Macmahon Holdings has been chosen as the preferred mining contractor for the establishment and operation of the new Byerwen Coal Mine near Glenden in Bowen Basin, Queensland.

The establishment and operation of the mine is subject to the grant of mining leases.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Project proponent of Byerwen Coal Mine, QCoal, has notified Macmahon about its intention to enter exclusive negotiations and finalise the terms before reaching a mining services contract.

This proposed contract will be based initially on a cost reimbursable model and shift to a hybrid of schedule of rates and cost reimbursable model within the first year.

Macmahon will now begin mobilisation and other preparatory activities.

See Also:

"This is a quality project, which will deliver significant benefits to the local and state economy."

Its scope of work in the proposed contract is expected to cover the whole range of open-cut mining and bulk earthworks related services for at least three years.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

At this stage, the potential total material movement over three years is indicatively 50 million bank cubic metres every year. The potential value of the mining contract over its life is yet to be determined.

Macmahon CEO Michael Finnegan said: "This is a quality project, which will deliver significant benefits to the local and state economy.

"While there is still a lot of detail to be negotiated, we are buoyed by our selection as preferred contractor, which highlights our ability to compete for desirable new projects.  

"If we are successful in securing this opportunity, the project will mark our re-entry into the Queensland coal market following the successful conclusion of our Cameby Downs contract in 2013 and our Eaglefield contract in 2014 where we operated for ten-plus years."