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Latest Share Chat

Altyn Receives Drilling Rig At Sekisovskoye Operation

Tue, 26th May 2020 15:56

(Alliance News) - Miner Altyn PLC on Tuesday said it has received its drilling rig, Boomer T1D, at its Sekisovskoye mining operation.

This equipment will accelerate the horizontal development of the Sekisovskoye deposit in Kazakhstan, the firm said, as well as the expansion of the underground transport declines, improving access to the mining blocks and maintaining production growth momentum.

Further equipment deliveries are scheduled to arrive in the coming weeks, to include a Boomer T1D LHD long-hole production drill and Diamec U4 Smart exploration drill rig.

Altyn shares were down 8.1% at 1.33 pence in London on Tuesday.

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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