ASX:MYE

2 stories mentioning ASX:MYEUpdated 11m ago

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Mastermyne Group Sentenced to Pay AU$310,000 Penalty Over Fatal Moranbah North Mine Incident

Mastermyne Group (ASX:MYE) said it has accepted responsibility and entered a guilty plea in relation to legal proceedings arising from a fatal incident at the Moranbah North Mine in March 2022, which led to the death of mineworker Gavin Feltwell, according to a Tuesday Australian bourse filing.The Magistrates Court of Queensland sentenced Mastermyne to pay a financial penalty of AU$310,000 plus AU$54,000 in costs, with no conviction recorded, the filing added.

ASX:MYE

Asia53d ago

Mastermyne Group Unit Fined AU$7 Million by Queensland Court After Industrial Manslaughter Conviction

Mastermyne Group (ASX:MYE) said the District Court of Queensland fined its wholly-owned subsidiary, Mastermyne Crinum Operations, AU$7 million and also ordered it to pay the regulators costs of AU$300,000 as a consequence of the industrial manslaughter conviction, according to a Friday Australian bourse filing.An incident at the Crinum mine in September 2021 resulted in the death of Graham Dawson, and Resources Safety & Health Queensland investigated the incident, an earlier filing said. The Office of the Work Health and Safety Prosecutor brought two complaints against Mastermyne Crinum. The court returned a a guilty verdict for the industrial manslaughter charge.Mastermyne Crinum filed a notice of appeal, and a hearing date is yet to be determined.Mastermyne Group's shares surged almost 14% in recent Friday trade, hitting their highest since July 2024.

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