Drilling Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
GGX | F | Gas2Grid Limited | 0.00 | |
AJL | F | AJ Lucas Group Limited | 0.00 | |
BCN | F | Beacon Minerals Ltd | -4.55 | |
CUL | F | Cullen Resources Limited | 25.00 | |
POD | F | Podium Minerals Limited | -3.03 | |
XST | D | Xstate Resources Limited | 0.00 | |
MCE | D | Matrix Composites & Engineering Limited | -2.13 | |
MRD | D | Mount Ridley Mines Ltd | 0.00 | |
MSV | D | Mitchell Services Ltd | -1.47 | |
AHN | D | Athena Resources Limited | 0.00 |
Related Industries: Copper Diversified Industrials Engineering & Construction Gold Industrial Metals & Minerals Oil & Gas Drilling Oil & Gas E&P Telecom Services Tools & Accessories
Date | Stock | Title |
---|---|---|
Nov 18 | MSV | Centrepoint Alliance Leads The Charge Among 3 ASX Penny Stocks |
- Drilling
Drilling is a cutting process that uses a drill bit to cut a hole of circular cross-section in solid materials. The drill bit is usually a rotary cutting tool, often multi-point. The bit is pressed against the work-piece and rotated at rates from hundreds to thousands of revolutions per minute. This forces the cutting edge against the work-piece, cutting off chips (swarf) from the hole as it is drilled.
In rock drilling, the hole is usually not made through a circular cutting motion, though the bit is usually rotated. Instead, the hole is usually made by hammering a drill bit into the hole with quickly repeated short movements. The hammering action can be performed from outside the hole (top-hammer drill) or within the hole (down-the-hole drill, DTH). Drills used for horizontal drilling are called drifter drills.
In rare cases, specially-shaped bits are used to cut holes of non-circular cross-section; a square cross-section is possible.
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