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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.28 | 0.275 | 0.285 | 0.2825 | 0.275 | 0.28 | 1,918,557 | 07:16:14 |
From Jun 2019 to Jun 2024
Rio Tinto Ltd. (RTP) is planning to slow down the development of the underground operation at its Argyle diamond mine in Western Australia state, contractor Macmahon Holdings Ltd. (MAH.AU) said Wednesday.
Macmahon said its contract will be realigned to take into account the revised development program now being pursued at Argyle, and that this will reduce its contract revenue to just under A$20 million a year from A$80 million a year, until development activities recommence.
-By Alex Wilson, Dow Jones Newswires; 61-3-9671-4313; alex.wilson@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary. You can use this link on the day this article is published and the following day.
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