North American Construction Group Ltd. Announces Award of Australian Civil Construction Project [Canadian Business Journal (Canada)]
North American Construction Group Ltd. Common Shares (no par) (NOA)
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Source: Canadian Business Journal
ACHESON, Alberta, Dec. 11, 2024 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) today announced that the MacKellar Group (“MacKellar”) has been awarded an early works and development contract by a major copper producer in the Australian state of New South Wales. The project involves a wide range of production-related activities required for mining but is primarily based on the establishment of site infrastructure in a new mining area, initial overburden removal, and the closure of a previously used reclamation facility.The award of this project, expected to generate approximately $100 million in revenue, is from a new customer based in New South Wales, a region that is also new to MacKellar, reflecting our objective of geographic and customer diversification. The project is set to begin in the first quarter of 2025 and completion is scheduled for the second quarter of 2026. The scopes will be completed at an operational long-li
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- North American Construction Group Ltd. Announces Award of Australian Civil Construction Project [Yahoo! Finance]Yahoo! Finance
- North American Construction Group Ltd. Announces Award of Australian Civil Construction ProjectGlobeNewswire
- North American Construction Group Ltd. (NYSE: NOA) was upgraded by analysts at Cibc World Mkts from a "hold" rating to a "strong-buy" rating.MarketBeat
- North American Construction Group Ltd. (NYSE: NOA) was upgraded by analysts at CIBC from a "neutral" rating to a "sector outperform" rating.MarketBeat
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