Pursuant to the joint venture agreements, BHP Billiton will first separately offer to the joint venture parties its interest in each of the Core and Buffer Zones on the same terms as those agreed to by Harry Winston.
FORBES: Harry Winston to Purchase Ekati Diamond Mine For $500 Million
In correspondence to the Seville strategy, all clusters have core area, buffer zone and transition zone.
The core area and buffer zone have only light infrastructure dedicated to research, public use, institutional events and surveillance activities.
The Core Zone and the Buffer Zone are subject to separate joint venture agreements.
FORBES: Harry Winston to Purchase Ekati Diamond Mine For $500 Million
Both the core area and the buffer zone are part of the Mount Kuwol Nature Reserve, which was designated in 1976.
The Bank of England's Financial Stability Review shows that Barclays' retail banking loans in Spain, Italy and bailed-out Portugal are equivalent to a bit more than its core equity capital - its buffer against losses.
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The buffer zones in the master plan are designed to protect core areas in Lumbini, including the Sacred Garden, and insulate the site from external noises and disturbances.
The core area of Achanakmar-Amarkantak consists of the protected forest land while the buffer zone and the transition area are characterised by forests, agricultural and rehabilitated land and small suburban clusters.
The repurchases are helping banks boost their core Tier 1 capital ratios a key measure of a bank's loss-absorbing buffer ahead of Basel III banking rules.
The Ekati Diamond Mine, located in the Northwest Territories of Canada, consists of the Core Zone, which includes the current operating mine and other permitted kimberlite pipes, as well as the Buffer Zone, an adjacent area hosting kimberlite pipes having both development and exploration potential.
FORBES: Harry Winston to Purchase Ekati Diamond Mine For $500 Million
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