Macmahon sells Dawson South equipment

Macmahon has executed an equipment sale agreement to sell a substantial portion of its remaining mobile equipment fleet at Anglo American’s Dawson South project in Queensland.  The mobile equipment was sold at market rates, which Macmahon said were at or above book value, for cash consideration. The sale is expected to result in A$44 million of net cash inflows for…

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BHP extends Thiess contract at Mt Arthur South

Thiess has secured a six-year mining services contract extension with BHP for the Mt Arthur South coal operations in New South Wales, Australia. The A$$1.9 billion contract will see Thiess continuing to operate and maintain mining equipment to support BHP’s production requirements, and working with the miner and local community toward the planned 2030 mine closure. “This contract extension acknowledges…

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