Currently viewing Global edition

Barminco promises better FY18

Barminco looks set to persevere in India after the contractor last month renegotiated terms of a previous three-year deal with Hindustan Zinc to stem losses which impacted its FY16-17 financial results.

Barminco promises better FY18 Barminco promises better FY18 Barminco promises better FY18 Barminco promises better FY18 Barminco promises better FY18

Barmino has a positive outlook for underground mining in Australia, Africa and India

 

The group holding company's A$98.68 million net loss for the year (compared with a $48.4 million net profit in FY15-16) on total group revenues of $691.1 million ($585.