NWH 0.64% $3.14 nrw holdings limited

New NRW Contract possibilities FY2017, page-210

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    On Newcrest's Wafi-Golpu development project in PNG, it is interesting to note that ADB was subcontracted by Macmahon Holdings to drill and blast at Newcrest's Telfer old-copper mine – a $40m contract. ADB commenced full operations at Telfer in February 2017. The 2017 Annual report states, “During the year the ADB business focused on the key commodities of coal, gold, lithium and iron ore. Contract awards for FY17 included a five-year contract for Macmahon Holdings Limited at Newcrest’s Telfer gold mine.”

    Newcrest and NWH have at least a small commercial nexus.
 
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