History

Ausdrill is a company strategically positioned to provide a comprehensive array of services to a number of global sectors. A diverse range of businesses sit under the Ausdrill Group umbrella, providing services to the mining, earthmoving, manufacturing, logistics, automotive and telecommunications industries across the world. The Ausdrill Group employs over 3,000 dedicated personnel worldwide. Ausdrill Ltd is a public listed company on the ASX.

The History of the Ausdrill Group

1987	Founded in Kalgoorlie
1989	Purchased the assets of the Drilling Division of Seltrust Mining / BP Minerals International
1991	Formed Ausdrill Ghana – operating in 5 West African countries
1992	Commenced Operations in South America
1993	Formed West African Mining Services operating in Ghana
1994	Floated on the Australian Stock Exchange in February
1996	Purchased the assets of the WMC Exploration Drilling Division in July
1996	Purchased the assets of the Drilling Department of the WMC Kambalda based nickel and gold operations
1996	Entered into an alliance with Eltin (now Henry Walker Eltin) to form African Mining Services (Ghana), a 50/50 JV company.
1997	Purchased the assets of Major Drill and entered the specialised lake drilling market.
1998	Entered into an alliance with Henry Walker Eltin to form African Mining Services (Tanzania), a 60/40 JV company.
1998	Entered into an alliance with Stanley Mining Services / Layne Christensen to form West African Drilling Services a 50/50 JV company.
1998	WAMS Freight changed it’s name to Supply Direct, to better reflect the global operations of the company
1999	Purchased 50 % of Diamond Communications in November
2000	Purchased Australian Communications Engineering in July
2001	Merged Diamond Communications and Australian Communications Engineering. Increased ownership of Diamond Communications to 75%
2001	Sold share of WADS to Layne Christensen in July
2001	Sold Queensland and NZ assets to Major Pontil in July
2002	Purchased 50 % of General and Civil, underground power installers
2002	Closed all operations in South America
2003	Formed Ausdrill Northwest Pty Ltd and purchased the assets of drilling contractor Drillex Pty Ltd
2003	Purchased 50% of Remet Engineers
2003	Acquired remaining 25% of Diamond Communications
2004	Commenced operations of Drilling Tools Australia Pty Ltd (formerly Ausdrill Enterprises Pty Ltd) manufacturing company
2005	Acquired remaining 50% of African Mining Services (Ghana)
2006	Purchased 50% of Westrans Services WA a light engineering/maintenance company specialising in transport equipment
2007	Formed Ausdrill Mining Services providing earthmoving services in Australia
2007	Formed Drill Rigs Australia Pty Ltd, manufacturer and maintenance service provider for drill rigs, drilling support equipment and ancillary equipment
2007	Entered into an alliance with Barminco Ltd to form African Underground Mining Services, a 50/50 JV company
2007	Purchased The Miner's Rest motel providing affordable accommodation options
2008	Acquired remaining 50% of Remet Engineers
2009	Acquired remaining 50% of Westrans Services WA
2009	Purchased Synegex Holdings Pty Ltd, manufacturer of bulk explosives
2009	Entered into an alliance with Tom Browne Drilling to form Energy Drilling Australia, a 50/50 JV company
2009	Acquisition of 100% Brandrill by way of scheme of arrangement – issued 33.1 million shares at $2.13 per share
2010	Capital raising to fund growth - issued 51.8 million shares at $2.00 per share; disposed of Westrans Services WA, Independent Components and Strange Drilling
2010	Entered into the commercial minerals assaying business forming MinAnalytical Laboratory Services Australia
2010	S&P Indices, the leading provider of equity indices in Australia, announced addition to S&P/ASX 200 list
2011	Acquired 100% of the drilling business trading as Connector Drilling for consideration of approximately A$30 million
2011	Achieved ASX market capitalisation of $1 billion dollars