Australia's Macmohan hits nearly 13-year high after securing mining contract

Macmahon Holdings

25/08/2025 03:41

** Shares of Macmohan Holdings MAH.AX rise 3.4% to A$0.445, highest level since September 14, 2012

** Stock set for its fifth session of consecutive gains

** Mining services provider secures A$55 million($35.60 million) underground mining services contract by Black Cat Syndicate Limited BC8.AX at Majestic Mining Centre, part of Kal East Gold Operation in Western Australia

** Co's scope of work includes all underground mine development and production services, others

** Shares of Black Cat Syndicate rise as much as 6.2% to A$0.925

** Including day's gains, MAH up 29% YTD

($1 = 1.5451 Australian dollars)

 (Reporting by Ananya Verma in Bengaluru)

 ((ananya.verma@thomsonreuters.com;))