Capital Ltd, the leading mining services company, has announced the award of a new drilling contract and the associated purchase of additional drill rigs and other capital equipment. The new contract is an expanded drilling services agreement with B2Gold Corp at the Fekola Gold Mine in Mali, which now runs to the end of 2024.
The services being provided on-site now include development (diamond & reverse circulation) and grade control drilling. This follows an initial drilling contract announced at the end of June 2022. To facilitate delivery of the new contract Capital has also purchased 10 rigs from African Mining Services (AMS), part of the Perenti Group.
Capital Ltd (LON:CAPD) provide complete exploration and production drilling solutions to customers within the global minerals industry, with a focus on the African markets.