Boart Longyear has been awarded a contract for exploration drilling services at the Kibali gold mine in the Democratic Republic of Congo (DRC).
Boart Longyear is the world’s leading integrated exploration drilling services, equipment and performance tooling provider.
Valued at up to US$70 million, the Kibali contract has an expected duration of five years and work is scheduled to commence immediately.
One of the largest gold mines in Africa, the Kibali gold mine is located in a remote north-eastern area of the Democratic Republic of Congo and operated by a joint venture of Randgold Resources, AngloGold Ashanti, and the Congolese parastatal, Sokimo, with current reserves estimated at close to 11 million ounces of gold.
During the life of the contract, Boart Longyear will deploy at least seven rigs at the site and provide a variety of drilling techniques, including deep diamond coring, reverse circulation and rotary rigs for mine dewatering.
Commenting on the long-standing association between the two companies, Paul Harbidge, general manager, exploration for Randgold Resources Limited said that Boart Longyear has the technical expertise and ability to drill in the most challenging conditions; with their help, Randgold Resources has discovered five other world-class gold deposits in Africa.
Michael Napoletano, general manager of drilling services in Europe, Middle East and Africa (EMEA) for Boart Longyear adds that the Kibali contract represents the strong partnership between the two companies and will form a core part of their already significant business in the DRC for several years.