Macmahon signs $2.9B mining services contract for Batu Hijau copper-gold mine

Macmahon Holdings signed binding documentation for a potentially transformational transaction with PT Amman Mineral Nusa Tenggara (AMNT). Macmahon will be the life-of-mine mining services contractor for AMNT's Batu Hijau copper-gold mine in Indonesia, expecting to generate revenue of US$2.9 billion over the life of the operation, and will acquire mobile mining equipment valued at US$145.6 million.

“Macmahon will be the life-of-mine mining services contractor for AMNT's Batu Hijau copper-gold mine in Indonesia, and expects to generate revenue of US$2.9 billion over the life of the Batu Hijau operation.”marketscreener.com

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• marketscreener.comMacmahon : Binding documentation signed for AMNT transaction | MarketScreenerPublicnowMay 7, 2017

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