Mastermyne
Mastermyne Group Limited (ASX: MYE) is an Australian underground coal mining contractor providing roadway development, longwall relocations, ventilation, and strata control services to major coal operators across Queensland and New South Wales, with subsidiaries Wilson Mining and MyneSight.
- Company typePublic
- Founded1996
- HeadquartersMackay, Australia
- Headcount251–500
- GTM typeB2B
- OfferingServices
Mastermyne firmographics
Firmographics- Name
- Mastermyne
- Legal name
- Mastermyne Group Limited
- Website
- https://mastermyne.com.au
- Company type
- Public
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Mastermyne Group Limited (ASX: MYE) is an Australian underground coal mining contractor providing roadway development, longwall relocations, ventilation, and strata control services to major coal operators across Queensland and New South Wales, with subsidiaries Wilson Mining and MyneSight.
- Ownership category
- akta.pro rank
Mastermyne industry classification
Industry- Product category
- Mining Contracting Services
- NAICS
- Support Activities for Coal Mining (213113), Support Activities for Mining (213), Underground Coal Mining (212115)
- SIC
- Heavy Construction Other Than Bldg Const - Contractors (1600), Bituminous Coal & Lignite Mining (1220)
- akta.pro primary industry
- Mine Construction & Development Contracting (Shaft Sinking, Tunneling, Pre-Strip, Civil Works) (IMAKAKAG)
- akta.pro secondary industries
- Coal Extraction Operations (Surface & Underground) (IMAKAIAG), Blasting & Explosives Services (Drill-and-Blast, Explosives Supply, Shot Services) (IMAKAKAC)
Keywords
Where Mastermyne is headquartered
LocationHeadquarters
- HQ city
- Mackay
- HQ country
- Australia
- HQ region
- Oceania
Offices5 records
Markets served
Mastermyne business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D
Revenue model
- Contract Mining Services: Underground coal mining contracting services including roadway development, installation of conveyors, longwall relocations, and mine operations management. Revenue generated through service contracts with coal mine operators.
- Specialist Products (Wilson Mining): Sale and distribution of specialized underground mining products including cavity fill materials, strata consolidation resins and foams, and ventilation control devices.
- Engineering Services: Specialized engineering services and equipment manufacturing including design and engineering of specialized mining equipment and consumables.
- Electrical and Mechanical Services: Surface and underground electrical and mechanical maintenance services for open cut and underground coal mines including major asset shutdowns.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Contract-based mining services |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Mastermyne product offering
Product offeringCore offering
Mastermyne provides underground coal mining contracting services including roadway development, materials handling systems, longwall relocations, ventilation, secondary support, and outbye services to coal mine operators across Australia's Bowen Basin and NSW coalfields. Through wholly owned subsidiary Wilson Mining, the company also distributes specialist strata control products (cavity fill, resins, and foams), and through MyneSight delivers registered training organisation services for the resources industry.
Product overview
Mastermyne Group Limited operates as a leading Australian underground coal mining contractor offering a diversified portfolio of services and specialized products. The core business is Mastermyne, which provides underground coal mining services including roadway development, materials handling systems, longwall relocations, ventilation, secondary support, and outbye services. The company maintains two key subsidiaries: Wilson Mining (specializing in cavity fill, strata consolidation, and ventilation control devices, and serving as exclusive Australian distributor for Weber Mining's resin and foam products), and MyneSight (a specialist training business operating the Myne Start underground simulation facility and cleanskin programs). The company operates across Queensland's Bowen Basin and NSW Illawarra region, providing both contract mining services and specialized equipment solutions.
Differentiator
Problem solved
Functional benefit
Brands
- Wilson Mining: Specialist strata control products business offering cavity fill, strata consolidation, and ventilation control devices. Exclusive Australian distributor for Weber Mining's high-performance resins and foams including Rocsil, Fenoflex, Marithan, and Marisil.
- MyneSight
Products and services
- Underground Coal Mining Contracting Services Core underground coal mining contracting services including roadway development, materials handling systems, longwall relocations, ventilation, secondary support, outbye services, and labour and equipment supply, provided to coal mine operators across Australia's Bowen Basin (Queensland) and NSW coalfields.
- Wilson Mining Strata Control Products Specialist strata control products including cavity fill, strata consolidation, and ventilation control devices. Wilson Mining serves as the exclusive Australian distributor for Weber Mining's high-performance resins and foams including Rocsil, Fenoflex, Marithan, and Marisil products, used in underground mining applications for ground control and stability.
- MyneSight Training Services Specialist resources industry training delivered through the Myne Start underground simulation training facility in Mackay, operating as a Registered Training Organisation (RTO 31900). Provides cleanskin programs, underground simulation training, and apprenticeship pathways for the mining sector.
- Mining Engineering and Equipment Manufacturing Services Specialized engineering services and equipment manufacturing including design and engineering of specialized underground mining equipment and consumables, provided through Mastermyne Engineering workshops in Yeppoon (Queensland) and the Hunter Valley (NSW).
- Electrical and Mechanical Maintenance Services Surface and underground electrical and mechanical maintenance services for open cut and underground coal mines, including major asset shutdowns.
Quantifiable outcome
- 365+ days recordable injury free achieved at multiple sites including Integra, Ulan West
- +2 more outcomes
Companies that use Mastermyne
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Mastermyne technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Mastermyne partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- JENNMAR (Weber Mining acquisition)coreJENNMAR acquired Weber Mining. Mastermyne, together with wholly owned subsidiary Wilson Mining, remains the exclusive Australian distributor for Weber Mining's high-performance resins and foams including Rocsil, Fenoflex, Marithan, and Marisil products.
- PYBAR Mining ServicescoreHard rock contracting company acquired in 2021 that led to creation of Metarock Group. Sister company providing opportunities for cross-business collaboration especially around strata consolidation for Wilson Mining team.
- Whitehaven Coal LimitedcoreMastermyne has partnered with Whitehaven Coal since 2016 for Narrabri mine operations. Extended partnership with Gateroad Development contract addition to existing Cut and Flit contract, providing employment stability.
- Wilson MiningcoreAcquired by Mastermyne Group in 2019. Wilson Mining is a market leader in cavity fill, strata consolidation and ventilation control devices. Integral part of services offered by Mastermyne Group.
- University of WollongongminorPartnership offering final year engineering students opportunity to conduct research at Appin Colliery as part of thesis projects, focusing on time in motion studies for secondary support.
- CQUniversityminorScholarship Partnership Agreement renewed for 2018-2019 providing financial assistance to students studying Engineering, Business, Law, or Finance/Accounting, with paid work experience opportunities.
- 4Sight Training SolutionsminorTraining provider that runs courses at the Myne Start training facility on Prospect Street in Mackay for the Mine Readiness Program.
- Custom FluidpowerminorHosts 4th year Diesel Fitting apprentices on external rotation, providing additional experience in hydraulics and pneumatics for Mastermyne apprentices.
- Resources Centre of ExcellenceminorProvides underground simulation facility used by Mastermyne's cleanskin program for training new miners in a visually and physically real environment.
Scale indicators5 records
Recent moves10 records
Expansion highlights6 records
Mastermyne competitors and assessment
Company assessmentDirect peers
- Thiess Contractors: Australia's largest mining contractor (CIMIC Group subsidiary) and the most direct peer to Mastermyne, providing underground coal mining, materials handling, and longwall operations services to the same Tier-1 coal operators across the Bowen Basin and NSW. Operates at larger scale across the same customers and service lines.
- Byrnecut Group: Australian-owned underground mining contractor specializing in mechanized development and production for coal and hard-rock clients; directly comparable to Mastermyne on underground roadway development, production contracting, and Tier-1 miner customer base.
- Barminco (Perenti): Leading underground hard-rock mining contractor owned by Perenti Global; comparable underground development and production services model to Mastermyne's underground contracting business, with a similar mine-operator customer profile and contract-based revenue model.
- Macmahon Holdings: ASX-listed mining services contractor providing underground and surface mining services across Australia; directly comparable to Mastermyne on contract mining model, coal and gold exposure, and ASX-listed small-cap profile.
- NRW Holdings: ASX-listed diversified mining and civil contractor with underground mining services; comparable Australian underground mining contracting capabilities and customer base to Mastermyne, though with broader civil and surface exposure.
- Pit N Portal: Australian underground coal mining contractor providing roadway development, longwall relocations, and outbye services to coal operators in NSW and Queensland; the closest like-for-like private competitor to Mastermyne on underground coal contracting scope and geography.
Broad incumbents
- Sedgman (CIMIC Group): CIMIC-owned mineral processing and mining services provider; broader incumbent offering complementary services to Mastermyne's contracting focus, including engineering, procurement, construction and operations support for mining clients.
- Downer EDI: ASX-listed integrated services company with a Mining division providing open-cut and underground mining services to Australian coal and metal miners; much larger and more diversified than Mastermyne but operates in the same contract mining category with the same customers.
Emerging players
- Emeco Holdings: ASX-listed mining equipment rental and maintenance provider serving Australian underground and surface miners; complementary rather than direct competitor — comparable customer base but focuses on equipment fleet rather than labor-led contracting.
- DDH1 Drilling: ASX-listed drilling services contractor providing exploration, production, and grade-control drilling to Australian miners; partial overlap with Mastermyne's underground contracting customer base but focused on drilling rather than full mine operations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Mastermyne social profiles
Digital presenceMastermyne financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mastermyne leadership team
Management profileNumber of profiles
Profiles7 records
Mastermyne subsidiaries and ownership
Company hierarchySubsidiaries3 records
Mastermyne funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mastermyne M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mastermyne
What does Mastermyne do?
Mastermyne provides underground coal mining contracting services including roadway development, materials handling systems, longwall relocations, ventilation, secondary support, and outbye services to coal mine operators across Australia's Bowen Basin and NSW coalfields. Through wholly owned subsidiary Wilson Mining, the company also distributes specialist strata control products (cavity fill, resins, and foams), and through MyneSight delivers registered training organisation services for the resources industry.
Is Mastermyne a public or private company?
Mastermyne is a public company. It is classified as public and is currently operating.
When was Mastermyne founded?
Mastermyne was founded in 1996. It employs 251 to 500 people.
Where is Mastermyne based?
Mastermyne is headquartered in Mackay, Australia, in the Oceania region.
How does Mastermyne make money?
Four revenue lines are on record. Contract Mining Services are the primary driver. The others are specialist Products (Wilson Mining), engineering Services and electrical and Mechanical Services.
Who are Mastermyne's main competitors?
Direct peers on record are Thiess Contractors, Byrnecut Group, Barminco (Perenti), Macmahon Holdings, NRW Holdings and Pit N Portal. Broad incumbents are Sedgman (CIMIC Group) and Downer EDI. Emerging players are Emeco Holdings and DDH1 Drilling.
Does Mastermyne have an API?
No public API is recorded for Mastermyne.
What industry is Mastermyne in?
Mastermyne's product category is Mining Contracting Services. Its primary akta.pro industry code is IMAKAKAG, Mine Construction & Development Contracting (Shaft Sinking, Tunneling, Pre-Strip, Civil Works), with a secondary code of IMAKAIAG, Coal Extraction Operations (Surface & Underground). Its NAICS code is 213113 and its SIC code is 1600.