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Macmahon Secures $463m Awak Mas Gold Project Contract in Indonesia

10:19am on Thursday 9th of January, 2025 AEDT Mining
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Macmahon Secures $463m Awak Mas Gold Project Contract in Indonesia

10:19am on Thursday 9th of January, 2025 AEDT
Key Points
  • Awarded $463 million contract for Awak Mas gold project
  • Seven-year term with option to extend five years
  • Utilisation of existing fleet with $17 million growth capital planned
  • FY25 capital expenditure and earnings guidance unchanged
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