Ghanaian Technicians at Geodrill Build Locally-Made Drill Rigs

Image

Technicians at Ghana-based exploration drilling company, Geodrill, have successfully built a multipurpose drill rig in the country. This is the sixth time the company is locally manufacturing its own drill rig designed specifically for the Ghanaian terrain.

Eric Twum, the Workshop Manager at Geodrill, who led the team assembling the drill, explained the feat goes a long way to confirm that when the right training, opportunities and investments are made in the local economy, Ghanaians can produce anything.

The latest rig, which he described as unique, is an up-spec’d version of those supplied of international drill rig manufacturers that are used throughout the mining industry.

“This is a multipurpose drill. It can be used to conduct both reverse circulation and core drilling,” Twum explained.

“It also further serves as a water borehole drill to provide water for communities and is on a crawler base so it can self-propel itself around in difficult terrain”, he further explained.

The drill was unveiled recently at Anwiankwanta near Kumasi, is where Geodrill is operationally headquartered.

Eric Twum, who has 18 years’ experience in the industry, expressed excitement over what they have been able to build after 22 years when the CEO, Dave Harper foundered the company in 1988.

He recalled that in the past, the company used to buy the drills from overseas and remodel to fit the local terrain. However, with a principal of local content at the heart of Geodrill’s thinking the company has been continuously developing competence in house.

The team has had constant training, resource mobilisation and determination, “we are building international standard drills that best fit our terrain.”

A member of the team, James Matinson, was elated that the entire team was full of Ghanaians from welding, structural works, painting/spraying, electrical and mechanic works (engine, pumps, hoses and compressor) among others.

CEO of Geodrill, Dave Harper, originally from Australia, noted that local content has been at the centre of its operations and plans since day one.

“For this reason, we have invested heavily in training over the two decades of operation. Geodrill hires locally and trains from within according to international best practices in mining,” Mr Harper stressed.

With operations in Ghana (HQ), Burkina-Faso, Côte d’Ivoire, Mali and Zambia, Geodrill is ready to enter other African countries not only to invest but also build local capacity and create an African dominated mining exploration industry.

Share
Related Stories
Image
17-October-2023

World Bank, IMF and Africa’s Development

By Professor Maurice Okoli Amid heightened criticisms and intense debates over several significant global issues including new financial architecture, economic diversification, growing debts and reforms, the International Monetary Fund (IMF) and the World Bank, on October 15 wrapped up their week-long annual meetings held under the theme “Global Action, Global Impact” in Marrakesh, Morocco in North Africa. With the rapid geopolitical changes, it featured prominently finance ministers and central bank governors from 190 countries in desperate search of comprehensive mechanisms and suitable approaches to address the prevailing economic crisis across the globe. The coordinated annual meetings also reviewed its scope

Image
20-October-2023

UAE Establishes Circular Economy Committee

By Precious Olisa The United Arab Emirates (UAE) has established a circular economy committee that will develop a national strategy for the efficient use of resources and reducing waste in the country. A statement disclosed that the team would focus on the circular economy principles of reducing, reusing and recycling materials to minimize environmental impact and save resources. The new circular economy committee comprises public and private sector members, who will promote investments in circularity and accelerate the adoption of circular economy practices. Last year, the UAE announced the UAE Net Zero by 2050 Strategic Initiative, a national drive to

Image
05-October-2023

AfDB, ECOWAS Bank Sign Dual Currency Credit to Tackle Food Insecurity

By Adedapo Adesanya The African Development Bank Group (AfDB) and the ECOWAS Bank for Investment and Development (EBID) have signed an agreement for a dual currency line of credit comprising $50 million and €50 million to support local agricultural businesses in West Africa. The credit lines are expected to strengthen food security, economic growth, and employment generation. The President and Chairman of the Board of Directors of EBID, Mr George Agyekum Donkor and Mr Solomon Quaynor, AfDB Vice President for Private Sector, Infrastructure, and industrialisation, formalised the agreement during a signing ceremony at the bank’s headquarters in Abidjan, Côte d’Ivoire.

Image
07-November-2023

Russia–Africa: Thousand Prospects for Energy Cooperation

By Kestér Kenn Klomegâh The African continent is one of the fastest-growing energy markets in the world. This is due to the growing economic and demographic potential of African countries, as well as the efforts of many of them to combat climate change. Despite having passed through a long period of tumultuous post-colonial era, Africa’s efforts to ensure effective energy cooperation with leading global powers has not been an easy journey down the years. Until today, more than half of the estimated 1.4 billion still have no access to electric power for domestic utilization while industries continue suffering from frequent

More Stories
Image
04-April-2023

Foreign Airlines May Abandon Nigeria as Trapped Funds Hit $802m

By Adedapo Adesanya There are worries in the Nigerian aviation industry as the total amount of foreign airlines’ trapped funds in the country has risen to $802 million from the $743.7 million reported less than a month ago. The updated figure, which was provided by the International Air Transport Association (IATA), the Switzerland-based trade association of world airlines, showed a 7.8 per cent rise. IATA warned the Nigerian government that the situation could hamper air connectivity, economic growth, and the development of the country’s aviation sector. The Director-General of IATA, Mr Willie Walsh, made the disclosure while launching Focus Africa,

Image
12-August-2017

Fake Prophets Better Than False Teachers—Iginla

By Dipo Olowookere Senior Pastor of Champions Royal Assembly, Kubwa, Abuja, Prophet Joshua Iginla, has disclosed that it is better having a fake prophet than a false teacher. In a message to his members and Nigerians, Mr Iginla explained that a false prophet can only mislead an individual but a false teacher can make the world lose everything. Using some bible references, he further explained critically how a lot of the so called men of God have led their members wrong in the things of God. “Any message that says when you become born again you are free from all

Image
23-September-2020

Food Concepts, Nipco Sink Unlisted Securities Market by 0.25%

By Adedapo Adesanya The bears feasted on the NASD Over-the-Counter (OTC) Securities Exchange on Tuesday on the invitation of Food Concepts Plc and Nipco Plc. At the close of business yesterday, the bears chased out the bulls from the exchange and left the unlisted securities market bleeding by 0.25 per cent. As a result, the NASD Unlisted Securities Index (NSI) slid by 1.83 points to 727.03 points from 728.86 points, while the market capitalisation depreciated by N1.35 billion to N534.05 billion from N535.40 billion. Business Post reports that the share price of Food Concepts, owners of the popular Chicken Republic,

Image
31-March-2023

IFC, World Bank Charge Benin to Drive Growth with Agribusiness, Tourism

By Adedapo Adesanya The Republic of Benin can create quality jobs, grow its economy, and reduce poverty by enabling private sector–led expansion in its agribusiness and tourism sectors and by better leveraging its strategic location as a transit point into West Africa, according to a report published by the International Finance Corporation (IFC) and the World Bank. The Benin Country Private Sector Diagnostic (CPSD) explores the challenges and opportunities for Benin’s private sector, suggests areas for reform, and highlights sectors with the greatest potential to drive sustainable, inclusive growth in line with Benin’s Government Action Program (Programme d’Actions du Gouvernement,

Image
24-August-2019

Oil Suffers as China Slams $75bn Tariffs on US Goods

By Adedapo Adesanya  While the oil market was jittery awaiting a Fed hint at interest rate policy, China retaliated in the trade war with the U.S., announcing plans to slap tariffs on $75 billion worth of American goods and sending oil prices diving early on Friday. Brent Crude as at 9:30 pm (Nigerian Time) trading at $59.14, indicating a 78 cent drop equivalent to 1.3 percent and as at the same time, the West Texas Intermediate (WTI) Crude was down 2.57 percent or $1.42 at $53.73. After the Chinese announcement of measures to retaliate for the planned U.S. tariffs on

Image
31-March-2018

Morison Industries Lists Additional 837m Ordinary Shares

By Modupe Gbadeyanka An additional 836,983,125 ordinary shares of Morison Industries Plc have been listed on the daily official list of the Nigerian Stock Exchange (NSE). This information was confirmed in a statement issued by the management of the stock exchange. The additional equities were listed on the stock exchange on Monday, March 26, 2018 and they arose from the Morison Rights Issue of 836,983,125 ordinary shares of 50 kobo each at N0.60 per share on the basis of 11 new ordinary shares for every two ordinary shares held as at Friday, August 25, 2017. Morison Industries had last year

Image
13-April-2020

Buhari to Address Nigerians Today by 7pm

By Modupe Gbadeyanka President Muhammadu Buhari will on Monday night speak to the nation, the president has confirmed. A statement issued by the Special Adviser to the President on Media and Publicity, Mr Femi Adesina, said the address will be in a nationwide broadcast. About two weeks ago, Mr Buhari, after much pressure from citizens, spoke to the nation in a broadcast and he used the occasion to announce the lockdown of Lagos, Abuja and Ogun State for 14 days. During that broadcast, he had said the cessation of movements was to curb the spread of coronavirus disease in the

Image
08-January-2017

5 Sure Ways To Effectively Market Your Startup On a Small Budget

By Adeniyi Ogunfowoke Startups may probably be the most affected in the present recession in Nigeria. This recession combined with the unfriendly business environment has made it arguably difficult for startups to fully perform. Notwithstanding, you still have to market or create a buzz around your business. You may want to abandon this because you have a small budget. Not to worry, Jumia Travel, gathers 5 ways you can effectively market your startup on a small budget. Use social media Almost every adult is on social media in this digital world. Thanks to the increased use of smartphones and slash

Ad
Ad
Recent Stories
Image
05-December-2023

Apprehension as Prices of Medication Drugs in Nigeria Surge by Over 1,000%

 By Adedapo Adesanya A new report from SB Morgen Intelligence has shown that prices of drugs have skyrocketed by as much as 1,000 per cent in the last four years, raising worries about Nigerians being able to treat themselves using orthodox methods. In the report Paying the Price on Health, the firm analysed the impacts of the Nigerian economy and foreign exchange crisis on the prices of essential medicines in the country. It was found that between 2019 and 2023, there were massive surges across four broad categories of Antimalarial, Antibiotics, Painkillers and Common Cold medicines. The report indicates that antibiotics

Image
05-December-2023

Board Chooses Onaivi to Head mediaReach OMD Nigeria

By Modupe Gbadeyanka From January 1, 2024, Mr Stephen Onaivi will take charge of mediaReach OMD Nigeria as the new Managing Director following the approval of his appointment by the board of the organisation. He was chosen for the position after working as the MD of OMD Ghana, where he contributed to developing a multi-disciplinary, forward-looking media and advertising industry and serviced an array of national, multinational, and regional clients. In his new role, Mr Onaivi will drive the OMD brand across West and Central Africa to enhance client value and ensure the seamless integration of OMD values, technology, and

Image
05-December-2023

Tanzanian Sensation Abigail Chams Joins Spotify’s EQUAL Africa as December’s Artist Ambassador

Afro-pop songstress Abigail Chams (real name Abigail Chamungwana) continues to collect accolades. Following her nomination in 2022 for the Emerging Artist award at the Tanzania Music Award, she closes 2023 as the Spotify EQUAL Africa ambassador for the month of December. The prodigiously talented Abigail, or Abby, as she is often referred to, is a multilingual singer who performs in Swahili, French and English. She is also a multi-instrumentalist who plays five musical instruments, the violin, piano, guitar, flute and drums. The Nani hitmaker was born into a family with a musical heritage where her grandfather directed an orchestra and

Image
05-December-2023

MultiChoice Talent Factory in West Africa: A Year of Empowering Creatives and Transforming the Industry

Since its launch in 2018,  MultiChoice Talent Factory (MTF), a dynamic corporate shared value (CSV) initiative, has been at the forefront of imparting the technical skills needed for high-quality film production in Africa. Yearly, the MTF West Africa Academy trains and graduates a new set of African storytellers, via a 12-month fully funded training programme that equips them to project the culture of African communities through their films and moves. Some of these young talents have gone on to produce movies and series, some of which aired on Africa Magic channels. Like in any industry, partnerships are the strategic anchor

Image
05-December-2023

Shippers’ Council Ready to Partner Lekki Deep Seaport

By Adedapo Adesanya The Nigerian Shippers’ Council (NSC) has expressed its readiness to partner with the Lekki Deep Seaport by promoting the seamless movement of cargo and the efficiency of the nation’s ports. The NSC Executive Secretary, Mr Pius Akutah, gave the assurance when the Managing Director, Lekki Port LFTZ Enterprise Limited (LPLEL) – promoters of Lekki Deep Seaport, Mr Du Ruogang, led the port’s management on a courtesy visit to the NSC in Lagos. Mr Akutah, who commended the Lekki Deep Seaport management for the visit, said the council would partner with the port in areas that would boost

Image
05-December-2023

Nigeria Puts Presidential Aircraft Falcon 900B For Sale

By Adedapo Adesanya Nigeria has put the presidential aircraft, Falcon 900B, up for sale with the Nigerian Air Force (NAF) asking interested persons to submit their bids for the purchase of the aircraft. It was not disclosed how much the craft would be sold, according to a tweet on the official Nigerian Air Force page on X, formerly known as Twitter, where it said the aircraft was put up for sale following the federal government’s approval. “The Federal Government of Nigeria has approved the sale of Falcon 900B aircraft owned by the Nigerian Air Force (NAF),” NAF said in a

Image
05-December-2023

Airtel Africa Launches Nxtra by Airtel, Appoints Yashnath Issur as CEO

By Aduragbemi Omiyale A new data centre business known as Nxtra by Airtel has been unveiled by Airtel Africa Plc, with Mr the former head of Global Data Centre Portfolio Management at Amazon Web Services, Mr Yashnath Issur, appointed to lead the new organisation. Mr Issur is armed with about 16 years of experience in the industry and has, over the past year, built a team of experts to execute the strategy. Business Post gathered that Nxtra was established to meet Africa’s growing needs for trusted and sustainable data centre capacity and to serve the fast-growing African digital economy. The

Image
05-December-2023

The Banker Magazine Names Stanbic IBTC ‘Bank of the Year in Nigeria’

By Aduragbemi Omiyale The Banker magazine, a publication of the Financial Times, has announced Stanbic IBTC Holdings Plc as the Bank of the Year in Nigeria. The Nigerian financial institution was honoured by the media platform as an awards cement held on Thursday, November 30, 2023, in London. The event, widely acknowledged as the Oscars of the Banking Industry, attracted several critical stakeholders in the global banking sector. It was explained that Stanbic IBTC Holdings was picked for the recognition because of its exceptional achievements in banking excellence, adept navigation of industry challenges, and commitment to providing innovative financial services

Image
05-December-2023

Aleph Unveils Aleph Express for Nigerian MSMEs

By Aduragbemi Omiyale An application and proprietary solution for micro, small and medium-sized enterprises (MSMEs) in Nigeria, known as Aleph Express, has been launched by Aleph Group. A statement from the firm explained that Aleph Express provides a platform for MSMEs to create and maintain a free e-commerce website, create a product catalogue, set local delivery options, manage, record and process orders while gaining meaningful insights to drive growth. The platform also provides one unified inbox that integrates WhatsApp, Messenger, and Instagram, to enable businesses to efficiently engage and sell – all in one place. In addition, Aleph Express provides

Image
05-December-2023

NLC to Negotiate Cost of Living Reflective Minimum Wage

By Adedapo Adesanya The Nigeria Labour Congress (NLC) has said it would ensure that the next national minimum wage to be negotiated in 2024 reflects the prevailing cost of living. The union also lamented that following the removal of fuel subsidy by the federal government, life has become extremely unbearable for workers. Addressing participants at the opening of the 19th edition of the NLC’s Harmattan School in Abuja, President of the NLC, Mr Joe Ajaero, said it had become necessary for governments at all levels to recognise that life and living conditions were exceedingly difficult, especially for working people in