Thursday, 27 June, 2013 - 11:47
Leighton’s $2.8bn deal a high-water mark
New growth opportunities will be few and far between for mining contractors, who are under pressure to trim their rates.The irony was inescapable.
Byrnecut is a Perth-based contract mining business with global operations. The group was established in Kalgoorlie in 1987.
It is 70%-owned by international investor Claudio Thyssen, through his company Thyssen Schachtbau, with directors holding the balance.
The group has multiple operations:
- Byrnecut Australia
- Byrnecut Offshore
- Murray Engineering
- Quattro Project Engineering
- Mining Plus
- Jetcrete
- Raising Australia
- BOAB
- SANO
Rank | Company | # | |
---|---|---|---|
1st | - | NRW Holdings | 4,560 |
2nd | ![]() |
Perenti | 4,155 |
3rd | ![]() |
Byrnecut | 3,300 |
4th | ![]() |
Thiess | 3,000 |
5th | - | WesTrac | 3,000 |
Rank | Company | # | |
---|---|---|---|
4th | ![]() |
Tattarang | $3.00bn |
5th | - | APM Human Services International | $2.30bn |
6th | ![]() |
Byrnecut | $2.02bn |
7th | ![]() |
ABN Group | $1.70bn |
8th | - | Atlas Iron | $1.54bn |
Rank | Company | # | |
---|---|---|---|
2nd | Hancock Prospecting | 4525 | |
3rd | Roy Hill Holdings | 4525 | |
4th | Byrnecut | 3300 | |
5th | Linkforce | 2400 | |
6th | BGC Australia | 1805 |
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NEWS: Tagged in Perseus approves new mine | 28 Jan 2025 |
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RANKING: 6 Down from 5 in Private Companies - Large list | 13 Dec 2024 |
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RANKING: 3 Down from 2 in Mining Services list | 19 Nov 2024 |
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UPDATED: Mining Services list | 30 Aug 2024 |
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UPDATED: Private Companies - Large list | 28 Aug 2024 |
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NEWS: Tagged in Byrnecut profit bounces back | 30 Apr 2024 |
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RANKING: 2 Up from 3 in Mining Services list | 18 Apr 2024 |
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NEWS: Tagged in Alcock’s back, billionaires branch out | 14 Feb 2024 |
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NEWS: Tagged in Bigger penalties for safety breaches | 02 Jan 2024 |
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UPDATED: Private Companies - Large list | 12 Dec 2023 |
New growth opportunities will be few and far between for mining contractors, who are under pressure to trim their rates.The irony was inescapable.
Mining contractor Byrnecut has been awarded a $200 million contract for underground mining at Sandfire Resources' DeGrussa copper-gold mine near Meekatharra.
FEATURE: Mineral Resources has shown the lengths to which mining services companies are willing to go to secure new work in the current flat market.
Business News’ annual mining services review highlights the large and diverse number of companies exporting their skills and expertise.
PYBAR Mining Services is positioning itself to take on the two dominant contractors in underground mining, after making two acquisitions in Western Australia and being named as preferred contractor for a new mine.
BGC is still WA’s largest private company, but Hancock Prospecting looms large.
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.
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.
Private equity funds are turning into long-term owners of some major WA businesses, after being unable to complete their planned exits.
Building age has emerged as the biggest factor in office vacancies in Perth’s suburbs, with newer developments struggling to attract tenants as the market gets tougher.
Australian mining contractors Murray Engineering and Byrnecut have been involved in the delivery of the first automated underground mine in Africa, for Randgold.
Mining contractor Byrnecut has won a contract to expand OZ Minerals’ Prominent Hill copper-gold project in South Australia, with the work expected to cost about $12 million.
Special Report: Falling commodity prices have led some mining contractors to circle the wagons, but others are cautiously targeting opportunities.
Saracen Mineral Holdings has named private company Byrnecut as its preferred contractor for a contract, valued at $440 million, for underground mining services at its Carosue Dam gold operation north of Kalgoorlie.
Ten gold sector leaders spoke in unison today about the damage they believe will flow from the state government’s hike in royalties, and also made clear they are targeting the Liberal Party to block the change.
Byrnecut executive chairman Steve Coughlan has slammed the state government’s decision to crack down on payroll tax exemptions, saying his company will no longer receive the exemption for courses being undertaken by 1,200 employees.
SPECIAL REPORT: Data from the annual BNiQ Search Engine biggest employers list suggests an economic recovery is under way as mining and civil contractors boost their workforce numbers.
Diversification helped Murray Engineering boost its revenue during the resources downturn, and the business is now hoping its technology focus will create future growth.
Jobs growth at Perth Airport was three times that of the CBD between 2011 and 2016 as property development in the area expands.
West African Resources has awarded a five-year, $152 million underground mining contract to fellow Perth-based miner Byrnecut at its Sanbrado gold project in Burkina Faso.
Australia's largest underground mining contractor Byrnecut Australia has reported a profit of $20.23 million for the 2018 calendar year, after lifting revenue to $991 million.
The ranking of WA’s largest private companies has changed dramatically over the past decade.
Victoria’s St Barbara has appointed Macmahon Holdings as the new mining contractor for its Gwalia operations near Leonora under a $500 million agreement.
Low-profile mining contractor Steve Coughlan is this year’s winner of the GJ Stokes Memorial Award, recognising his success in building Byrnecut into a global industry leader.
A Byrnecut underground worker has been fatally injured at OZ Minerals' Prominent Hill mine in South Australia.
Galena Mining has finalised contracts with GR Engineering Services and Byrnecut in relation to its $170 million Abra base metals project near Newman.
WA’s largest mining contractor has backed an Aboriginal training scheme that is delivering impressive results.
New data details the expansion of Andrew and Nicola Forrest’s private company, Tattarang. Click through to see our latest ranking and analysis of Western Australia's largest private companies.
The businesses that dominate the unlisted landscape are very different from 20 years ago.
Gold play Wiluna Mining has appointed administrators after months of growing pressure.
Administrators for Wiluna Mining will investigate details of a last-ditch capital raising that collected less than the company reported to the ASX in the weeks before its collapse.
Our updated ranking of WA’s largest and most profitable private companies has a mix of familiar and little-known names.
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.
The pipeline of big resources projects in WA increasingly features complex processing plants, despite a spate of large cost blowouts on projects currently under way.
The federal government’s proposed Same Job Same Pay legislation is a reflection of policy makers not living “in the real world”, according to Byrnecut Group executive director Steve Coughlan.
Liontown Resources has awarded a $1 billion underground mining services contract to Byrnecut as the market waits to hear whether it’s stretched the Kathleen Valley project budget.
Westgold Resources has revealed it is being prosecuted over a mine site fatality after Byrnecut, Northern Star Resources and Billabong Gold were fined more than $2 million.
The business dealings of Western Australia’s big-name billionaires may grab most of the headlines, but last year it was Dale Alcock’s ABN Group that deserved a closer look.
Mining contractor Byrnecut Australia has bounced back from a challenging 2022 to post an improved net profit after tax in 2023.
Perseus Mining has appointed Byrnecut as its primary mining contractor after approving a $124 million underground development at its Yaouré gold mine in Côte d’Ivoire.
The Byrnecut Group’s diversity and inclusion vision is to build an industry-leading culture of inclusion, where all people are supported to achieve their potential and are valued for the diverse, individual qualities they bring to work.
The Byrnecut Group’s diversity and inclusion vision is to build an industry-leading culture of inclusion, where all people are supported to achieve their potential and are valued for the diverse, individual qualities they bring to work.
Access to our data for Byrnecut is only available to paid subscribers with Data & Insights access.
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Byrnecut is included in 2 lists - Mining Services and Private Companies - Large.