News Articles for MACA

Six of the founding shareholders of mining services group Maca have sold down $40 million in shares in the company, reducing their combined stake by nearly 25 per cent.

THE Western Australian Institute for Medical Research will expand its already diverse funding streams next year, when it becomes the benefactor to the Sunsuper Ride to Conquer Cancer.

Mining contractor MACA has announced a $65 million contract with Kimberley Diamonds Company at the Ellendale project, 120 kilometres east of Derby.

Mining services group MACA Limited has lodged a $29.7 million net profit for the year ended June 30, an increase of 81 per cent on the previous year.

Mining contractor MACA has upgraded its earnings guidance, telling shareholders it now expects full year profit to be in the order of $27 million to $30 million, up from the $23.1 million flagged in its prospectus forecast.

Mining services provider MACA says it is about to sign a $450 million, eight-year deal with Regis Resources for its proposed Garden Well gold mine.

Mining services group MACA has won a $127 million, 60-month crushing services contract at the Peculiar Knob iron ore project in South Australia.

Patersons Securities has retained top spot in WA Business News' annual survey of capital raisings, followed by Hartleys, Euroz Securities and Macquarie Capital Advisers.

Mining services group MACA has had an excellent first day's trading on the Australian Securities Exchange closing 45 cents above its issue price of $1.