SURFACE

A better Brierty loss

ANOTHER year, another loss for embattled contractor Brierty. However, the $2.9 million statutory net loss after tax is an improvement on the $52.4 million NLAT it posted in 2015-16.

Noel Dyson
It has been another tough year for Brierty.

It has been another tough year for Brierty.

Cashflow from operations also improved. This year it posted a $3.9 million inflow. Last year it was a $7.6 million outflow. Gross debt was also reduced by $7.4 million. The company’s order book at...

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

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.