Mining and construction company Macmahon Holdings Ltd
(ASX:MAH) has been awarded a two year contract extension at BHP’s Olympic Dam copper and uranium mine in South Australia.
The contract is worth $110 million and involves underground mine development works.
CEO Nick Bowen says the company’s contract at Olympic Dam has now been extended four times since Macmahon began operating at the site in 2004.
There are around 180 people employed on the site with the contract extension to be effective from August 2009.
Macmahon Holdings 2008 net profit was $48.75 million.
