Mastermyne Group (ASX:MYE) has been awarded a three-year development services contract worth about $20 million per annum from Anglo American (LON:AAL).
The contract covers the management and completion of development and mining related services in the underground process areas of operation including the longwall, development, panel support and infrastructure and operates across a number of sites in Queensland.
This includes:
- Capcoal Mining Complex – Grasstree mine;
- Grosvenor project; and
- Moranbah North mine.
The contract replaces the existing roadway development contract at Moranbah North Mine which expired in December 2014.
It includes options to extend the contract annually for an additional two years.
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