ASX
$1.400
0*

History

AUSDRILL HAS GROWN FROM A SMALL DRILLING BUSINESS IN 1987 INTO ONE OF AUSTRALIA’S TOP 200 COMPANIES.

1987

2016

 
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1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2016
  • Founded in Kalgoorlie
  • Ausdrill purchased Tara Drilling
  • Awarded the Fimiston blast hole drilling contract by Roche Brothers
  • Purchased the assets of the Drilling Division of Seltrust Mining / BP Minerals International
 
  • Formed Ausdrill Ghana – operating in 5 West African countries
  • Commenced Operations in South America
  • Formed West African Mining Services operating in Ghana
  • Floated on the Australian Stock Exchange in February
 
  • Purchased the assets of the WMC Exploration Drilling Division in July
  • Purchased the assets of the Drilling Department of the WMC Kambalda based nickel and gold operations
  • Entered into an alliance with Eltin (now Henry Walker Eltin) to form African Mining Services (Ghana), a 50/50 JV company.
  • Purchased the assets of Major Drill and entered the specialised lake drilling market.
  • Entered into an alliance with Henry Walker Eltin to form African Mining Services (Tanzania), a 60/40 JV company.
  • Entered into an alliance with Stanley Mining Services / Layne Christensen to form West African Drilling Services a 50/50 JV company.
  • WAMS Freight changed it’s name to Supply Direct, to better reflect the global operations of the company
  • Purchased 50 % of Diamond Communications in November
  • Purchased Australian Communications Engineering in July
  • Merged Diamond Communications and Australian Communications Engineering. Increased ownership of Diamond Communications to 75%
  • Sold share of WADS to Layne Christensen in July
  • Sold Queensland and NZ assets to Major Pontil in July
  • Purchased 50 % of General and Civil, underground power installers
  • Closed all operations in South America
  • Formed Ausdrill Northwest Pty Ltd and purchased the assets of drilling contractor Drillex Pty Ltd
  • Purchased 50% of Remet Engineers
  • Acquired remaining 25% of Diamond Communications
  • Commenced operations of Drilling Tools Australia Pty Ltd (formerly Ausdrill Enterprises Pty Ltd) manufacturing company
  • Acquired remaining 50% of African Mining Services (Ghana)
  • Purchased 50% of Westrans Services WA a light engineering/maintenance company specialising in transport equipment
  • Formed Ausdrill Mining Services providing earthmoving services in Australia
  • Formed Drill Rigs Australia Pty Ltd, manufacturer and maintenance service provider for drill rigs, drilling support equipment and ancillary equipment
  • Entered into an alliance with Barminco Ltd to form African Underground Mining Services, a 50/50 JV company
  • Purchased The Miner's Rest motel providing affordable accommodation options
  • Acquired remaining 50% of Remet Engineers
  • Acquired remaining 50% of Westrans Services WA
  • 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
  • Acquisition of 100% Brandrill by way of scheme of arrangement – issued 33.1 million shares at $2.13 per share
  • 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
  • Entered into the commercial minerals assaying business forming MinAnalytical Laboratory Services Australia
  • S&P Indices, the leading provider of equity indices in Australia, announced addition to S&P/ASX 200 list
  • Acquired 100% of the drilling business trading as Connector Drilling for consideration of approximately A$30 million
  • Achieved ASX market capitalisation of $1 billion dollars
  • Acquired the remaining 50% of Energy Drilling Australia
  • Acquired 100% of the Best Tractor Parts business for consideration of approximately A$165 million
  • Exited the DT HiLoad truck tray manufacturing business
  • Sold the Drilling Tools Australia business to Robit plc for $66 million