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Mincon drill results point to mining rebound

Ireland drilling consumables manufacturer Mincon Group (AIM: MCON) has continued its recent positive share-price run on climbing sales and profits, and after recently adding to the strategic acquisitions made since its public-market entry in 2013.

Mets Investor > Deals-finance

Mincon drill results point to mining rebound

Ireland drilling consumables manufacturer Mincon Group (AIM: MCON) has continued its recent positive share-price run on climbing sales and profits, and after recently adding to the strategic acquisitions made since its public-market entry in 2013.

Mincon drill results point to mining rebound

Mincon has concluded its acquisition of Canada's Rotacan

The company, which gained admission to London’s Alternative Investment Market and the Enterprise Securities Market (ESM) in Ireland at the end of 2013, last month paid C$3 million to complete the acquisition of 14-year-old Canadian mining production drilling equipment supplier Rotacan, a company it initially bought into in 2014 via a C$10.2 million payment for a 65% stake.

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