Of the companies which entered, DPSA was the fastest growing mining services company in the country in 2006-7 and the fifth fastest-growing company based in Queensland.

The company achieved its place based on an increase in turnover of 123%, in its first attempt at entering this prestigious competition.

DPSA Group CEO Neill Clur said he was proud of the excellent achievement, which was thanks to hard work and an outstanding team.

"This is a fantastic achievement by the whole team and I thank all our staff for their hard work - for the great leadership displayed by our managers and the individual and team efforts everyone makes, including the board for their guidance and our investors for their support," he said.

"We also thank our loyal customers, outstanding agencies and suppliers for their ongoing support and confidence in DPSA," he said.

"We have exciting plans for the next year, so watch this space!"