M&A

MACA moves further into gold

MINING contractor MACA will acquire smaller rival Alliance Contracting for $A5 million in cash, as it prepares to start open pit mining at Doray Minerals' Deflector project.

Kristie Batten
MACA moves further into gold

MACA executive director Geoff Baker has been a long-time minority shareholder in Alliance. Privately owned Alliance, founded in 1999, has net tangible assets of around $6 million, with hire purchase...

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