Medallion Metals announces Macmahon as preferred contractor for Ravensthorpe Gold Project
The three-year contract is expected to save about $20 million as Medallion advances development and targets underground mining start in Q4 2026.
6 Articles
6 Articles
Macmahon preferred for $240m Ravensthorpe mining contract
Medallion Metals has picked a subsidiary of Perth’s Macmahon Holdings as the preferred underground mining contractor for its Ravensthorpe gold project, with first gold targeted for the third quarter of 2027.
Medallion awards Macmahon proposed $240 million Ravensthorpe underground mine contract
Image: Mishainik/stock.adobe.comMacmahon Underground has been selected by Medallion Metals as the preferred tenderer for the underground mining contract at the Ravensthorpe gold project in Western Australia, marking another step towards development. The proposed contract covers primary development, portal establishment, production and associated works at the project. Subject to final agreement and execution of the contract, work is expected to b…
Medallion Metals announces Macmahon as preferred contractor for Ravensthorpe Gold Project
Medallion Metals names Macmahon as preferred mining contractor for its Ravensthorpe Gold Project, unlocking contract cost savings and project momentum. The post Medallion Metals announces Macmahon as preferred contractor for Ravensthorpe Gold Project appeared first on The Motley Fool Australia.
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