(Source: Macmahon Holdings Limited) Heading here 4 November 2015 2015 ANNUAL GENERAL MEETING Chairman's Address Chairman: Jim Walker 2015 was certainly a challenging year for everyone operating in the resources sector, and in mining services in particular. As market conditions continued to deteriorate mining companies responded in a number of ways, including: taking operations in house, rationalising their cost structures, and reducing activity levels. This resulted in a sharp reduction in work for Macmahon during the year and a subsequent downward shift in revenue as major contracts including Christmas Creek, Eaglefield, Tavan Tolgoi and Waihi concluded. Further our Olympic Dam development...
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