Macmahon will provide equipment hire and maintenance services at the Foxleigh mine in Queensland which is expected to generate around $250 million of revenue over a 5 year term.
The project is on track to start on 1 March 2021.
Macmahon is also pleased to announce that its subsidiary, GBF, has been awarded a 2 year contract extension with Pantoro for additional work at the Wagtail and Nicolsons underground gold operations located near Halls Creek in Western Australia worth around $20 million.
Shares in Macmahon Holdings Limited (ASX:MAH) are trading 3.9 per cent higher at 27 cents.