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MAH Macmahon Holdings Limited

0.315
-0.005 (-1.56%)
24 Jan 2025 - Closed
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
  -0.005 -1.56% 0.315 0.315 0.32 0.32 0.315 0.315 365,968 05:10:10

Rio Tinto To Slow Argyle Underground Development - Macmahon

14/01/2009 3:46am

Dow Jones News


Macmahon (ASX:MAH)
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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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