Macmahon Holdings (ASX:MAH) Macmahon Extends Contract for the Martabe Gold Project

Business News

article image

Macmahon Holdings has extended its contract for the Martabe gold project in Indonesia.

The company said the seven-year extension will generate $350 million in revenue and involves open cut mining activities.

Macmahon's guidance for FY23 remains unchanged at $105 million to $125 million.