MACMAHON HOLDINGS ORD
Macmahon subsidiary Decmil wins $61m contract for Marble Bar Road upgrade in Western Australia
Macmahon Holdings (ASX: MAH) subsidiary Decmil Group has been awarded a $61 million contract for the Marble Bar Road upgrade project in Western Australia. The notice of award was received from HanRoy Iron Ore Projects and will cover approximately 23 kilometres of road construction works to Main Roads WA standards. Marble Bar Road is important for […]
Market wrap: share market trends lower as Middle East war threatens to expand
The probability that Israel has launched an attack on Iran was enough to send share market traders scurrying for cover, with oil and gold two of the very few safe harbours amidst severe global share market caution. Confirmation from US government officials that Israel had launched a retaliatory attack on Iran in reply to some […]
Macmahon expands civil infrastructure business with Decmil acquisition
Perth-based mining services company Macmahon Holdings (ASX: MAH) has secured a deal to expand its civil business through the acquisition of fellow Perth construction firm Decmil (ASX: DCG). The deal is expected to provide an established and scalable foundation for Macmahon to accelerate the growth of its civil infrastructure business, diversifying its earnings and improving […]
How to find winners in the mining services sector
At a time of bumper dividend payouts from the likes of Rio Tinto (ASX: RIO) and – presumably – BHP (ASX: BHP), most investors seeking a resources exposure would be happy to invest directly in the major producers. Of course, the history of resources is also about endless boom-and-bust cycles – and if history doesn’t […]
