OEMS AND SUPPLIERS

Mastermyne stages a turnaround

RECENT contract wins, scope growth on existing contracts and strong demand for equipment has flowed into a much stronger financial result for the first half of FY2018 for underground coal contractor Mastermyne.

Lou Caruana
Mastermyne CEO Tony Caruso.

Mastermyne CEO Tony Caruso.

Revenue in the first half increased 60% from the previous corresponding period to $91 million as new contracts at Peabody’s Wambo mine, South 32’s Appin mine and Anglo’s Moranbah North mine were fully...

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