Loss of key contract will hit Master Drilling earnings

Master Drilling has a fleet of 150 raise-bore drills, the world’s largest. Picture: SUPPLIED

Anglo American subsidiary and JSE-listed Kumba Iron Ore terminated Master Drillings’ contract at Kolomela unexpectedly a few weeks ago despite the company complying on safety, BEE, local procurement and technology aspects, CEO Danie Pretorius said. Master Drilling CEO Danie Pretorius spoke to Business Day TV about the group's expansion plans and the firm's interim results.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Loss of key contract will hit Master Drilling earningsCompany plans to redeploy machines from the Kumba mine as quickly as possible after termination of the Kolomela deal
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

Business Maverick: Industry master plan: Not a chicken in every pot, but a lot more potsThe Department of Trade and Industry (dti) met with local poultry players on Monday, 10 September to discuss the pillars of a master plan envisioned for the South African market, as reported by the Business Maverick a fortnight ago. Minister Ebrahim Patel has been adamant that a pure-protectionism approach is a no-go, and his mind has not changed, but the list of talking points has. It is much longer, which is seen in a positive light, the fact that the transformation agenda is way down that list, however, is not.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »

Loss of key contract will hit Master Drilling earningsCompany plans to redeploy machines from the Kumba mine as quickly as possible after termination of the Kolomela deal
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »