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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Macmahon Holdings Limited | ASX:MAH | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.005 | 1.41% | 0.36 | 0.355 | 0.365 | 0.365 | 0.3525 | 0.36 | 2,105,892 | 05:13:04 |
By Rhiannon Hoyle
SYDNEY--Australia's Macmahon Holdings Ltd. (MAH.AU) said a unit of Glencore Xstrata PLC (GLEN.LN) had prematurely terminated a contract for mining services at the CSA copper mine in New South Wales.
The Perth-based contractor said it was seeking an explanation for the early termination.
The shaft-sinking project at the mine was expected to contribute about 6 million Australian dollars (US$5.8 million) to company revenue this month, and A$80 million over the upcoming fiscal year, Macmahon said.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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