Capital released its Q1 2025 trading update this morning. Revenue came in at $71.5m for the quarter with the core drilling business providing 80%. Mining fell to next to nothing as the company re-routes its fleet into the new contract with Barrick at Reko Diq (which has recently received a funding commitment of $300m from the IFC). The mining contract will ramp up in H2 with some revenue generated in Q2 already. MSALABS has had a strong start to the year through increased utilisation at Nevada ( ....
