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Foraco International is a drilling service provider with operations in 18 countries. The Company operates 115 drill rigs providing a range of drilling services to its customer base. Foraco customer includes mining companies, governmental organizations, and international development funds.
Recent Sector News
The government “short-changed” the taxpayer in last year’s controversial privatisation of Royal Mail, according to the National Audit Office.
Royal Mail has announced plans to cull around 1,600 jobs in a bid to cut costs.
BIG PICTURE - Milestones coming thick and fast at ANGLE as it prepares to launch cancer diagnostic system
The milestones are coming thick and fast for ANGLE, the med-tech group that has come up with a potential breakthrough in cancer diagnosis.
The eagerly anticipated launch of ANGLE’s ground-breaking cancer diagnostic system will take place at a conference in Berlin later this week, the company confirmed Tuesday.
It is rare for the share buying activity of a non-executive director to prick interest of the investing public. But when the NED takes a £3mln stake in a company and he is the co-founder of a business now valued at just shy of £1bn, it is worth taking note.
Royal Mail remained the parcel delivery outfit of choice in the UK over Christmas. The firm also revealed that the tradition of sending Christmas cards is still going strong.