Macmahon awarded $110m in work

MINING contractor Macmahon Holdings has been awarded $110 million in new work. The new work and contract extensions include a three-year contract with Bootu Creek Resources to develop the new Bootu Creek Manganese mine in the Northern Territory, an extension of a contract at Dampier Port, and an extension at the Argyle Diamond mine in the Kimberley. The award of new contracts takes Macmahon’s order book to $910m, with $550m of work already secured for 2006. The Bootu contract will utilise a large part of Macmahon’s equipment fleet available from the recently completed Carosue Dam contract in WA. Macmahon has worked at the Dampier iron ore port since 1993 carrying out iron ore blending as part of scheduling to meet customer requirements. The contract has been extended for a further three years to June 2008 and the scope of work has been expanded to include blending at both the Dampier and Cape Lambert ports. Macmahon has worked at the Argyle Diamond mine since 1990. The contract has now been extended until December 2007 and involves tailings dam construction.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
117thNRW Holdings74%11%
308thMacmahon Holdings16%17%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$13k Sold
$21k Bought
$80k Bought
Total value as at the date of the transaction
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10th↑Macmahon Holdings$714.9m
11th↑NRW Holdings$685.4m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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