Specialised drilling services provider to the mining industry, Master Drilling Group, has announced a 40.4% increase in profit to $9.3 million for the six months ended 30 June 2014 with committed orders of $200 million as of June 30, 2014. “Our order book for 2015 onwards reflects the success of our business model, particularly our strategy to diversify across commodities and mining stages,” says CEO Danie Pretorius. “With the 11 week platinum strike and delays in commissioning some of our recent projects behind us, we look forward to completing the expansion of our capital fleet scheduled for deployment in 2015.”
Consistently focused on expanding its global footprint, Master Drilling believes that growth into the rest of Africa will be achieved from its solid South African base, and in partnership with major blue-chip mining companies. To sustain this growth, the company believes that it is imperative to expand its services beyond raisebore drilling. “Master Drilling has already made significant progress by diversifying its service offering in presenting solutions to specific challenges faced by customers worldwide. The quality of this service offering is continuously improved by ongoing research and development into mechanisation, automation and remote drilling services.”