Master Drilling advancing mechanisation for two top-tier local clients
Mine mechanisation is being advanced for two top-tier local clients of Master Drilling, the CEO of the JSE-listed company, Danie Pretorius, said on Tuesday. Speaking to Mining Weekly in a Zoom interview after reporting 72.7%-higher 2020 net cash generation of $25.5-million, 18%-lower debt to $42.1-million, and a halved gearing ratio to 10.3%, Pretorius said the specific projects were dealing head-on, firstly, increasing the speed of mining development and, secondly, reduce dilution of the ore mined.