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Macmahon Secures $172m Underground Mining Contracts in WA Gold Belt
4:23pm on Monday 26th of January, 2026 AEDT
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Mining
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Macmahon Secures $172m Underground Mining Contracts in WA Gold Belt
4:23pm on Monday 26th of January, 2026 AEDT
Key Points
Awarded $105 million underground contract at Deflector Gold Mine
Secured $67 million contract for Genesis Minerals’ Gwalia and Ulysses projects
Contracts commence in 2025 with no additional capital expenditure beyond sustaining levels
FY25 earnings guidance remains unchanged despite new contract awards
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