Macmahon locks down Telfer contract

CONTRACTOR Macmahon Holdings formalised an agreement with Newcrest Mining over the Telfer contract, ending several months of dispute and allowing it to reaffirm its 2020 earnings guidance.

Macmahon locks down Telfer contract Macmahon locks down Telfer contract Macmahon locks down Telfer contract Macmahon locks down Telfer contract Macmahon locks down Telfer contract

Macmahon has locked down its Telfer mining contract.

The two companies had been in dispute resolution over Macmahon's three year old contract at the Telfer gold mine in northern Western Australia, which had been loss-making for Macmahon due to larger