steady rise and instos buying in Two-year deal for Macmahon
Emily Holme
Friday, November 19, 2004
PERTH-based contractor Macmachon Holdings has secured a two-year contract with Bendigo Mining to prepare its new gold mine for production.
The deal builds on a previous contract between the two companies, with Macmahon having developed the 5.5km decline and associated drives for exploration at the New Bendigo mine in Victoria, which led to the go-ahead for the project.
Mine production is expected to start at the end of next year.
Macmahon chief executive officer Nick Bowen said the deal would help the contractor diversify its business.
"Long-term relationships that deliver value to clients are an integral part of the Macmahon strategy," he said.
Macmahon will mobilise to site immediately and work is scheduled to begin next month.
Looking good IMO. :))))
looking to rise again today good depth this mornin, page-2
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