Mining contractor Byrnecut Australia has recorded strong growth in revenue but a large fall in profit driven by higher expenses, two big impairments and bad and doubtful debts.
SPECIAL REPORT: Western Australia is a place best known for what it does below ground level, but entrepreneur Chris Hill believes we should look to the stars for the state's next big opportunity.
Kewdale-based RCT has installed its latest technology at AngloGold Ashanti's Sunrise Dam gold mine, which gives an operator control of numerous machines from a singular station.
Diversification helped Murray Engineering boost its revenue during the resources downturn, and the business is now hoping its technology focus will create future growth.
Australian mining contractors Murray Engineering and Byrnecut have been involved in the delivery of the first automated underground mine in Africa, for Randgold.
Byrnecut subsidiary Murray Engineering has expanded interstate with the acquisition of electrical and mechanical engineering business SRO Group for an undisclosed sum.
In a rare interview, Byrnecut executive chairman Steve Coughlan spoke to Business News about the growth of the low-profile mining contractor into one of WA's biggest private companies. Click through to see our comprehensive BNiQ list of private companies.
Cost cutting may be the order of the day across the resources industry, but mining services provider Murray Engineering is marching to the beat of its own drum – hiring at its Pinjarra headquarters and opening a larger Kalgoorlie office.
