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EMECO believes there is gold in its $72 million acquisition of underground mining services provider Pit N Portal – not least of it being the exposure it will give the surface-focused equipment hirer to the gold mining market.
Buying Pit N Portal opens up the underground realm to Emeco.
Buying Pit N Portal also opens Emeco up to the underground mining market and to being a mining contractor in its own right.
Matsa hopes to get Red October gold mine back in action.
