55 years ago a civil engineer from Adelaide dared to Be More. The company he created that day was Macmahon. From humble beginnings to a global business we've evolved and grown to be Australia's mining contractor of choice.
Macmahon Construction was established on August 5, 1963, while Macmahon Holdings Limited was formed as the parent company. The Company's first annual report was issued in 1964, reporting revenue of $1 million and a profit of more than $38,500.
First mining contract secured
Macmahon won its first mining contract for excavation works at Nobles Nob Gold Mines at Tennant Creek in the Northern Territory.
Darwin River Dam
Construction commenced in 1970, with the earth and rockfill dam supplying water from 1972.
Railways and highways
Macmahon began construction of the Tarcoola to Alice Springs Railway, as well as a section of the Great Northern Highway near Broome, WA.
Macmahon is listed on the ASX
With more than 1000 employees and $77 million in revenue, Macmahon was formally listed on the Australian Stock Exchange. The Company also commenced civil works for the 1500km Dampier to Perth natural gas pipeline in 1983.
Macmahon acquired FK Kanny & Sons, an open cut mining contractor based in Western Australia. The acquisition enabled Macmahon to further expand its operations in the mining sector.
Working with Hamersley Iron
Macmahon secured the contract for bulk handling of iron ore in Dampier for Hamersley Iron Pty Ltd.
Macmahon established its international operations with ventures in Chile and Malaysia. Heads of Agreement were signed with Heng Huat Quarries for quarry development in Malaysia.
Kalgoorlie based underground mining and consultancy services group National Mine Management Pty Ltd was acquired. A Macmahon office was also established in Indonesia to explore business opportunities in the region.
Macmahon became the first Australian contracting company to have its entire operations accredited to international Environmental and Quality Assurance standards.
National growth in the civil sector
Macmahon's civil contracts were extensive during 1998, including the Adelaide-Crafters Highway and a tunnel project in South Australia, the upgrade of the Royal Australian Air Force based at Learmonth (as part of a joint venture) and the construction of a 87km rail formation for Hamersley Iron in Western Australia.
Coal and construction wins
Macmahon's growth in the coal sector was confirmed with new contracts at Blackwater, Queensland and Muswellbrook, New South Wales. The construction of the Alice Springs to Darwin Railway began and the Company also secured a 10 year road maintenance contract in Western Australia.
Macmahon acquired ARD and CRE in 2006 to further expand its underground mining service offering. The Company also acquired 60 percent of MVM Rail, with the remaining 40 percent owned by Spanish company COMSA EMTE.
Indigenous employment and training
Macmahon established the Indigenous Mine Skills Program to provide pre-employment training for Indigenous people seeking a career in the resources sector.
Mining contract in Africa
Macmahon commenced its first African mining contract in Nigeria in February 2010.
Macmahon secured its first contract in Mongolia, for coal mining operations at the Tavan Tolgoi project.
Mining future confirmed
Macmahon finalises sale of Construction business and confirms future focus on mining.
Tropicana project demonstrates value of alliance contract model
Macmahon continues to build a strong relationship with Anglo Gold Ashanti and Independence Group at Tropicana. Tropicana becomes Macmahon’s most significant contract.
Macmahon secures major mining contracts in Australia and Indonesia
Macmahon awarded mining services contracts at Telfer in WA, St Ives in WA and Martabe in Indonesia (in joint venture with a local partner).
Macmahon awarded largest ever mining contract
Macmahon awarded a US$2.8 billion mining services contract at Batu Hijau for PT AMNT. In the process, AMNT becomes Macmahon’s largest shareholder with a 44.3% holding in Macmahon shares.
Macmahon re-establishes presence on the east coast of Australia
Macmahon was selected by Byerwen Coal, a subsidiary of QCoal, as the exclusive partner to provide contract mining services at the Byerwen Coal Mine in the Queensland Bowen Basin.
Macmahon adds civil capability
Macmahon signed an agreement to purchase TMM Group, a civil construction and maintenance services company based in Brisbane.
Macmahon increases underground capability
Macmahon acquired Western Australian based, specialist underground contractor GBF Underground Mining Group (GBF).
Macmahon awarded $700M contract extension at Byerwen
Secured expansion and extension of existing coking coal contract in the Bowen Basin to November 2023, plus 2 year option.
Macmahon awarded $250M contract for equipment hire and maintenance services at Foxleigh in Queensland
Macmahon formally awarded a 5 year contract for the Foxleigh project extending our range of services to new JV clients QMetco, POSCO Australia and Nippon Steel Australia.
Macmahon expands WA underground operations and adds $720M to its order book
Macmahon were awarded a new 4 year mining services contract with Silverlake Resources for the Deflector Gold Mine, estimated at $220M. This is a direct benefit of the GBF acquisition as the incumbent contractor. St Barbara awarded Macmahon a new mining services 5 year contract with a 3 year option for the Gwalia Gold Mine, estimated at $500M.
Macmahon secures $650M combined surface and underground contract at Red 5’s King of the Hill Project in WA
Macmahon receives a LOI for Eastern Goldfields King of the Hill surface and underground mining services contract, commencing 2022. This 5 year contract is Macmahon's 2nd combined underground and surface mining services contract.
Macmahon increases east coast presence with Anglo American
Macmahon was selected for a 3 year, $200M surface mining contract with Anglo American at the Dawson South Mine in Queensland, commencing July 2021.
What We Do
We provide world-class mining and infrastructure contracting services