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Master Drilling maintains R&D focus

South Africa-listed Master Drilling has cited global economic uncertainty as a contributing factor to its only “reasonable results” for the half year, though the firm has maintained an “unwavering” commitment to its innovation and technology investment programmes.

Master Drilling maintains R&D focus Master Drilling maintains R&D focus Master Drilling maintains R&D focus Master Drilling maintains R&D focus Master Drilling maintains R&D focus

Master Drilling's remote drilling technology was successfully commissioned at the Mponeng mine in South Africa

The financials included contributions from the Atlantis Group books, which Master bought at the back end of last year, to help deliver a modest 4% lift in revenues to US$70 million.