FLEETS

Another Macmahon extension

IT HAS been a golden period for mining contractor Macmahon Holdings with it announcing its second contract extension in two days after winning a seven-year stay at PT Agincourt Resources’ Martabe gold project in North Sumatra, Indonesia.

An aerial shot of PTAR's Martabe gold mine.

An aerial shot of PTAR's Martabe gold mine.

On March 30 Macmahon announced it had extended its tenure at Byerwen Coal's eponymous coal mine in Queensland's Bowen Basin by 20 months, which should bring it another $440 million revenue. The Martabe...

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