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Macmahon shareholders approved a transaction with PT Amman Mineral Nusa Tenggara (AMNT) that will award Macmahon a life-of-mine alliance contract for earthmoving and mining services at the Batu Hijau copper-gold mine in Indonesia. Macmahon will acquire existing mobile mining equipment from AMNT and issue new shares to an AMNT subsidiary.
“The AMNT transaction will see Macmahon awarded a life-of-mine, alliance style contract to provide earthmoving and mining services at AMNT's Batu Hijau copper-gold mine in Indonesia.”e-mj.com
Summarized from public sources; check the original articles before acting on it.