Capital Drilling (GB:CAPD) has released an update.
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Capital Limited reported a strong Q3 2024 with a 17.6% increase in revenue year-on-year, driven by significant growth in drilling operations and stable mining income. Despite challenges, including a contract conclusion in Gabon and a slower-than-expected ramp-up at Nevada Gold Mines, the company maintains its revenue guidance for the year. Capital’s strategic investments continue to deliver returns, highlighted by its recent sale of shares in Predictive Discovery.
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