News Articles for MACA

Mining and civil engineering contractor Maca has downgraded its full-year revenue guidance by $30 million after Sydney-based miner Arrium said it was closing one of its South Australian mines.

MACA has signed a new $9 million deal to provide services to Doray Minerals at its Meekatharra gold project, as the mining and civil engineering firm winds down operations at Rosslyn Hill Mining's lead operation at Paroo Station near Wiluna, which will be put on care and maintenance next month.

Five Western Australian companies have sought to manage costs by cutting either salaries or board positions during the past month.

Mining and civil engineering firm MACA announced today that it had won $47.9 million worth of project contracts from Main Roads WA and mining giant Rio Tinto in the past three months.

Regis Resources has shown signs of improvement with increased quarterly gold production and lower costs, in both cases delivering a better outcome than the company's own guidance.

Mining and civil engineering firm MACA has received a letter of intent to provide mining services to Beadell Resources' Tucano gold project in Brazil, with the value of the deal yet to be finalised.

Welshpool contractor MACA says it will raise up to $58.5 million through the placement of 30 million shares.

Welshpool-based contractor MACA has raised its full-year net profit by 12 per cent to $55.4 million despite weather setbacks during the year, and increased revenue by 25.2 per cent to $595.4 million.

Welshpool-based contractor MACA has launched a $90 million contract with Karara Mining over its Hinge direct shipping ore project in the Midwest region of Western Australia.

FEATURE: An investment in each of the 10 largest capital raisings by companies in Western Australia during 2013 would be 14 per cent underwater at current prices, according to research conducted by Business News.

The state's symphony orchestra was an “obvious” choice for sponsorship, according to a leading mining services provider.

FEATURE: Mineral Resources has shown the lengths to which mining services companies are willing to go to secure new work in the current flat market.

Mining executive Chris Tuckwell plans to return to MACA as its managing director, two years after leaving the company to join rival contractor Ausdrill in Africa.

Welshpool-based contractor MACA has launched a $59 million capital raising and paid out a special dividend to shareholders on top of last week's interim dividend.

Welshpool-based contractor MACA has broken a run of losses in the mining services sector, posting a 44 per cent gain in half-year profit.

Regis Resources has been forced to suspend full operations at its Rosemont and Garden Well open pit gold mines in the Goldfields for at least three months after torrential rain caused extensive flooding.

A commitment to philanthropy has strengthened business networks for Perth contractor Mining and Civil Australia.

Mining and civil contractor MACA has predicted it will continue its run of earnings growth, after riding out the slowdown in the resources sector to book a 31 per cent rise in full-year net profit.

Seven outstanding Western Australian business and community leaders will go on to represent the state in the 2013 EY Entrepreneur of the Year awards after being announced ascategory winners for the

New growth opportunities will be few and far between for mining contractors, who are under pressure to trim their rates.The irony was inescapable.

MACA has appointed Maurice Dessauvagie as general manager of its civil construction business.

Mining contractor MACA remains optimistic about its prospects of revenue growth in financial year 2013, despite losing a significant contract after Focus Minerals halted its Laverton operations earlier this week.

A consortium led by civil and mining contractor MACA has won a $42 million deal for a pair of road upgrade projects with Main Roads Western Australia.

Investment bank Gresham believes conditions are right for significant corporate finance activity in mining services as companies in the sector look at growth and diversification strategies.

Only a handful of WA companies completed substantial capital raisings in the March quarter. We analyse how they went about it.

Mining contractor MACA has strengthened its balance sheet through a $56 million share placement priced at $2.50 per share, which is slightly below recent highs but above the price at which it had b

Mining contractor MACA has added to its recent contract success, winning two fresh contracts with Atlas Iron at the Abydos iron ore mine in the Pilbara.

Mining contractor MACA has announced its tenure at the Laverton gold project has been extended to May 2014.

Mining contractor MACA has received a letter of intent from Regis Resources to provide mining services at the Rosemont gold project near Laverton.

The value of shares held by some of the biggest names in mining have slumped along with the companies they lead, but there are pockets of good news in what has been a tough year on the markets.

Mining and civil construction contractor MACA has won a $60 million contract with Main Roads Western Australia at Carnarvon.

Mining contractor MACA has appointed a new chief executive and manager director, with Doug Grewar set to take over from Chris Tuckwell in July.

PERTH-BASED engineering and construction contractors have released a spate of record earnings reports, while bulging order books suggest there's plenty of life in the resources boom.

THE scale of the mining sector is readily apparent to many Western Australians, but the size of the mining services industry may not be so clear.

The rapid expansion of the WA mining industry over the past decade has mostly been good news for mining contractors, but the benefits have not always come as expected.

Atlas Iron has appointed mining contractor MACA as its civil construction, mining and crushing services partner for its Mt Dove iron ore project in the Pilbara, after receiving final environmental

Mining services company MACA managing director Chris Tuckwell has resigned, just months after six of the company's founding shareholders cut their combined stake in the company by nearly 25 per cen

Six of the founding shareholders of mining services group Maca have sold down $40 million in shares in the company, reducing their combined stake by nearly 25 per cent.