Macmahon Holdings Limited agreed to acquire Decmil Group Limited fromThorney Investment Group Australia Pty. Ltd., Horley Pty Ltd and others for AUD 100 million

Macmahon Holdings Limited is an Australia-based company, which provides mining and consulting services to mining companies across Australia and Southeast Asia. It has surface mining operations in Australia and Southeast Asia. It provides development and production, ground support, and services to facilitate ventilation and access to underground mines, including shaft sinking, raise drilling and shaft lining. It provides consulting, design, civil construction, equipment sales and hire, maintenance and site rehabilitation services to the resources sector. Its projects include Dawson South, King of the Hills (KOTH) and Batu Hijau. Dawson South forms part of the Dawson Mine and is located at the southern end of the Bowen Basin in Central Queensland near the town of Moura. The KOTH project is an open pit and underground gold deposit located in the eastern goldfield region of Western Australia. The Company also owns Pit N Portal’s operations at Wyloo’s Durkin and Cassini mining projects.