Established 1835
RESOURCE STOCKS
✕
PROFIT & LOSS

Going west works for Capital

Capital Drilling (LSE:CAPD) has proved West Africa is the place to be. Its stricter spending plan and shift across the continent have started to bear fruit, with the company upping earnings in 2018 off the back of lower revenue year-on-year.

Alex Hamer
AngloGold Ashanti's Geita gold mine is one of Capital's long-term jobs

AngloGold Ashanti's Geita gold mine is one of Capital's long-term jobs

Capital saw a 3% decline year-on-year in income in 2018, to $116 million, with average revenue per operating rig flat on $194,000 and fleet utilisation down two percentage points to 51%. But EBITDA...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
RESOURCE STOCKS

Northern Territory Copper Project Well Positioned

RESOURCE STOCKS

PolarX Strongly Backed by Gold Major

MOST POPULAR

1
BASE METALS

Mali takes operatorship of Goulamina, increases stake

2
PROJECT FINANCE

Glencore appears MIA as Galan gets more cash to find lithium project funding

3
LATIN AMERICA

Lundin eyes Argentina tax stability agreement

4
MINER'S RIGHT

Iron ore going up, not down, says Morgan Stanley

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login