A contract mining agreement is a type of agreement created between a contract miner and the owner of the mine where the terms and conditions of the services and payment are mentioned. Mining is a very big industry and every year thousands of contractors are assigned to do mining work in coal mines, precious metals mines and so on. The agreement must clearly mention the names of the parties involved in the agreement and the name of mines where the contractor’s services will be required.
The rest of the agreement must mention what kind of work is expected from the independent contractor, what will be provided to him and what he has to supply from his own. It must also mention the duration of the contract and the payment that will be made by the owner of the miner to the contractor. The mined product must also meet certain standards of the company and may be inspected before any payment is made to the contractor.
Contract Mining Agreement
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