Original article by Paul Garvey
The Australian – Page: 22 : 29-Sep-16

Unlisted mining services group Barminco has posted a net profit of $A42.4m for 2015-16, compared with a net loss of $A48.4m previously, while EBIT rose from $A43.6 million to $A57m. Barminco now boasts debt of just $US306m after repaying some $US79.8m ($104m) during fiscal 2016. The group has benefited from its strong presence in the gold sector, which accounts for more than 50 per cent of its contracts.

CORPORATES
BARMINCO PTY LTD, GRESHAM PRIVATE EQUITY LIMITED, NORTHERN STAR RESOURCES LIMITED – ASX NST