METS

MACA to wear KOTH overruns

THE perils of a fixed price contract have come to bite mining services firm MACA, with the company having to eat some cost overruns at Red 5’s A$226 million King of the Hills development, near Leonora, Western Australia.

MACA to wear KOTH overruns

Red 5 got in early to secure its contractors, and has been saying the multi-million ounce KOTH development remains on budget and schedule, however MACA today revealed the $129 million engineering, procurement...

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