Macmahon secures US$172 million underground contract awards
Published by Jess Watts,
Editorial Assistant
Global Mining Review,
The scope for Macmahon includes all underground and mine development and production services and all other associated works.
The contract will commence on 1 May 2025 for a two-yr period, but may be extended by agreement, and is expected to add approximately US$105 million to Macmahon’s secured orderbook.
As Macmahon already has its people and mining fleet deployed and operating at Deflector, there is no significant capital expenditure required beyond sustaining capital expenditure.
Managing Director and CEO, Michael Finnegan, said:
“We are very pleased to have been awarded an underground mining services contract at Deflector where we have worked closely with the Vault team over several years. Macmahon values our relationship and are excited to continue building on this. I would like to thank the Vault and Macmahon teams for their continued dedication and look forward to continuing to support the development of the Deflector operation.”
Read the article online at: https://www.globalminingreview.com/mining/30042025/macmahon-secures-us172-million-underground-contract-awards/
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