News Articles for MACA

MACA has been named preferred contractor for a $100 million open pit mining services job at Ramelius Resources' Mt Magnet gold project.

MACA has won a $6 million contract to provide mining services to Northern Minerals' Browns Range heavy rare earths pilot project, while an additional $4 million bulk earthworks contract is also due to be awarded to the Perth-based company.

A string quartet from the West Australian Symphony Orchestra will exchange its Perth Concert Hall home for a natural stage in the Kalamina Gorge next week for the 2017 Karijini Experience.

A suite of contract announcements has been made for Gold Road Resources' $507 million Gruyere project, including for GR Engineering Services, Maca and Civmec, while Macmahon Holdings said today it had been selected as preferred contractor for a new Queensland coal mine.

SPECIAL REPORT - MINING SERVICES: Higher commodity prices and investment to maintain iron ore volumes could help lift mining contractors out of the doldrums after several tough years. Click through to see this and links to four other feature stories.

Mining and civil contractor MACA has diversified through the purchase of a 60 per cent stake in Maddington-based Interquip for $8 million.

MACA has won a contract to provide its services to Main Roads WA in the Kimberley region, with the work valued at up to $18.4 million.

SPECIAL REPORT: A record high Australian dollar price in June has provided a tailwind for the state's gold sector, and 2017 is looking to be a similarly positive year.

WA hosted 20 major charity bike rides during the past year, collectively raising about $10 million, but the numbers are set to fall.

Perth-based contractor MACA is focusing on securing more work in the gold sector after reporting a slump in full-year profit.

A fuel supply system at Rio Tinto's Cape Lambert port and work on a loading jetty at Ichthys's Darwin LNG facilities are among $140 million of contracts recently won by Monadelphous.

Blackham Resources has awarded four contracts for its Matilda gold project, including a $115 million open-pit mining services contract given to MACA.

Two of WA's most successful charity events raised a total of $4.6 million this month, but not all fundraisers are achieving similar results

MACA is seeking an entry into the east coast civil works market by acquiring a large stake in a privately owned road asset management and maintenance services provider.

Local contractor MACA has won a $4.8 million contract to upgrade an intersection in Ascot which will pave the way for planned street closures as the $2 billion Forrestfield-Airport Rail Link gets underway.

James Mactier has been appointed to the board of Regis Resources as a non-executive director.

The downturn in mining and construction activity in Western Australia has delivered a mixed bag of results for several contractors today, with the major surprise being a downgrade in MACA's revenue outlook.

Special Report: Falling commodity prices have led some mining contractors to circle the wagons, but others are cautiously targeting opportunities.

Mining services company MACA plans to broaden its gold portfolio through the purchase of local private business Alliance Contracting for $5 million.

Doray Minerals has awarded Maca a $14 million contract for open pit mining work at its Deflector gold project in the Murchison region.

Shares in Atlas Iron surged on news it had lowered its cash costs in July by $11 per wet metric tonne, with the iron ore miner flagging more cash flow in August.

Welshpool-based Maca has posted a slight fall in profit for the financial year but increased revenue by 1 per cent, despite it being a tough time for contractors and mining services companies in the current market.

KPMG has named the eight businesses it has selected to participate in its recently announced technology accelerator Energise, which will be held in Perth.

The iron ore miner's size and local status have led to an unusual testing of the market's appetite for risk.

Atlas Iron has reopened its Mount Webber iron ore mine, marking the recommencement of mining at all three of the company's Pilbara operations after shutting them less than three months ago.

Cost cutting can only take a business so far, and with tough times set to continue for mining services contractors, innovation and diversification have a big role to play. Click through to see more on our Mining Services feature.

Atlas Iron founder David Flanagan has resumed as the company's managing director, as the iron ore miner announced that its ambitious $180 million capital raising would be priced at just 5 cents per

Atlas Iron plans to resume production at its Mount Webber mine in the Pilbara in July after negotiating a deal with BGC Contracting that is markedly different to earlier agreements with contractors at its two other mines.

Atlas Iron plans to resume production at its two closed iron ore mines after striking an innovative profit sharing deal with its contractors, but it is also seeking to complete a big capital raising to ensure its longer-term viability.

Maca and GR Engineering Services have become the preferred contractors for work at Cassini Resources' Nebo-Babel nickel project while also committing to the mining company's $8 million capital raising.

Mining services company Viento Group has gone into administration, despite having won major new contracts in the past month with iron ore miners BC Iron and Rio Tinto.

Mining contractor Maca has suffered another blow to its order book, with Sinosteel Midwest Corporation announcing plans to halt operations at its Blue Hills hematite project in the Mid West after failing to gain environmental approval for an expansion.

Contractors Maca, Mineral Resources and Qube Holdings have downplayed the impact of Atlas Iron's decision to halt iron ore production over the coming month, while transport contractor McAleese Group is still evaluating the likely impact.

Atlas Iron has announced it will halt all production at its three Pilbara iron ore mines over the next month, a move that is likely to result in the loss of more than 500 jobs.

Gold producer Beadell Resources says a number of delays at its Tucano project in Brazil are to blame for a shortfall in gold sales for the March quarter.

Investors haven't responded well to news that former Maca chief executive Doug Grewar has taken the helm of local mining services firm Viento Group with immediate effect.

KPMG has secured backing from more than a dozen major businesses for its Energise technology accelerator, which will provide financial and in-kind support to eight startup businesses servicing the energy and resources sector.

LandCorp has awarded Perth-based contractor Brierty an $11 million contract to build the first stage of its Broome Road Industrial Park in the Kimberley.

Mining and civil engineering contractor Maca has posted a 6.4 per cent increase in profit to $34.7 million for the six months to December, despite revenue taking a hit from recent mine closures, as the company shifted its focus onto gold projects in South America.

A joint venture between contractors Brierty and Bocol Constructions has won a $69 million contract to upgrade a section of the North West Coastal Highway in the Gascoyne and Pilbara regions.