Egypt Operations

RNS Number : 0461U

Capital Drilling Limited

20 December 2012

 



For immediate release                                                                                                          20 December 2012

Capital Drilling Limited

("Capital Drilling" or "the Group")

Egypt Operations

Capital Drilling Limited (CAPD: LN), the emerging and developing markets drilling company, notes the announcement made today by Centamin PLC that operations at Sukari have now been resumed.  Capital Drilling will now ramp up production over the coming weeks at the Sukari mine.

A  market  update will be provided in the IMS statement in mid to late January including the impact on 2012 earnings as a result of these issues.

Capital Drilling
Jamie Boyton, Executive Chairman		[phone]
Liberum Capital Limited Clayton Bush Richard Bootle Canaccord Genuity Limited		[phone]
Andrew Chubb Rob Collins		[phone]
Buchanan
Bobby Morse		[phone]
Cornelia Browne Gabriella Clinkard

About Capital Drilling

Capital Drilling provides specialised drilling services to mineral exploration and mining companies in emerging and developing markets, for exploration, development and production stage projects. The Company currently owns and operates a fleet of 89 drilling rigs with established operations in Chile, Egypt, Ethiopia, Ghana, Mauritania, Mozambique, Tanzania, Solomon Islands and Zambia. The Group's corporate headquarters is in Singapore and it has its administrative offices for South America in Santiago.

 

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