Macmahon Holdings has returned to profitability but warned that tough conditions for companies servicing the mining industry are unlikely to pass anytime soon.
Former WesTrac chief executive Jim Walker is set to step up to the role of chairman at Macmahon Holdings, replacing incumbent chair Ken Scott-Mackenzie who will retire next month.
Macmahon Holdings has written to shareholders urging them to vote in favour of the company's remuneration report, to ensure it does not incur a ‘second strike'.
Board control at Murchison Metals is set to pass to corporate raider Sir Ron Brierley's Mercantile Investment Company, after the incumbenet chairman and managing director said all parties agreed on
Macmahon Holdings has appointed Ken Scott-Mackenzie as chairman, replacing Richard Carter who has decided to retire at the company's general meeting in November.