Brief: Macmahon Holdings Extends Contract For Martabe Gold Project

Macmahon Holdings

31/03/2023 02:30

March 31 (Reuters) - Macmahon Holdings Ltd  MAH.AX :
    * EXTENDS CONTRACT FOR MARTABE GOLD PROJECT
    * CONTRACT EXTENSION COMMENCES ON 1 APRIL 2023 FOR
SEVEN-YEAR
PERIOD WITH OPTION TO EXTEND FOR FURTHER TWO YEARS
    * CONTRACT EXTENSION TO GENERATE REVENUE OF US$350 MILLION
IN
FIRST SEVEN YEARS
    * EXTENDED ITS APPOINTMENT BY PT AGINCOURT RESOURCES AS
MINING
CONTRACTOR FOR MARTABE GOLD PROJECT IN INDONESIA

Source text for Eikon:  ID:nASX5DB40H 
Further company coverage:  MAH.AX 

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