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We have a strong and
highly experienced team
in place in our mining
division, which is reflected
in the smooth start up and
excellent progress being

Capital Limited’s made at Sukari

Momentum Continues

African focussed mining services company Capital Limited’s first major
load and haul contract announced late last year is progressing well.

This transformative contract is the next stage of the company’s ongoing
evolution that started with exploration drilling and has continued into
production drilling and complimentary ancillary services including assay

laboratories and maintenance services. Capital Limited’s laboratory services business, MSALABS, safety performance across all our operating regions.
is also expanding its footprint throughout Africa with
We are very proud of our team’s dedication to keeping
three established laboratories in West Africa, in Abuja in themselves and their workmates safe, with many of these
“Moving into load and haul was a natural extension for drilling, as well as blast hole, grade control, underground and Nigeria, Nouakchott in Mauritania and Yamassoukro in Côte sites operating multiple rigs and other equipment, together
Capital Limited. It means we can provide our clients with dewatering drilling services for operating mines. d’Ivoire, together with site-based laboratories for Barrick with workshops. We expect safety leadership to be shown
a fully integrated mining service, from their early-stage in Tanzania, Resolute in Mauritania and Thor in Nigeria. A at all levels of the organisation, and this performance
“We are providing drilling services to ten mines currently, with
exploration through to full production and delivery of ore to new laboratory is planned to open in Marsa Alam in Egypt demonstrates our team’s company-wide commitment to
a portfolio of long-term contracts across these sites. This
the mill. We have a strong and highly experienced team in during August. safety.”
year to date we have also been awarded five new exploration
place in our mining division, which is reflected in the smooth
and delineation contracts across our operating regions in “MSALABS has comprehensive African coverage, A core part of the company’s project execution culture is to
start up and excellent progress being made at Sukari in
Africa and the high demand is continuing into the back half of particularly in West Africa where there is extensive ensure crews work closely with clients to consistently and
Egypt, our first major contract,” said Brian Rudd, Capital
the year.” exploration activity. Significantly, it will also continue to proactively look for opportunities to initiate improvements.
Limited Executive Director.
upgrade its capacity and services at existing laboratories, This pragmatic approach, one that focusses on finding
The company has the largest diversified rig fleet in Africa
Capital Limited’s drilling business remains a vital component most notably with the introduction of the new Chrysos solutions, whether they are operational, safety or others,
and it is set to grow further during the year, with plans to
of their services and it is currently experiencing the strongest PhotonAssay technology. The PhotonAssay technology and delivering more than just drilling or cubic metres for
commission multiple new rigs to support its long-term
demand in a decade. The company provides exploration provides a range of benefits, from more accurate, faster their customers, has been instrumental in the company’s
contract base.
results to a safer and more environmentally friendly analysis success since its inception.
process for gold, silver and copper.”
“We’ll always take a broader view of the program, look
While Capital Limited’s service offer has evolved since at other issues a client may be facing and come up with
its inception, it has also extended its geographic focus in solutions that work, using our team’s field experience and
Africa, undertaking a strategic expansion into West Africa. knowledge. Every project has its own unique challenges
The company now has well-established infrastructure and and our team will proactively look at how they can add
approximately half of its rig fleet located across seven value, how they can make it better and safer.”
countries in the region.

“West Africa provides significant growth opportunities. In
2020 it featured strongly in exploration budget planning and
continues to attract equity market support. We now have
a solid base of quality clients in the region and started our
first drilling project with Endeavour Mining, the largest gold
producer in West Africa, at their Houndé project in Burkina
Faso this quarter.”
Capital Limited’s approach ensures its team focus on
high-quality, professional execution, while maintaining
a strong safety culture. This year to date, eight of the
company’s long-term contracts and workshop facilities
www.capdrill.com
have achieved LTI-free milestones ranging up to thirteen
years LTI-free.“These results demonstrate outstanding info@capdrill.com