. With 455 impact and benefit agreements and counting, Canada's mining companies work closely with Indigenous communities to create jobs and protect the environment.
Equitable, Diverse, and Inclusive Workplaces
Equity, diversity, and inclusion are strategic priorities and shared values for the mining sector. Mining Association of Canada (MAC) members recognize that people are a great asset and that an equitable, diverse, and inclusive workforce facilitates effective problem-solving, creativity and innovation. There is no place for inequity, harassment, …
Preventing Child and Forced Labour
In 2017, the Mining Association of Canada added two new components to the TSM initiative to contribute to global efforts in preventing the use of child and forced labour in the mining supply chain, and to provide the information needed to demonstrate the responsible sourcing of minerals and metals. As part of the TSM Guiding Principles, MAC members […]
Purchase Agreement between Yanzhou Coal Mining Limited …
EXHIBIT 4.5 . Execution Copy . NAP PURCHASE AGREEMENT . THIS AGREEMENT made as of July 18, 2011 . BETWEEN: NORTH ATLANTIC POTASH INC., a corporation incorporated under the laws of Saskatchewan and having its head office at 374 Third Avenue South, Saskatoon, SK S7K 1M5 (the "Vendor") OF THE FIRST PART - …
Critical Minerals
China has long been a major supplier of these minerals but Canada has an opportunity to play a larger role in this marketplace, as customers look for products made to high environmental standards, exemplified by Canada's Towards Sustainable Mining program, developed by the Mining Association of Canada (MAC). Without a sustainable and …
Five trends shaping the mining sector in 2024
As a major driver of economic activity and employment, the global mining sector is shaped by diverse market factors. This high-level overview explores some of the trends and factors likely to influence …
Facts & Figures 2024
Climate Change Initiatives and Innovations in the Mining Industry; Mining and its Role in Clean Technology; Corporate Responsibility. Community; Diversity and Inclusion Initiatives In …
Board of Directors
The Mining Association of Canada (MAC) is governed by a team of industry leaders from our membership who were selected for their breadth and depth of mining experience. Through their strategic guidance and oversight, these professionals collectively play a vital role in advancing the work of MAC and the industry at large.
Corporate Responsibility
The Canadian mining industry knows that there is a right way and a wrong way to operate. Doing it right builds trust among communities and decision-makers, and reduces key business risks – both critical elements to a company's bottom line. The business of mining carries great responsibility to the communities that surround operations and to […]