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The Cryptonomics™ > Mining > Capital, MSALABS broaden and prolong service remit with Barrick, Kinross and others
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Capital, MSALABS broaden and prolong service remit with Barrick, Kinross and others

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Last updated: June 19, 2025 10:37 am
admin Published June 19, 2025
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Capital, MSALABS broaden and prolong service remit with Barrick, Kinross and others


Capital says it has been awarded an extra important contract at Reko Diq, in Pakistan, in addition to different contract awards throughout drilling and laboratory providers.

At Reko Diq, majority owned and operated by Barrick, Capital has been awarded a three-year contract with a one-year extension possibility to offer borehole drilling providers to help the event of the copper-gold mission.

The contract covers the drilling, casing and growth of manufacturing water holes important for the Reko Diq mission.

To fulfil this contract, Capital has bought a specialised water bore drilling rig manufactured by Italian rig producer Fraste (pictured above). The rig is now on-site and present process commissioning whereas ready on different important elements required to carry out this multi-year contract, it says.

By way of exploration drilling contract awards, the corporate talked about new pacts with Allied Gold in Côte d’Ivoire, Toubani Assets in Mali and the Worldwide Continental Scientific Drilling Program in Gabon, saying that these contracts can be carried out over the following six months.

MSALABS, Capital’s laboratory providers firm, continues to construct on its present momentum, just lately finishing the set up and commissioning of a brand new business laboratory in Elko, Nevada, the corporate says. This lab is provided with MSALABS’ third Chrysos PhotonAssay™ unit within the area.

MSALABs has additionally agreed an on-site laboratory providers contract extension with Kinross on the Tasiast gold mine in Mauritania, plus signed a three-year devoted hearth assay laboratory providers contract with WIA Gold for its Kokoseb gold mission in Namibia.



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