MAH.ASX: Macmahon Selected as Preferred Mining Contractor

Macmahon Selected as Preferred Mining Contractor

Stock	Macmahon Holdings Ltd (MAH.ASX)
Release Time	12 Aug 2026, 8:15 a.m.
Price Sensitive	Yes

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Macmahon Selected as Preferred Mining Contractor

Key Points

Macmahon selected as preferred contractor for Ravensthorpe Gold Project
Contract valued at approximately $240 million
Works expected to commence in Q4 2026
Contract term of 36 months

Full Summary

Macmahon Holdings Limited (ASX: MAH) announced that its subsidiary, Macmahon Underground Pty Ltd, has been selected by Medallion Metals Ltd (ASX: MM8) as the preferred underground mining contractor for the Ravensthorpe Gold Project. The contract, valued at approximately $240 million, includes portal establishment, underground development, production, and ancillary works. The project is expected to commence in the December quarter of 2026 and will have an initial term of 36 months. Michael Finnegan, Managing Director and CEO of Macmahon, expressed enthusiasm for the partnership and the potential benefits for all stakeholders, including local communities.

Guidance

Contract value: $240 million; commencement: Q4 2026; duration: 36 months

Outlook

Macmahon looks forward to delivering safe, productive, and sustainable outcomes for the Ravensthorpe Gold Project, creating employment and development opportunities for the local community.