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
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An increased remote-operation drilling footprint is providing considerable benefit for Master Drilling, the JSE-listed drilling services company said on Tuesday, when it reported 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%. The 35-year-old Fochville-based drilling company, which operates in 23
Diamond exploration company Botswana Diamonds has recovered 11 diamonds and abundant kimberlitic indicators from drill samples at the recently discovered River Kimberlite pipe at Thorny River in South Africa’s Limpopo province. Following a detailed ground geophysical programme in October 2020, six-inch percussion reverse circulation holes were drilled into the newly
In the first blog of our two-part series on custom engagement rings we are going to go over the basics of custom designs and why a shopper may, or may not, choose to go this route when purchasing their ring. This will be followed up with a step-by-step guide on how to approach the process.
Diamond producer Debswana aims to increase output by 38% this year to pre-pandemic levels of 23-million carats, a company official said on Friday, as the global diamond market recovers with the easing of travel restrictions and jewellers reopen. Jointly owned by Anglo American unit De Beers and the Botswana government,
The reopening process will commence with the wash plant production area followed by the mining operations by the second week of April 2021. The post Kagem to reopen operations at Lufwanyama appeared first on Miningreview.com.
