Centamin’s Martin Horgan renews confidence in Capital Ltd and persists with Sukari
The company, coveted by Endeavour Mining, is refusing to part with its Sukari gold mine – one of the largest on the continent – and is extending its collaboration on the ground with a long-standing service provider.
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▪ Centamin’s Martin Horgan renews confidence in Capital Ltd and persists with Sukari
▪ The company, coveted by Endeavour Mining, is refusing to part with its Sukari gold mine – one of the largest on the continent – and is extending its collaboration on the ground with a long-standing service provider.
▪ https://www.africabusinessplus.com/en/806270/centamins-martin-horgan-renews-confidence-in-capital-ltd-and-persists-with-sukari/
The Sukari mine, which has seen 4m tonnes of gold mined since it opened, has not yet finished guaranteeing Centamin’s revenues. The mining company, considered among the region’s leaders (and which Endeavour Mining set its sights on last year – to no avail), has once again reaffirmed its commitment to the asset with the signing of a new contract with mining services company Capital Limited, formerly known as Capital Drilling. Focused on African markets, Capital Drilling has been working on the Sukari mine for several years but this recent agreement represents, in the words of its Chairman, Jamie Boyton, “the largest contract won by the group since its creation” in 2004.
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