https://newsletter.mw.creamermedia.com
Coal|Contractor|Mining|PROJECT|Services|Equipment|Maintenance
Coal|Contractor|Mining|PROJECT|Services|Equipment|Maintenance
coal|contractor|mining|project|services|equipment|maintenance

Macmahon reappointed as Dawson South mining contractor

1st July 2024

By: Creamer Media Reporter

     

Font size: - +

Mining services firm Macmahon Holdings has been reappointed as mining contractor at the Dawson South project, in Queensland.

Dawson South forms part of Anglo American’s Dawson mine, an opencut steelmaking coal mine west of Gladstone.

Macmahon is the incumbent mining contractor at the Dawson South project and will continue to provide opencut mining services using the current Macmahon workforce, including load and haul, and equipment maintenance under the new contract.

The contract starts on July 1, 2024, for a period of up to three years, adding about A$130-million a year to Macmahon’s secured order book.

The capital expenditure requirements and capital intensity of the project over the new term are significantly lower following the sale of Macmahon’s Dawson South equipment fleet earlier this year.

“Macmahon recently sold a substantial portion of the Dawson South equipment fleet which will continue to be used at the mine,” said CEO and MD Michael Finnegan.

“I believe the new contract structure benefits our client, is aligned with Macmahon’s capital light strategy, and improves ROACE performance, where we recently increased the target from 15% to 20%,” he added.

Edited by Creamer Media Reporter

Comments

 

Showroom

AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council optimistic about ongoing MPRDA review
13th December 2024 By: Marleny Arnoldi
Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.053 0.133s - 128pq - 2rq
Subscribe Now