Macmahon has secured an early contract agreement with Strandline Resources for the Coburn mineral sands project in Western Australia.
Macmahon Holdings’ GBF Underground Mining business has signed off on its contract with Silver Lake Resources to provide additional work at the Mount Monger gold mine in Western Australia.
Silver Lake Resources has appointed Macmahon’s newly acquired subsidiary GBF Group to deliver further work at the Mount Monger gold operations near Kalgoorlie, Western Australia.
Stay on top of the most popular stories on Australian Mining over the past week, including a review of the fall in iron ore prices since July.
Newcrest Mining has increased rates for Macmahon’s work at its Telfer gold project in Western Australia, putting an end to their contractual dispute.
Macmahon Holdings has made further updates to its board composition, appointing two new directors and transitioning the position of its chief executive officer.
Macmahon Holdings expects an “acceptable agreement” will be made with Newcrest Mining in the near future regarding an increase in revenue from contracts at the Telfer gold mine in Western Australia.
Macmahon Holdings will remain in a trading halt on the Australian Securities Exchange (ASX) in anticipation of an announcement about its contract dispute with Newcrest Mining.
Stay on top of the most popular stories on Australian Mining over the past week, including BHP’s plans to expand its Nickel West division in Western Australia.
Macmahon is set to escalate its contract dispute and pursue legal action against Newcrest Mining to get better rates for its work at the Telfer project in Western Australia.
Macmahon has moved to replace its outgoing directors by reappointing old non-executive director, Vyril Vella.
Stay on top of the most read articles on the Australian Mining website over the past week, including the Australian gold price’s continued rise to new heights beyond $2000 an ounce.
Macmahon Holdings has confirmed that it has made a $48 million takeover offer for GBF Underground Mining.
Macmahon and Newcrest Mining have stepped into good faith negotiations over the Telfer project in Western Australia, which could lead to litigation if unsuccessful.
Managing editor Ben Creagh travelled through Europe with Liebherr ahead of Bauma 2019 in Germany to discover the origins and future direction of the equipment manufacturer.
Macmahon has confirmed market speculation about its potential takeover of the GBF Underground Mining group, which could provide it with a strong access to the Western Australian Goldfields.
The Tropicana joint venture has cemented the Western Australian gold mine’s future by approving the Boston Shaker underground development.
Macmahon enjoyed increased activity in key projects during the six months ending December 2018, which puts the company on track to earning a billion dollar revenue this mid-year.
Byerwen Mine west of Collinsville may be well known to locals but the heavy machinery world will be scrambling for Google maps after a milestone delivery of a Caterpillar machine to the mine yesterday.
Mining contractor Macmahon has almost doubled its revenue growth to $710 million for the 2018 financial year in a significant improvement on 2017 figures.