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Mine drilling moderates but rare opportunities unfolding

Mine drilling moderates but rare opportunities unfolding

"It's very rare in the drilling industry that an entirely new market emerges.”

Aug 27, 2024
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Mine drilling moderates but rare opportunities unfolding
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Listed drilling business Mitchell Services is not reading too much into an 11.5% fall in drilling shifts worked in the last year.

Over the 2024 financial year, their drill rig utilisation rate fell from 6.5% to 72.5, which they said was

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