METS

Gwalia success key to Swick demerger plan

Swick Mining Services investors won’t get a look at a demerger plan for the company’s core drilling business, and promising technology arm, until later this year at the earliest, and most likely not until next year after Swick has successfully built the Orexplore drill-core analysis capability into St Barbara’s site workflow and landed a second significant commercial deal.

St Barbara's Gwalia gold mine in Western Australia

St Barbara's Gwalia gold mine in Western Australia

Swick Mining founder and managing director Kent Swick said on the company's FY2020 results conference call it was keen to move the mooted demerger forward, given Orexplore's value wasn't being reflected...

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