Law library · Sierra Leone · The Diamond Agreements Shor: ti~Ie
Section 12, The Diamond Agreements Shor: ti~Ie
Status not yet checkedThe Diamond Agreements Shor: ti~Ie, Sierra Leone
(1) Nothing in this Licence shall preclude the Company fromengaging in the mining of minerals (other than diamond) of economic
importance in the area comprised in the Licence under any mining title
ltereafter to be granted.
(2) Any such mining shall be conducted in accordance with the law
applicable thereto for the time being in force in the Colony.
(3) The Company shall keep separate accounts of all such mining
operations and the profits therefrom shall (subject as provided in Sub-clause
(4)) be excluded from the provisions of Clause 4 hereof.
(4) In the event or such other minerals being recovered by the Company
in conjunction with the recovery of diamond the revenue resulting therefrom
shall be treated as revenue accruing from the production and disposal of
diamond and Clause 4 hereof shall accordingly apply thereto.
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