# Macmahon subsidiary wins $406M underground mining contract at Snowy River

Macmahon Holdings subsidiary Macmillan New Zealand has secured a $406.2 million underground mining services contract at the Snowy River Gold Project in New Zealand. The five-year contract starts in October 2026 and covers mine development, production, and backfill operations.

- Type: Contract
- Announced: 2026-08-11
- Where: Reefton, South Island, New Zealand
- Value: $270.0M (406.2M AUD)
- Status: announced
- Products: underground mining services, gold
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Macmahon Holdings](https://endata.com/companies/22329.md)
- [Tasman Mining](https://endata.com/companies/93495.md) (customer)

## Sources

- [mining.com.au](https://mining.com.au/macmahon-subsidiary-wins-406-million-underground-mining-contract/), 2026-08-11: "The Snowy River Project is a high-grade underground gold mining project currently being developed to become one of New Zealand’s largest gold operations."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.