FTSE 100 heats up ahead of chilly weekend
The top-share index rallied in the afternoon session to close at 7,164, up 24 points on the day
Company
Capital Limited
LON:CAPD
Capital Limited is a leading mining services company providing a complete range of drilling, mining, maintenance and geochemical laboratory solutions to customers within the global minerals industry, focusing on the African markets. The company's services include: exploration, delineation and production drilling; load and haul services; mining equipment hire and maintenance; and geochemical analysis. Capital's corporate headquarters is in Mauritius and it has established operations in Burkina Faso, Cameroon, Côte d'Ivoire, Egypt, Guinea, Kenya, Mali, Mauritania, Nigeria, Saudi Arabia and Tanzania.
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Capital Drilling highlights “strong revenue and margin” in 2017
“We have seen strong revenue and margin growth in 2017 despite the ongoing pressures and uncertainties of the Tanzanian mining sector, as well as some shorter-term contracts being completed during the period."
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Capital Drilling contract extended for Acacia’s North Mara mine
"Capital Drilling has been working with Acacia for nine years and we are delighted to continue this relationship"
Capital Drilling refinances debt and appoints new CFO
The company said it continues to maintain a strong, net cash balance sheet.
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Acacia deal with Tanzania would be boon to Solo Oil and other oil and mining firms in country, says analyst
Tanzanian companies Solo Oil, Shanta Gold, Capital Drilling and Kibo Mining stand to benefit from the news Acacia is nearing a deal with the government
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Capital Drilling confirms it had another strong quarter
"Capital Drilling delivered a solid performance in Q3, with revenues up 26% compared to the same quarter in 2016,” said Jamie Boyton.
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