Page 173 - ABN V4i4
P. 173

 African Business Network 173
optimal e ciency, mining trucks should be in operation at least 6,000 hours per year. Mapasa took that  gure as a benchmark
for e ciency and now Basil Read has been able to demonstrate at least 6,000 hours per truck per year - a clear re ection of what the company can do in challenging market conditions.
With commodity prices steadily returning across the board so too is the  ow of capital for new projects and expansions. Basil Read is targeting a position as the go-to partner for any new mine construction in sub-Saharan Africa.
While it will remain a diversi ed construction, engineering and development  rm, Mapasa
sees big opportunities to establish Basil Read as a market leader in the growing African mining services sector.
“We will continue to pursue our blue chip- type clients, we are looking to expand on those relationships and see where that takes us. We have a very aggressive growth strategy in that sense,” Mapasa exclaims.
“We want to exploit the growth opportunities in the mining business in Africa. “
CONTACT +27 11 418 6300

   171   172   173   174   175