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...

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