Rinehart’s Hancock weighs $3.3 billion iron ore mine project
Hancock acquired a 51% interest in the Mt Bevan project from Legacy Iron Ore Ltd. and Hawthorn Resources.
BHP Billiton Limited has awarded Macmahon Holdings Ltd. a three-year extension of its Underground Development Services (UDS) contract covering the company’s Olympic Dam project in South Australia.
Under the terms of the agreement, Macmahon Holdings Ltd. will perform underground development works, install ground support, including shotcreting and cablebolting, and handle load and haul operations.
The AUD 200 million (USD 209 million) three-year contract can be further renewed for an additional year.
Source (English): Macmahon Holdings
