Macmahon wins mining contract in Indonesia
Australian mining services group Macmahon Holdings has been selected by PT Citra Palu Minerals (CPM) as the mining services contractor for the Poboya gold project, in Sulawesi, Indonesia.
The scope for Macmahon will include opencut mining activities including drilling, loading, hauling, equipment maintenance and mine site development.
Macmahon will also work with CPM to explore various options to develop their mines in the future.
The contract has commenced and is expected to complete in September 2026, adding about $54-million to Macmahon’s secured order book, with minimal capital expenditure expected to be incurred during the period.
“Indonesia presents a great landscape for us to grow, given our existing relationships and strategy to work with preferred partners that have world-class projects,” comments CEO and MD Michael Finnegan.
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