Mining services group Macmahon has been granted a three-year extension of its alliance-style contract with AngloGold Ashanti at the Boston Shaker underground mine, part of the Tropicana gold operation in Western Australia.
Macmahon has been providing underground mining services at Boston Shaker since 2019 and will continue with execution of services including mine development, production drilling, cable bolting and ore stoping.
The extended term of the contract will expire on May 1, 2027 and is expected to generate revenue of A$117-million a year, adding A$352-million to Macmahon’s secured order book.
Macmahon will, for the period of this extension, largely use existing fleet.
Tropicana, located 330 km north-east of Kalgoorlie, is a joint venture between AngloGold (70%, and operator) and Regis Resources (30%) and is one of Australia’s largest producing gold mines.