Attached files
file | filename |
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EX-31.2 - BEKEM METALS INC | ex312k123109.htm |
EX-31.1 - BEKEM METALS INC | ex311k123109.htm |
10-K - FORM 10-K YEAR ENDED DECEMBER 31, 2009 - BEKEM METALS INC | k123109.htm |
EX-32.2 - BEKEM METALS INC | ex322k123109.htm |
EX-32.1 - BEKEM METALS INC | ex321k123109.htm |
EX-21.1 - BEKEM METALS INC | ex211k123109.htm |
EX-10.25 - BEKEM METALS INC | ex1025k123109.htm |
EX-10.26 - BEKEM METALS INC | ex1026k123109.htm |
EX-10.30 - BEKEM METALS INC | ex1030k123109.htm |
EX-1.28 - BEKEM METALS INC | ex1028k123109.htm |
Exhibit
10.27
State
registration No. 1949 as of 19 January 2006
ADDENDUM
No. 2
to
the Contract for mining of nickel-cobalt ore at Novo-Shandashinsk and
Kara-Obinsk deposits in Aktyubinsk oblast of the Republic of
Kazakhstan
in accordance with the Licences
No.420 and No.426 as of 12.10.95
between
MINISTRY
OF ENERGY AND MINERAL RESOURCES
of
the Republic of Kazakhstan
(Competent
Body)
and
“Kyzyl
Kain Mamyt”LLP
(Contractor)
Astana,
2006
(English
Translation)
Present
addendum No. 2 to the Contract for mining of nickel-cobalt ore at
Novo-Shandashinsk and Kara-Obinsk deposits in Aktyubinsk oblast of the Republic
of Kazakhstan in accordance with the
Licenses No.420 and No.426 as of 12.10.95 was made on 19 January 2006
between the Ministry of Energy and Mineral Resources of the Republic of
Kazakhstan (hereafter referred to as “Competent Body”) and “Kyzyl Kain Mamyt”
Limited Liability Partnership (hereafter referred to as
“Contract”).
PREAMBLE
WHEREAS
In view
of the absence of the marketing area, the Contractor intends to proceed with
construction of the nickel processing plant to provide for the nickel ore
production at the contract projects.
The
expert commission for review of requests of the subsurface users to change the
conditions of the Licenses and Contracts (Minutes No. 16 as of 01 June 2005)
decided to introduce amendments into the Work Program of the Contract in
accordance with the perspective plans to construct the nickel processing
plant
The
Competent Body and the Contractor have agreed as follows:
1.
|
Clause
10 in Section 1 of the Contract “Definitions” shall be amended as
follows:
|
“10. The
Competent Body means the Ministry of Energy and Mineral Resources of the
Republic of Kazakhstan”
2.
|
Throughout
the text of the Contract to change the words “Investment Agency of the
Republic of
Kazakhstan” to “Ministry of Energy and Mineral
Resources of the Republic of
Kazakhstan”
|
3.
|
In
clauses 5.4.-5.7 in Section 5 of the Contract “Title to assets and
information” to change the words “Committee of Geology and Protection of
Mineral Resourses under the Ministry of Natural Resources and
Environmental Protection of the Republic of Kazakhstan” to “Committee of Geology and
Protection of Subsurface Use under the Ministry of Energy and
Mineral Resources of the Republic of
Kazakhstan”
|
4.
|
To
add clause 7.2.11 in Section 5 of the Contract “General rights and
obligations of the Parties as follows: “Therewith, when the amount of
funds under the obligation to train and retrain the personnel and
computerization exceeds the real need to train the engaged personnel, the
Contractor will use the remaining amount for financing of the secondary
education system’s priority tasks in accordance with Agreement on
Cooperation between the Ministry of Education and Science of the Republic of
Kazakhstan and the Ministry of Energy and Mineral
Resources of the Republic of Kazakhstan. Information on the remaining part
of funds will be submitted to the Competent Body upon approval of the
annual Work Program and budget for the following year of the Contract
term”.
|
|
Section
8 shall be added clause 8.4. “The Contractor shall finance 100 million USD
for the construction of the mining-and-metallurgical integrated plant for
the remaining period of the Contract
term.
|
5.
|
Clause
31.2. in Section 31 of the Contract “Additional Provisions” shall be
amended as follows:
|
|
“29.2
Notices and documents shall be delivered in hand or sent by post,
registered airmail, fax, by telex at the following
addresses:
|
COMPETENT
BODY CONTRACTOR
Ministry
of Energy
and “Kyzyl
Kain Mamyt” LLP
Mineral
Resources of
the Republic of
Kazakhstan
Republic
of
Kazakhstan 469830,
Aktyubinsk oblast,
473000,
Astana Kargalinsk
region,
Kabanbay
batyr str.,
22
Badamninsk village
Tel.:
8 (3172)
78-68-55
Lenin str., 20
Fax:
8 (3172) 78-68-65
6.
|
To
change the Work Program (Appendix 1a) to the Work
Program to the Contract (Appendix 1c).
|
Present
addendum No. 2 to the Contract was made on 19 January 2006 in Astana, Republic of
Kazakhstan and signed by the authorized representatives of the
Parties.
SIGNATURES
OF PARTIES
COMPETENT
BODY CONTRACTOR
__________________ ____________________
B.
Izmukhambetov A.
Aleksandrov
First
Vice-Minister Director
of
of
the Ministry of
Energy “Kyzyl
Kain Mamyt” LLP
and
Mineral Resources
of
the Republic of Kazakhstan