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.
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.
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Persistent inflationary and labour pressures have not waned Macmahon and Perenti's positive outlook as the two mining contractors record earnings growth for the 2023 financial year.
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Mining services company Macmahon Holdings' chairwoman Eva Skira has announced her retirement as the board appoints Hamish Tyrwhitt to the leadership role.
Macmahon Holdings boss Michael Finnegan says the contractor is nearing its earnings margin target after narrowing its 2023 financial year guidance expectations.
