Mining services company Macmahon has had a multi-million dollar mine shaft project unexpectedly shut down by a client.
Cobar Management terminated Macmahon's shaft sinking project at the CSA copper mine in the central west of NSW on Tuesday, Macmahon said.
Macmahon is trying to find out the reasons for the termination, and will advise the market of the financial implications on its business once the full details are known, it said in a statement.
The CSA project was expected to deliver a further $6 million in revenue to Macmahon in June, and $80 million in revenue in the 2013/14 financial year.
