THE team at Barkly Engineering aren't scared off by uncertainty in the mining industry, having just invested in hundreds of thousands of dollars' worth of machinery.
Barkly Engineering acting general manager Mitch Warrener said having been in the city for more than 30 years, the business had seen ups and downs but thought rather than slowing down, they should invest more in the region. "With the diversity of commodities in the region there's the opportunity to capture more of the market share," he said.
"Mount Isa is in a key position to continue in the industry and we're keen to invest in the region before it picks up again."
Mr Warrener said the new horizontal bore purchased by the company was the largest of its type owned by a private company in the region, with an eight tonne capacity.
"There are plenty of rumours around (about the future of mining) but we're continuing amidst the market decline and continuing to develop the market value by investing," he said.