Photo: Manuka Resources
Mining contractor Macmahon Holdings has entered into a Letter of Intent (LOI) with Manuka Resources for the restart of mining operations at the Wonawinta silver project, located in the Cobar Basin, central-west New South Wales.
“Macmahon welcomes the opportunity to partner with Manuka Resources to de-risk mining operations at Wonawinta through the capabilities of our highly experienced and professional surface mining team,” Michael Finnegan, Macmahon managing director and CEO, said.
“Macmahon is proud to be working in partnership with Manuka Resources to get this exciting large-scale silver project into production again and we look forward to working closely with them to deliver the operational flexibility and scalability that supports Manuka’s development timetables and production targets.”
The recommencement of mining activities at the Wonawinta mine is expected to occur in May 2026. The scope of the LOI covers open-pit mining services, including drill & blast, load & haul operations.
A mining services agreement is expected to be finalised this month, with a value of approximately A$190 million over an initial five-year contract period.Source: Macmahon