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Global mining showing interest in Master Drilling’s new technology
And, Sibanye expects Lonmin competition finality October
The mining industry is showing strong interest in the new blast-free mobile tunnel boring machine that South African company Master Drilling will launch in Italy next month.
Master Drilling CEO Danie Pretorius:
Precious metals mining company Sibanye-Stillwater expects Competition Commission finality on its proposed acquisition of platinum company Lonmin in October, following the closure of its transaction with surface gold mining company DRDGold, which is expected to make a positive contribution to Sibanye-Stillwater earnings.
Sibanye-Stillwater CEO Neal Froneman:
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