MASTER DRILLING ACQUIRES STAKE IN UNDERGROUND CONTROL SYSTEMS COMPANY, A&R GROUP

30 July 2021 – Master Drilling Group Limited (“Master Drilling”, JSE: MDI), a global leader in providing drilling services to the mining, civil engineering and building construction sectors, today announced an initial 25% investment in A&R Group (“A&R”). Over the years A&R Engineering & Mining Supplies (Founded 1978), has become a leading operator in the…

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MASTER DRILLING FULL YEAR PERFORMANCE SUPPORTED BY DIVERSIFIED FOOTPRINT AND FLEXIBLE BUSINESS MODEL

23 March 2021 – Master Drilling Group Limited (Master Drilling, JSE: MDI), a global leader in providing drilling services to the mining, civil engineering and building construction sectors, today reported a muted but resilient performance for the full year ended 31 December 2020, demonstrating the benefits of its flexible business model and diversified footprint. Commenting…

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MASTER DRILLING ACQUIRES STAKE IN DATA-DRIVEN MINING FLEET MANAGEMENT SOLUTIONS, AVA SOLUTIONS

10 March 2021 – Master Drilling Group Limited (“Master Drilling”, JSE:MDI), a global leader in providing drilling services to the mining, civil engineering and building construction sectors, today announced a 40% investment in AVA Solutions (“AVA”) a specialist in data-driven mining fleet management solutions. Founded in 2015 by Anton Fourie and Jason van der Watt,…

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DIVERSIFICATION STRATEGY SUPPORTS MASTER DRILLING’S RESILIENCE DURING A PERIOD OF UNPRECEDENTED DISRUPTIONS

25 August 2020 – Master Drilling Group Limited (Master Drilling, JSE: MDI), a global leader in providing drilling services to the mining, civil engineering and building construction sectors, today reported its results for the six-months ended 30 June 2020 amid unprecedented disruptions due to the COVID-19 pandemic. Commenting on the first half of the year,…

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SUPERIOR TECHNOLOGY AND SKILLS DRIVE RECORD ACHIEVEMENT FOR MASTER DRILLING

Master Drilling sets new World Record with 1 382 metre hole Master Drilling Group Limited (“Master Drilling”, JSE:MDI), a world leader in the raise bore drilling services industry, has added another record to its name, with the successful completion of the pilot hole for raise-boring at Northam Platinum’s Zondereinde mine. Drilling of the pilot hole…

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Market diversification remains Master Drilling’s sweet spot in a challenging operating environment

24 March 2020 – Master Drilling Group Limited (Master Drilling, JSE: MDI), a global leader in providing drilling services to various sectors, today reported its results for the year ended 31 December 2019, recording an increase in revenue of 6.9% to USD148.3 million and a slight decrease in operating profit of 5.1% to USD22.4 million,…

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Diversification in global markets remains a key driver of growth for Master Drilling

10 September 2019 – Master Drilling Group Limited (Master Drilling, JSE: MDI) today released the group’s results for the six months ended 30 June 2019. During the six-month period, an increase in revenue was realised on the back of the acquisition of the Atlantis Group, which has strengthened Master Drilling’s operations in the regions in…

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Master Drilling’s continued investment in technology developments to support healthy pipeline

26 March 2019 – Master Drilling Group Limited (Master Drilling, JSE: MDI) today reported stable results for the year ended 31 December 2018. Revenue increased by 14.2% to USD138.7 million and operating profit remained stable at USD23.6 million, marking a positive result given challenges in the macroeconomic environment experienced by the business in many of…

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