METS

Macmahon wins Dawson work

Surface coal contact to support eastern expansion

Mining at Dawson

Mining at Dawson

The contract mining concern, which recently added more than A$1 billion to its order book in the Western Australian gold fields working for Red 5, Silver Lake Resources and St Barbara, has won the surface mining services for Anglo American and Mitsui Group's Dawson metallurgical coal mine in Queensland.
 
The three-year contract is expected to add a further $200 million to its workbook, which now exceeds some $7 billion.
 
The contract, focused on the Dawson South operations, is expected to be formalised soon.
 
Work will begin in July, with Macmahon replacing Thiess, which had been working at the site since 2015.
 
Macmahon has recently focused on growing its east coast presence.
 
Mining has taken place at Dawson since the 1960s, and the Dawson complex hosts one of the largest coal handling and preparation plants in Australia
 
Shares in the contractor were off 2.5% today to 20c, capitalising it at $411 million.
 
The stock has traded between 16-29c over the past year.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining

The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.