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Capital Drilling Plc

Capital Drilling Limited New joint broker

Capital Drilling Limited (LON: CAPD), a leading drilling solutions company focused on the African markets has today announced the appointment of Peel Hunt LLP as its joint broker with immediate effect.

Capital Drilling provides specialised drilling services to mineral exploration and mining companies in emerging and developing markets, for exploration, development and production stage projects. The Company currently owns and operates a fleet of 91 drilling rigs with established operations in Botswana, Côte d’Ivoire, Egypt, Ghana, Kenya, Mali, Mauritania and Tanzania. The Group’s corporate headquarters are in Mauritius.

The company recently announced it had been awarded a renewed five year production drilling contract at the Sukari Gold Mine, extending the current contract through to 2023.

Capital Drilling has been active at the Sukari mine since 2005 and currently runs a fleet of 14 rigs, providing Sukari with blast hole and grade control drilling services in the open pit.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.