Macmahon Holdings will continue providing underground mining services to Vault Minerals’ Daisy Milano gold mine in Western Australia.
Daisy Milano is part of the Mount Monger gold operations in the Kalgoorlie region of WA. Mount Monger produced 19,583 ounces (oz) of gold in the September 2024 quarter, and its sales equalled 20,627oz at an all-in sustaining cost of $2785/oz.
Macmahon has been providing underground mining services at Daisy Milano since it acquired the contract earlier this year from Pit N Portal, which was owned by independent mining equipment rental business Emeco.
Daisy Milano was owned by Silver Lake Resources at the time, which has since merged with Red 5 to become Vault Minerals.
Under a new two-year contract extension that ends in October 2026, Macmahon will continue carrying out works such as mine development, production charging and load and haul services.
The contract extension is expected to add approximately $90 million in revenue to Macmahon’s order book and will utilise existing fleet as required for the project.
“We are delighted to continue working with the team at Daisy Milano and building on our valued relationship with Vault Minerals,” Macmahon managing director and chief executive officer Michael Finnegan said.
“We are focused on continuing to drive safety and performance outcomes for our client.”
Last month, Westfill was awarded a two-year contract to complete underground mining services at Vault Minerals’ Rothsay gold mine, which is part of the Deflector gold-copper operations in WA.
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