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Contract mining agreement is the contract between two parties, who are the owner of the mine and the contract miner. The owner of coal mine or any other mineral mine can engage a second party to work as an independent contractor in his mine. To do the same, both the parties need to sign a contract called the mining agreement.

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Constrained capital expenditure in coal mining is attracting many coal players to the build, own, operate and transfer (BOOT) solution for their coal processing plants. There is also growing scope for them to engage a wide range of integrated on-mine services.

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