MACA shuts up shop in Brazil

MACA will take an A$8 million hit after OZ Minerals announced it was terminating operations at the small Antas copper mine almost one year early, with the mining contractor electing to quit Brazil entirely.

MACA shuts up shop in Brazil MACA shuts up shop in Brazil MACA shuts up shop in Brazil MACA shuts up shop in Brazil MACA shuts up shop in Brazil

MACA is moving out of Brazil after five years.

It moved into the nation last decade, initially for Beadell Resources' Tucano project gold project, and secured its second contract with Avanco Resources in 2015, which was later taken over by OZ for