Macmahon secures $210m mining contract from Calidus Resources

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Macmahon Holdings has agreed a mining services contract with Calidus Resources Limited for the Warrawoona gold project in Western Australia, located approximately 150km south east of Port Hedland.

The $210 million contract, which follows Macmahon’s selection as the preferred contractor for the project, involves the development of a new open cut mine in the Pilbara region, with the scope of work expected to include all open cut mining activities until December 2026.

Macmahon CEO and Managing Director Michael Finnegan said the contract is in addition to the early-stage civil works Macmahon is currently undertaking on site with 65 personnel.

He said the company expects the main mining equipment to arrive on site in the first quarter of 2022, with the project to eventually employ around 120 Macmahon personnel.

“We are delighted to finalise this mining contract with Calidus Resources for its Warrawoona gold project, which follows on from the civil work we are currently undertaking on site,” Mr  Finnegan stated.

“This contract will add approximately $210 million to our order book, and is a welcome addition to our growing portfolio of Western Australian gold projects.

“We have built a strong relationship with the Calidus team since we commenced on site earlier this year and look forward to developing this project with them.”

Image credit: https://www.calidus.com.au/project/warrawoona-gold-project/