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Oct 12, 2021

Major drilling deal builds rig royalty

Major drilling deal builds rig royalty

DDH1 is taking over fellow mineral drilling business Swick Mining Services in a $115 million deal to form a global scale drilling group. The combination of the two WA-based companies will bring together a fleet of more than 170 rigs, with underground and surface operations generating about $445 million in revenue and $103 million in…

This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Miner’s Life, iQ Rockhampton, iQ Coal and Mining North, iQ Coal and iQ Geo, iQ Civil and iQ Coal, iQ Civil and Mining North, and iQ Civil and iQ Geo members only.
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