Mining services contractor Macmahon Holdings has been selected as preferred contractor for the Groundrush exploration decline project in the Northern Territory.
Macmahon has lined up $440 million worth of work for restarting mothballed precious metal projects, after securing its second major mine revival contract this week.
Macmahon Holdings shares reached 61 cents early on Wednesday - their highest in 13 years - following the execution of two contracts with an overall value of $843 million.
Perth Airport-based contractor Macmahon Holdings has increased its Indonesian presence, after securing an underground mining contract with PT Freeport Indonesia.
Listed contractors Monadelphous, Macmahon, and SRG have reported bullish full-year results, buoyed by multi-billion-dollar pipelines and key contract extensions.Monadelphous
Macmahon Holdings has booked a further $144 million in civil works contracts, including provisions to deliver further upgrades to Marble Bar Road in the East Pilbara.
Michael Finnegan-led Macmahon Holdings has received notice of a three-year contract extension, valued at $900 million, for work at the Queensland-based Byerwen coking coalmine.
Macmahon Holdings has been awarded a contract over work on the Poboya gold project in Indonesia, with the deal expected to add $317 million to the company's orderbook.
Macmahon Holdings posted a reduced net profit of $30 million during the first half of the 2025 financial year, which was down 17.8 per cent from $36.5 million.
An expansion of WA's renewable energy sector is proceeding after a lull in activity, with contracts awarded for an expansion of one wind farm and construction of a second, new wind farm.
Mining services contractor Macmahon Holdings has booked a two-year contract extension at the Daisy Milano gold mine in the Goldfields, valued around $90 million.
The Macmahon Holdings subsidiary told the market this morning it had been awarded the tender for the upgrade of approximately 23 kilometres of Marble Bar Road.
Business News has significantly overhauled the BN30 index, a proxy for the WA economy, with seven new additions, prompted by the exit of takeover targets MMA Offshore, APM and Decmil.
ASX-listed Pilbara goldminer Calidus Resources has been handed over to receivers and administrators, with contractor Macmahon revealing a $34 million contract exposure.
Local contractor Macmahon Holdings has notched a $352 million three-year extension to its mining services contract with AngloGold Ashanti over a project in WA.
Mark Pownall and Jack McGinn discuss subsidy warnings; WA Labor's next generation; Hancock's Lynas stake, tailings clean up, Minderoo job cuts, Macmahon's move for Decmil and Inpex's Ichthys decision.
ASX-listed contractor Macmahon Holdings has offloaded a substantial portion of its mobile equipment fleet for about $44 million from a project in Queensland.
Western Australian contractors and mining services providers have detailed the impact of the nickel industry woes in half year results reported to the market.
Emeco will walk away from underground contract mining after selling its Pit N Portal business to rival Macmahon, in a deal allowing it to focus on underground equipment rental.
