Macmahon locks in new Telfer contract

CONTRACTOR Macmahon Holdings has reaffirmed its 2020 financial year earnings guidance after formalising an agreement with Newcrest Mining over the Telfer contract.

Macmahon locks in new Telfer contract Macmahon locks in new Telfer contract Macmahon locks in new Telfer contract Macmahon locks in new Telfer contract Macmahon locks in new Telfer contract

Newcrest's Telfer mine in Western Australia's Pilbara region

The two companies had been in dispute resolution over Macmahon's three-year-old contract at the Telfer gold mine in northern Western Australia, which had been loss-making for Macmahon due to larger

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