UPDATE 2.20pm: Macmahon says it has won a two-year $38 million contract extension at Newmont Mining's Waihi open-cut gold mine in New Zealand.
The extension will keep the contractor on site until March 2016.
Under the contract, Macmahon will continue to provide a full range of open cut mining activities, including drill and blast, load and haul, crushing & conveying and construction of the engineered waste disposal dam.
Macmahon has been operating on site at Waihi since 1998.
Shares in Macmahon were up half a cent, or 5 per cent, to 10.5 cents at the close.