Metarock Group Limited says its Mastermyne division has executed a contract for additional mining works at Whitehaven Coal Limited’s Narrabri mine, in New South Wales, Australia, over and above the existing scope of works which commenced in late 2022.
The new contract relates to the operation of an additional development panel and is for a term of three years, valued at approximately A$60 million ($38 million) in total revenue.
Commenting on the contract award, Metarock’s Interim Chief Executive Officer, Jeff Whiteman, said: “I am delighted to announce this new contract with our valued client at Narrabri. I believe that it is a firm testament to the strong relationships that Mastermyne develops with its clients founded upon the consistent quality of work performed.”
Last year, Mastermyne secured a new two-year fixed term contract (plus two-year extension option) with Whitehaven Coal for the cut and flit mining method at Narrabri, with the agreement representing a remobilisation of a former similar cut and flit contract which Mastermyne performed for Narrabri from 2017-2020.