Macmahon Holdings Limited (AU:MAH) has released an update.
Macmahon Holdings Limited has announced that the Warrawoona Gold Mine, operated by its client Calidus Resources Limited, is transitioning to care and maintenance. The process is part of a detailed plan to preserve asset value during Calidus’ recapitalization and sale process. Meanwhile, Macmahon is negotiating the future of its services at the mine and seeking opportunities for its affected workforce.
For further insights into AU:MAH stock, check out TipRanks’ Stock Analysis page.
