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Macmahon's Martha contract terminated

NEWMONT Mining has terminated its mining contract with Macmahon Holdings over the Martha Mine at its Waihi project in New Zealand due to uncertainty over the mine's safety.

Jack McGinn
Macmahon Holdings will terminate work at Martha Mine in New Zealand due to uncertainty over the mine’s safety.

Macmahon Holdings will terminate work at Martha Mine in New Zealand due to uncertainty over the mine’s safety.

The company’s wholly owned subsidiary Newmont Waihi Gold has advised Macmahon that its two-year contract valued at $A38 million and scheduled for completion in April 2016 will instead be concluded on June...

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