UNDERGROUND

Mastermyne set to end 2019 strongly

RECENT contract renegotiations and improved performance across its operations has let underground coal contractor Mastermyne narrow its FY2019 revenue and earnings guidance to between $240-$250 million and $21-$22 million respectively.

 Mastermyne crew working on an underground coal contract.

Mastermyne crew working on an underground coal contract.

Mastermyne CEO Tony Caruso said the company's business continued strengthen through increased scope on existing contracts and improved production on its performance based contracts.   "The recent...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.