Articles On Macmahon Holdings (ASX:MAH)

The Red 5 Limited (ASX: RED) share price is racing higher today. This comes following an update on its King of the Hills (KOTH) gold project. At the time of writing, the gold producer’s shares are up 4.29% to 18.3 cents. What’s driving the...

Many sectors will be watched this reporting season but it is unlikely few will have more uniform success than mining services stocks. The gain in certain commodity prices throughout the pandemic ranging from gold to copper, battery metals t...

Just when commodity prices are enjoying boom times, along come labour shortages to frustrate the contractor services sector -Labour shortages in WA coinciding with strong commodity prices-JPMorgan, Credit Suisse assess Seven Group best plac...

Silver Lake Resources has temporarily suspended operations at the Daisy Complex underground gold mine in Western Australia, following an incident suffered by a Macmahon Holdings contractor. Western Australia’s Department of Mines, industry...

The St Barbara Ltd [ASX:SBM] share price is plummeting today after it revised its production and cost guidance for FY21. St Barbara is an Australian gold miner with operations in Australia, Canada, and Papua Guinea. Challenges at Leonora an...

The S&P/ASX 200 Index (ASX: XJO) rose by 0.6% to 7,066 points. Here are some of the highlights from the ASX today: Nuix Limited (ASX: NXL) The Nuix share price climbed more than 12% today after giving a presentation. The Australian F...

The St Barbara Ltd (ASX: SBM) share price is under pressure on Tuesday morning. At the time of writing, the gold miner’s shares are down 10% to $1.84. Why is the St Barbara share price crashing lower? Investors have been selling the compan...

Summary Austal witnessed a 29% increase in its net profits on the prior corresponding period in H1 FY21. St Barbara increased its earnings 26.7% from AU$100.26 million in 2019 to AU$127.03 million in 2020. Regis has been clocking reas...

Source: Fox_Ana, Shutterstock Summary Amid uncertainties, investors continue to explore dividend stocks to add an extra layer of safety to their investments. ASX listed companies have been consistent dividend payers and declared divid...

The past 12 months has been a good time for ASX drilling stocks – and mining services generally – but companies are claiming there’s more good times to come. ASX investors would be all too familiar with the commodities boom in the last 12 m...

Source:Vintage Tone, Shutterstock Summary The ASX 200 on Wednesday opened marginally higher, up just 4.10 points today to 6,890, after US stocks closed slightly lower overnight amid choppy trading. Over the last five days, the ind...

Source:vintagetone, Shutterstock Summary Felix Group Holdings Ltd (ASX:FLX) announced that it had bagged a 3-year enterprise software contract with Macmahon Holdings Limited (ASX:MAH). The award for Vendor Management and Sourcing solu...

Source: RobSt, Shutterstock Summary Calidus Resources (ASX:CAI) has executed final debt financing agreements with Macquarie Bank. The company has also finalised a power purchase agreement (PPA) with Zenith Energy. CAI is focused on d...

Anglo American has awarded a $200 million surface mining services contract at the Dawson metallurgical coal mine in Queensland to Macmahon Holdings. Macmahon chief executive officer Michael Finnegan said the three-year contract further expa...

30 Mar 2021 - Macmahon Holdings (ASX:MAH) has been selected to provide surface mining services for Anglo American’s Dawson Mine in Queensland at the Dawson South operations, from J…

Calidus Resources has completed all early works at the Warrawoona gold project in Western Australia, as the company enlists GR Engineering to construct the site’s process plant. GR Engineering will design and construct Warrawoona’s process...

Source: Enjoy The Life, Shutterstock Summary ASX 200 increased 0.8% on Friday, however it edged lower Monday morning with a decline of almost 33% following the quarterly rebalance announcement. ASX 200 saw 6 new companies being added...

After Friday’s market close, the S&P Dow Jones Indices announced some changes in its quarterly rebalance of the S&P/ASX Indices. The updated list could potentially move the prices of some shares as fund managers seek to readjust th...

The Red 5 Ltd (ASX: RED) share price is soaring higher today following the announcement of possible contract negotiations with Macmahon Holdings Limited (ASX: MAH). At the time of writing, the gold producer’s shares are up 5.8% to 18 cents...

St Barbara has awarded Macmahon Holdings with a $500 million contract for its Gwalia gold mine in Leonora, Western Australia. The initial five year contract will have the option to extend for a further three years, and will involve mine dev...

The S&P/ASX 200 Index (ASX: XJO) went up today by 0.8% to 6,818 points. Australian GDP was in focus today as it rose by 3.1% in the fourth quarter of 2020. Here are some of the highlights from the ASX today. Rio Tinto Limited (ASX: RI...

Source: oekka.k,shutterstock Summary Moving ahead with the Gwalia Gold Project, St Barbara has appointed an underground mining contractor for the mine operations. Macmahon Holdings will provide the services for the next five years wit...

GOLD producer St Barbara has appointed Macmahon Holdings as the new underground mining contractor at the Gwalia gold mine in Western ...

03 Mar 2021 - St Barbara (ASX:SBM) advises that Macmahon Holdings has been appointed the underground mining contractor at the Gwalia mine at Leonora Operations in Western Australia…

The St Barbara Ltd (ASX: SBM) share price will be on watch this morning following the appointment of an underground mining services contract. It could be a positive day for the company, especially as the gold spot price rose 0.77% higher o...

Macmahon Holdings has maintained a $7 billion tender pipeline despite a slower first half of the 2021 fiscal year. The period saw the effects of COVID-19 and a change in accounting treatments at the Batu Hijau copper-gold project in Indones...

Macmahon Holdings has signed a four-year, $220 million contract with Silver Lake Resources to perform mining works at the Deflector gold-copper mine in Western Australia. The contract follows ongoing success for Macmahon since its 2019 acqu...

The Macmahon Holdings Limited (ASX: MAH) share price is climbing higher in early afternoon trade. This comes after the company announced it has won an underground mining contract. The Macmahon share price rose to an intraday high of 27.5 c...

Summary ASX opened lower and fell sharply in the morning hours of trading session. Telecommunications, healthcare and A-REITS were higher. ASX stocks have retreated today with the benchmark index losing nearly 18 points at noon. Ea...

Summary The ASX 200 opened marginally lower on Friday, down 7.30 points or 0.11 per cent to 6842.80, following yet another day of choppy trading at Wall Street. While the ASX 200 Information Technology was trading down 2.126 per cent,...

09 Dec 2020 - Macmahon Holdings Limited (ASX:MAH) has been formally awarded the Foxleigh project after being selected as preferred contractor in October.

Australian Mining is proud to announce the finalists for the 2020 Australian Mining Prospect Awards. The Australian Mining Prospect Awards Epiroc Contract Miner of the Year award recognises excellence in contract mining, engineering, projec...

Macmahon Holdings has won the status of preferred tenderer for equipment hire and maintenance services at the Foxleigh joint venture project in Queensland. The proposed scope of work involves the hire and maintenance of 21 large capacity du...

Calidus Resources has started construction works ahead of schedule at its Warrawoona gold project, with plans to commence the main construction in the first quarter of 2021. The Warrawoona gold project, located in the East Pilbara district...

17 Sep 2020 - Macmahon Holdings (ASX:MAH) has been selected by Calidus Resources (ASX:CAI) as the preferred mining contractor for the Warrawoona gold project in Western Australia.

16 Jun 2020 - MacMahon (ASX:MAH) has stuck to guidance for full year EBITDA to land between $85 million to $95 million on sales between $1.3 billion to $1.4 billion.

Macmahon Holdings has secured a $700 million contract extension from Byerwen Coal to continue work at its coking coal mine in Queensland. The contractor has been providing open cut mining services at Byerwen since the mine was established i...

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

Macmahon Holdings has secured an early contract agreement with Strandline Resources for the Coburn mineral sands project in Western Australia. Under the contract, Macmahon will provide and operate a mining fleet for ore mining, overburden r...

Macmahon Holdings’ GBF underground mining services business has signed off on its contract with Silver Lake Resources to provide additional work at the Mount Monger gold mine in Western Australia. GBF’s tenure at Mount Monger will be extend...

Mining contractor Macmahon Holdings sees a better finish to the year after first-half profit rise

If you want to know how well the mining sector is doing, you need only ask the services sector how they are performing to get a good idea. Excluding a couple of outliers, most services companies on Stockhead’s watchlist have performed well...

The Perth based national power and communications infrastructure service provider, GenusPlus Group (GenusPlus), has announced the acquisition of ECM out of administration. ECM is a West Australian electrical contractor with a 33-year histo...

The Australian resource sector has shown promising growth in the past couple of years with multifactor productivity improvement since the industry transitioned into the production phase. The increase in mining activities, coupled with impro...

Introduction: Mining sector is one of the major contributors to the economy of Australia. The sector has contributed more than 148 billion to the country’s economic growth during financial year 2018. Mining sector reported about 6.4% of the...

CONTRACTOR Macmahon Holdings has reaffirmed its 2020 financial year earnings guidance after formalising an agreement with Newcrest Mining ...

Newcrest Mining has increased rates for Macmahon Holdings’ work at the Telfer gold mine in Western Australia, putting an end to their contractual dispute. Macmahon had been seeking an increase in revenue from the Telfer contracts to recover...

Orminex (ASX: ONX) has delivered its second major gold pour from its 51%-owned Comet Vale mine in Western Australia’s goldfields, with this latest pour generating 1,940 ounces of gold. The gold was extracted from 15,480t of ore that had bee...

Macmahon Holdings has made further updates to its board composition, appointing two new directors and transitioning the position of its chief executive officer. Effective October 1, the company’s chief executive officer Michael Finnegan wil...

The metals and mining sector of Australia has always been under the radar of sophisticated investors. The nation has been a great supplier of minerals and non- minerals products and the sector under discussion has been export-oriented with...