METS

Macmahon falls on contract cancellation

MACMAHON Holdings could lose millions of dollars in revenue after a subsidiary of Glencore Xstrata unexpectedly terminated a shaft sinking project at the CSA copper mine in New South Wales.

Lauren Barrett
Macmahon falls on contract cancellation

Prior to the market opening this morning, the mining services company informed shareholders it had ceased work at CSA after being informed by Cobar Management late yesterday of the contract termination....

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