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Swick blames it on the rain

SWICK Mining Services has recorded a 7.3% drop in its third quarter 2017 revenue compared to the previous corresponding period, which it blames on a 41-day weather related standby event at the Newmont Tanami site.

Karma Barndon
Kent Swick.

Kent Swick.

Unaudited revenue for Swick in 3Q17 was $29.4 million, down 7.3% on the last quarter but up 2.8%, from $31.7m a year ago. While the contract driller closed the doors of its non-core long hole drilling...

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