Win-win contract to ensure successful partnerships

摘要

Law firm Webber Wentzel Attorneys partner Megan Jarvis says that, for a contract mining agreement to be successful, it needs to be equally beneficial for both the mining contractor and the holder of the mining rights. A mining company should achieve its aim of meeting its production target in accordance with the company's planned production schedule, while the contract miner should make a reasonable margin of profit from the con-tract mining activities.