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Throughout the year, we've shared photos of our teams celebrating Independence Day in each country where we do business. Enjoy this video as we share them all together with you. It's our way of celebrating our worldwide family of drillers on this Canada Day.
As we come full circle to mark Canada Day at our headquarters in Moncton, New Brunswick, we also celebrate our #MajorDrilling40 years in the industry and our position as the world leader in specialized drilling. For this, we thank our staff and team members in the field, our valued clients and celebrate with all those who love freedom throughout the world. Together, we share our universal values of Quality, Safety, Results. Have a safe and happy Canada Day!
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Our Story
In March of 1995, Major Drilling Group International Inc. undertook its initial public offering, listing shares on the Toronto Stock Exchange. However, our story begins 15 years before that…
The Early Years
In the first twenty years of its history, Major Drilling pursued a strategy of expanding geographically as a conventional drilling company. We acquired several mineral exploration drilling companies in Eastern Canada between 1980 and 1985. Our strategy in these acquisitions was to buy equipment at a reasonable price, strengthen the Company by adding talented and experienced personnel and increase the geographic reach and client diversity of the business.
The 90s - International Expansion
In the early 90s, we expanded into Mexico and South America. Moving into these markets required us to reconsider our expansion through acquisition strategy because there were few local drilling companies that met our standards. Instead of purchasing local drilling companies as we had done in the United States and Canada, we incorporated foreign subsidiaries and grew them organically.
Expanding Canadian Operations
Beginning in 1997, our focus turned to expanding our Canadian operations beyond Eastern Canada and also looked to Australia, with its strong tradition in the mining sector.
Moving into the 21st Century
In 2000, we shifted our focus from geographical expansion to a strategy of dominating specialized drilling. The shift in strategy was based on the realization that most of the ore bodies that will be discovered and explored in the coming years will be difficult to access. We then began a substantial build up of our specialized capabilities and our specialized fleet, complimented with strategic acquisitions of specialized drilling firms.
Looking Ahead
Major Drilling has worked hard to expand and develop our global presence over the years. We have heavily invested in people and training, growing us into a strong and competent workforce in every one of our drilling locations around the world. We look forward to growing with our customers into the future.