Mining News

Master Drilling posts good results, to continue technology pursuit

JSE-listed drilling technology company Master Drilling achieved a 40% year-on-year increase in revenue to a record $171.8-million for the year ended December 31, 2021. It generated $32.5-million in cash from operating activities, reduced its debt to $32.1-million and grew its operating profit by 126% year-on-year to $27.8-million.

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