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MACA hit with KOTH costs

MINING services company MACA has been stung by cost overruns on its fixed-price engineering, procurement and construction contract with Red 5 at King of the Hills, due to the highly constrained construction labour market in Western Australia’s resources sector, the company claims.

Karma Barndon
MACA was happy with progress made just last month.

MACA was happy with progress made just last month.

In an operational update for the full year to 30 June 2022, MACA confirmed revenue was in-line with expectations and FY22 revenue guidance of about $1.6 billion was unchanged. MACA is expecting FY22...

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