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Key development contracts yet to hit their straps: Mastermyne

MASTERMYNE’s development contracts with Whitehaven Coal for its Narrabri mine in New South Wales and with Peabody Energy’s North Goonyella mine in Queensland mobilised late in the first half of FY2018 are still to contribute at full run rate, according to the CEO Tony Caruso.

Lou Caruana
Mastermyne CEO Tony Caruso.

Mastermyne CEO Tony Caruso.

Over the past six months the contractor redeployed the majority of its mining fleet and successfully acquired additional equipment which has also been placed on hire in the new contracts.   "The company...

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