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Capital Drilling Plc

Kinross proceeding with value-enhancing Tasiast 24k project

Kinross Gold Corporation announced that it is proceeding with a project to incrementally increase throughput capacity at its Tasiast mine to 24,000 tonnes per day (t/d). Based on the results of the completed “Tasiast 24k” feasibility study, the project is expected to increase production, reduce costs, and generate significant cash flow and attractive returns at an initial capital cost estimate of $150 million.

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& gold mining. The company currently provide grade control drilling, rig maintenance and assay laboratory services at the Tasiast site.

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