- Write by:
-
Wednesday, December 9, 2020 - 11:49:10 AM
-
566 Visit
-
Print
Mining News Pro - Macmahon subsidiary GBF has secured a $20 million contract extension with Pantoro for the Wagtail and Nicolsons underground gold operations in Western Australia.
This is a two-year extension that will extend GBF’s tenure at the project to 2023.
Macmahon managing director Michael Finnegan said the company was delighted to continue the strong relationship that GBF had built over many years with Pantoro.
“The contract extension is another important step in our strategy to further expand in the underground market and we remain very well placed to continue growing our underground business,” he said.
The Nicolsons project is Pantoro’s flagship operation and includes Wagtail as its second underground mine.
Aside from the new contract win, Macmahon has formally received a contract at the Foxleigh coal joint venture (JV) project in Queensland, after being selected as preferred contractor in October.
The contractor will provide equipment hire and maintenance services at the mine, which is a JV among QMetco, POSCO Australia and Nippon Steel Australia.
The work is expected to give Macmahon around $250 million of revenue over a five-year term, and on track to commence in March next year.
Short Link:
https://www.miningnews.ir/En/News/609660
The four largest indigenous communities in Chile’s Atacama salt flat suspended dialogue with state-run copper giant ...
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value ...
Representatives from the Peñas Negras Indigenous community, in northwestern Argentina, clashed with heavily armed police ...
Newmont confirmed on Wednesday that two members of its workforce died this week at the Cerro Negro mine located in the ...
Chinese investors are snapping up stocks tied to high-flying metals from copper to gold, aiding an onshore market facing ...
Outflows from global physically backed gold exchange traded funds (ETFs) continued for a 10th month in March, but at a ...
i-80 Gold fell by over 11% at market open Tuesday following its announcement of a C$100 million ($74m) public offering ...
Australia’s Westgold Resources said on Monday it had agreed to acquire Toronto-listed Karora Resources in a ...
Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the ...
No comments have been posted yet ...