Mastermyne win BHP coal contract

Mastermyne has been awarded a contract for services at BHP's Appin Area 9 project.

According to Mastermyne it will see the company provide development drivage and outbye services.
It will begin in march and run for around two years and a half year, employing 60 people once fully mobilised, including personnel transitioning from the Dendrobium mine.

Tony Caruso, Mastermyne's managing director, attributed the win to its long term relationship with BHP.

He went on to say that this contract was one of several the company had been working on in the lead up to Christmas and that he was confident the number of awards will increase in the next three months.

"Like many we have felt the effects of the slowdown across the coal sector last year and we have seen some contraction in our workforce and equipment fleet which impact in the second half earnings for FY2013.

"But with this Appin Area 9 contract, several other tenders that company is in discussions on and the solid tender pipeline we are confident that the Mastermyne Group will continue to build on the FY2014 order book," Caruso said.

He added that it is also in discussions regarding the Newstan contract with Centennial Coal, finalising the demobilisation costs from the project, and was unable to provide an update.

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