Shaft Sinkers gets another Randgold fillip

Recovery stock Shaft Sinker Holdings has been awarded the vertical shaft contract for Randgold Resources' Kibali gold mine in the Democractic Republic of the Congo.

Recovery stock Shaft Sinker Holdings has been awarded the vertical shaft contract for Randgold Resources' Kibali gold mine in the Democractic Republic of the Congo.

The contract award follows on from the announcement on September 20th that Shaft Sinker had been chosen by Randgold to initiate mobilisation activities at Kibali. The combined mobilisation and vertical shaft contracts have an estimated total value of £82.3m. The contracted work is scheduled to be completed in 2016.

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