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MAH Macmahon Holdings Limited

0.2425
0.0075 (3.19%)
Last Updated: 02:50:37
Delayed by 20 minutes
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
  0.0075 3.19% 0.2425 0.24 0.245 0.245 0.24 0.24 1,209,427 02:50:37

Macmahon Says Glencore Xstrata Unit Terminates Contract

05/06/2013 12:59am

Dow Jones News


Macmahon (ASX:MAH)
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   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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