https://newsletter.mw.creamermedia.com
Building|Business|Exploration|Innovation|Mining|Safety|Services|Sustainable|Contracting|Drilling
Building|Business|Exploration|Innovation|Mining|Safety|Services|Sustainable|Contracting|Drilling
building|business|exploration|innovation|mining|safety|services|sustainable|contracting|drilling

SSC Group acquires controlling interest in Lesedi Drilling & Mining Contracting Company

4th June 2024

     

Font size: - +

The SSC Group is pleased to announce the acquisition of the controlling interest in Lesedi Drilling & Mining Contracting Company and its subsidiaries.

This marks a significant milestone and enhances SSC Group’s commitment to advance black economic empowerment and transformation. With this strategic acquisition, Lesedi Drilling has become 100% black-owned, reaffirming our dedication to fostering inclusive growth and creating sustainable opportunities within the mining industry.

This acquisition underscores our resolve to enhance representation and ownership in the sectors where historically marginalized groups have been underrepresented. Lesedi Drilling, renowned for its excellence in providing high-quality exploration diamond-drilling services, will continue to operate with the same commitment to safety, innovation, and customer satisfaction that has defined its reputation.

The SSC Group’s vision extends beyond ownership and aims to leverage this opportunity to drive meaningful change, creating a ripple effect that benefits our employees, communities, and the broader economy. By ensuring that Lesedi Drilling remains at the forefront of industry standards and technological advancements, we are not only investing in the future of the company, but also in the future of our people and communities.

SSC Group CEO, Fred Arendse said: “This acquisition highlights the significance of the integration of Lesedi Drilling into the SSC Group, emphasizing our commitment to economic empowerment, and positioning the company positively in the context of our group strategy and vision. We believe that this acquisition will catalyse further progress toward economic equality, aligned with SSC’s strategy of building capacity throughout the mining value chain, fuelled by its ambition of ultimately owning and operating mines”.

Arendse said that the SSC Group was excited to embark on this new chapter with Lesedi Drilling’s committed employees and management. “We are confident that under the SSC Group’s structure and leadership, Lesedi Drilling will continue to thrive and set new benchmarks for success”.

For more information, please contact:
Renate Lohmann
Head of Marketing and Business Development

Contact : renate@sscgroup.co.za

Edited by Creamer Media Reporter

Comments

Latest Multimedia

Latest News

Magazine round up | 18 April 2025
Magazine round up | 18 April 2025
18th April 2025

Showroom

BOVA Safety Wear
BOVA Safety Wear

BOVA cemented their reputation in Africa by delivering high quality engineering through their range of safety footwear. 21 years after producing...

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hillside Aluminium smelter in South Africa’s KwaZulu-Natal.
Hillside Aluminium guiding unchanged output for 2025 financial year
17th April 2025 By: Martin Creamer
Andrada CEO Anthony Viljoen.
Andrada looking to opening more mines in Namibia
16th April 2025 By: Martin Creamer
Resources Watch
Resources Watch
16th April 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.097 0.58s - 134pq - 2rq
Subscribe Now