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Driller Swick restores dividend despite loss

After five years, and despite its half-year loss deepening to A$3 million, international drilling and technology company Swick Mining Services has started paying dividends again.

Driller Swick restores dividend despite loss Driller Swick restores dividend despite loss Driller Swick restores dividend despite loss Driller Swick restores dividend despite loss Driller Swick restores dividend despite loss

About 10,000m of core will be scanned by Swick's GeoCore X10 analyser during the Degrussa pilot operation in Western Australia

The A3c/share interim dividend was declared after the drilling business generated $7 million in operating cashflow from group revenue that increased 8% to $81.5 million.

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