SURFACE

Swick revenue up 16%

SWICK Mining Services has announced a 16% jump in revenue to $32.7 million for the third quarter and revealed future automation plans to boost its cost-cutting strategy.

Marion Lopez
Swick at the Wattle Dam gold mine in Western Australia.

Swick at the Wattle Dam gold mine in Western Australia.

Increased revenue was mainly due from continuing rising demand for underground diamond drilling from existing clients, with the deployment of an additional seven rigs leading to an 83% rate of utilisation,...

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