Mining Journal’s West Africa 2020 review shows more than US$3.7 billion of new mine and expansion projects currently in build mode, approved or awaiting final development and financing decisions.
Capital Drilling founder and executive director Brian Rudd, who has lived and worked in Africa for more than 20 years, has overseen a fundamental shift in the contractor’s business in the past few years as it expanded beyond the footprint established in East Africa in 2005 to have one of the biggest active fleets working in the west.
“We started with two underground rigs and three surface rigs three ago. We’re now up to 34 rigs on the ground and we’ve got another 6-8 coming into various parts [of West Africa],” Rudd says.
Capital Drilling Ltd (LON:CAPD) provide complete exploration and production drilling solutions to customers within the global minerals industry, with a focus on the African markets. The company was awarded a 20,000m exploration drilling contract with Golden Rim Resources utilising one multi-purpose rig from the existing fleet. Drilling commenced in May.