Slideshow image
   
becpl
Mfg. of Water well Drilling Rigs, Dth Hammers and Button Bits...
 
phe
Water Well Drilling Rigs, Dth Drilling Rigs, Rotary Drilling Rigs...
 
phe
Blast hole Drills, Water Well Drilling Rig, Mud Pumps, Vertical Turbine Pumps...
klrsai deepagetechjcr
 
boart_longyear

Boart Longyear Awarded US$70 Million Contract for the Kibali Gold mine

Boart Longyear (www.BoartLongyear.com), the world’s leading integrated exploration drilling services, equipment and performance tooling provider, has been awarded a contract for the exploration drilling services at the Kibali gold mine in the Democratic Republic of Congo (DRC). The contract has an expected duration of five years and value of up to US$70 million. Drilling is scheduled to commence immediately.

 The Kibali gold mine is anticipated to rank as one of the largest gold mines in Africa. Located in a remote northeastern area of the Democratic Republic of Congo and operated by a joint venture of Randgold Resources, AngloGold Ashanti, and the Congolese parastatal, Sokimo, it currently has reserves estimated at close to 11 million ounces of gold.

 During the life of the contract, Boart Longyear will deploy at least seven rigs at the site and provide a variety of drilling techniques, including deep diamond coring, reverse circulation and rotary rigs for mine dewatering.

 “We have had a long-standing association with Boart Longyear. We value their technical expertise and ability to drill in the most challenging conditions, and, with their help, we have discovered five other world-class gold deposits in Africa,” said Paul Harbidge, general manager, exploration for Randgold Resources Limited.

 “The Kibali contract represents the strong partnership between Randgold Resources and our company,” said Michael Napoletano, general manager of drilling services in Europe, Middle East and Africa (EMEA) for Boart Longyear. “It will form a core part of our already significant business in the DRC for several years.”

 
 
 
Drilling Today Contact