logo-loader

Capital Drilling confident of continued activity from producing mining sites

Published: 10:58 19 Mar 2020 GMT

Capital Drilling Ltd (LON:CAPD) chairman Jamie Boyton caught up with Proactive London's Andrew Scott to talk through the firm's 2019 results and how they're dealing with the current uncertainty around the outbreak of coronavirus.

He's expecting exploration activity to soften a little as junior mining firms find it tougher to access capital however he's confident producers will continue to experience increased cash flows from their operations.

Capital Drilling reported US$114.8mln of revenue for full-year 2019, in line with its prior guidance for US$110mln to US$120mln.

FTSE rises ahead of Easter weekend, JD Sport gains on upbeat outlook -...

The FTSE 100 gained on the final morning of this shortened Easter trading week. Festive cheer was limited though, as Thames Water confirmed shareholders would not provide it with a £500 million rescue package, prompting speculation over the London supplier’s future. On a more positive...

47 minutes ago