London-listed contract mineral driller Capital has again lifted its 2025 revenue guidance, this time to US$335-350 million, on the back of record September quarter revenue of $93.9 million.
It previously raised its full-year revenue guidance to $320-340 million in August.
The Q3 total was 7.4% higher than Q2’s $87.4 million and marginally above the $93.7 million reported in the same period last year.
Capital said its MSALABS mineral testing laboratory arm was now contributing positively to group profitability and had new full-year revenue guidance of $65–75 million after generating $21 million in Q3.
Q3 2025 drilling and associated revenue of $65.1 million was up 1.9% yoy.



