Mastermyne win underground development contract

Mastermyne has won a contract for underground roadway development services for a major global miner.

It did not state where, or with who, the contract will be executed.

The contract, slated to run over two years and with an option to extend for another 12 months, is expected to generate revenues of between $10 to $12 million per year for the duration of the contract.

According to Mastermyne, it will carry out the construction roadways for mine infrastructure both in seam and out of seam.

Work stated in August, and will employee around 50 full time staff.

 

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