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Capital Drilling Plc

Reflections on Mining Indaba and the status of mining investment

The attraction for hosting an international mining event in Cape Town is obvious with the impressive scenery, the fine weather and the quality of food and wine. Now in its 25th year, the Investment INDABA is under new management and continues to attract a broad spectrum of investors, explorers, developers, miners and service providers. Vital of course is the additional extensive government representation, including several states from outside of Africa, notably the Kingdom of Saudi Arabia.

Many long-term participants of the INDABA have commented on how the balance of service providers and suppliers has steadily increased over recent years, frustratingly to the detriment of representation for junior explorers, developers and producers. This year however saw a concerted effort to redress that balance with an exclusive and limited access investment zone and presentation events such as the ‘Investment Battlefield’.


Capital Drilling (LON:CAPD) 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.

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