Kumba awards R2bn drilling contract to family-run Rosond
Anglo American-owned firm grants tender as part of initiative to ‘modernise geoscience operations and extend life of mines’
13 August 2019 - 19:42
Family-owned Rosond, a decades-old drilling company, has secured a R2bn contract with Kumba Iron Ore, displacing the larger, JSE-listed company Master Drilling at one of its key SA contracts.
Kumba, which is 70% owned by Anglo American, granted the contract over both its mines in the Northern Cape to Rosond, replacing Master Drilling and Geoserve Exploration Drilling, said Rosond MD Ricardo Ribeiro in an interview...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.