About Major Drilling
Major Drilling is a company based in Moncton (Canada) founded in 1995. Major Drilling has completed 3 acquisitions, including Explomin, McKay Drilling and Norex Drilling. Major Drilling offers products and services including Surface Drilling and Underground Drilling.
- Headquarter Moncton, Canada
- Stage Public
- SectorsNatural Resources
- Email••••••••
- Phone•••• ••••
- Website majordrilling.com
- Social LinkedIn X Facebook
- Legal Name Major Drilling Group International Inc.
Products & Services of Major Drilling
Major Drilling offers a comprehensive portfolio of products and services, including Surface Drilling and Underground Drilling.
Surface drilling services are offered, including coring, reverse circulation, and sonic methods, which are primarily utilized in mining exploration
Underground drilling services are provided, encompassing percussive drilling and longhole methods, which support mining operations worldwide
Funding Insights of Major Drilling
- Total Rounds 1
- Last Round Debt – Venture — $10M
- First Round $10M
(Aug 2011)
- Investors Count 1
All 1 funding rounds of Major Drilling with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2011 | $10M | Debt – Venture | – | – |
1 investors in total: 1 institutional.
Investors in Major Drilling
Major Drilling has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IAM Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Limited details are disclosed about IAM Group's core operations. | 1998 | iamgroup.ca | Toronto, Canada |
Investor details for Major Drilling
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People of Major Drilling
38 people are tracked at Major Drilling (13 in leadership, 7 in board & advisors, 18 in team).
| Name | Role | Group |
|---|---|---|
Ben Graham | VP, HR & Safety | Leadership |
Denis Larocque | Director, President & CEO | Leadership |
Ian Ross | CFO | Leadership |
Jody Cairns | Director Of Information Technology | Leadership |
Marc Landry | VP, Technology & Logistics | Leadership |
John Ross Davies | VP, Operations, Australasia & Africa | Leadership |
Kevin Slemko | VP, US Operations | Leadership |
Barry Zerbin | VP, Canadian Operations | Leadership |
Leomila Maglantay | Director Of Internal Audit | Leadership |
Samuel Williams | General Manager | Leadership |
John Davies | VP Operations Australasia & Africa | Leadership |
Eugenie Embree | Director Of Finance | Leadership |
Andrew McLaughlin | VP, Legal Affairs & General Counsel | Leadership |
Louis-Pierre Gignac | Director | Board & advisors |
Kim Keating | Director & Chair | Board & advisors |
Janice G. Rennie | Director | Board & advisors |
Sybil Veenman | Director | Board & advisors |
Jo Mark Zurel | Director & Past HR Committee & Audit Committee Chair | Board & advisors |
Robert Krcmarov | Director | Board & advisors |
Caroline Donally | Director | Board & advisors |
18 more people are available in the full profile.
Complete people profiles for Major Drilling
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IPO & Listings of Major Drilling
Major Drilling is a publicly listed company on the TSX with ticker symbol MDI in Canada, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 Mar 1995
- Listed onTSX: MDI
- Listed entityMajor Drilling Group International Inc.
- Exchange sectorIndustrial services
- ISINCA5609091031
- Share price15.86 CAD (-1.73% on the day) · 2026-10-08
- Market capitalisation1,304,267,531.00 CAD
- Price to earnings50.6
- EPS (diluted, trailing year)0.31 CAD
- Volume (last session)74,511
Financials of Major Drilling
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 889.1M CAD | 21.4M CAD | 116.5M CAD |
| 2024 | 727.6M CAD | 25.9M CAD | 111.5M CAD |
| 2023 | 706.7M CAD | 53.1M CAD | 135.3M CAD |
| 2022 | 735.7M CAD | 74.9M CAD | 158.9M CAD |
| 2021 | 650.4M CAD | 53.5M CAD | 126.3M CAD |
Detailed financial statements for Major Drilling
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Investments & Acquisitions by Major Drilling
Major Drilling has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Explomin, McKay Drilling and Norex Drilling.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of diamond and geotechnical drilling services | explomin.com | Lima, Peru | 2001 | Nov 2024 | $85M | |
Drilling services for the mining industry are provided in Australia. | mckaydrilling.com.au | Wangaratta, Australia | 1990 | May 2021 | $62M | |
Drilling services are provided by Norex Drilling in Canada. | norexdrilling.com | Timmins, Canada | 1980 | Nov 2019 | $15.2M |
Complete acquisition details for Major Drilling
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Major Drilling
6 dated milestones of Major Drilling across 29 years, from founding to its latest funding, stage changes and deals.
- Founded Major Drilling is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $10.0M.
- Acquisition Acquires Norex Drilling.
- Acquisition Acquires McKay Drilling.
- Acquisition Acquires Explomin.
Web traffic of Major Drilling
The website of Major Drilling (majordrilling.com) receives about 8.8K visits a month.
- Monthly visits8.8K
▲ 13% vs previous month
Websites whose visitors overlap most with Major Drilling. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dailycommercialnews.com | 100% | – | – | View details | |
iadc.org | iadc.org | 94% | – | #325,950 | – |
| boartlongyear.com | 94% | 26.1K | #1,003,705 | View details | |
| energold.com | 82% | 1.1K | #14,290,867 | View details | |
rigsourceinc.com | rigsourceinc.com | 70% | – | #4,644,413 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Major Drilling
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- 11 similar websites
- Audience overlap
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Latest news on Major Drilling
Complete news archive for Major Drilling
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Major Drilling
10 companies that operate in the same segment as Major Drilling (Services for Mining Industry), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Onshore drilling services are provided using programmable multidirectional rigs. | 2011 | Leesburg, Virginia, United States | USD 153 M | USD 210.11 M | 600 | |
Drilling management solutions are provided for the mining sector. | 1933 | Brisbane, Queensland, Australia | – | – | – | |
Mining and infrastructure projects are developed via real estate. | 1902 | Johannesburg, Gauteng, South Africa | – | – | – | |
Oil and gas drilling services are provided worldwide. | 1920 | Tulsa, Oklahoma, United States | – | USD 3.75 B | 7,000 | |
Civil, property construction, quarry, and machinery rental services are provided. | 1977 | Petaling Jaya, Selangor, Malaysia | – | USD 27.77 M | 114 | |
Bulk material handling and mineral processing systems are manufactured. | 1947 | Chennai, Tamil Nadu, India | – | USD 67.25 M | 2,310 | |
Development and exploration company focused on producing coal | 2006 | Gurugram, Haryana, India | – | USD 25.9 M | 574 | |
Provides mineral processing and waste treatment services for the mining and reclamation industries | 2018 | Casper, Wyoming, United States | USD 84.5 M | – | – | |
Mineral deposits are explored and mined by BRM in Indonesia. | 2003 | Jakarta, Jakarta, Indonesia | – | USD 245.28 M | 834 | |
Contract-based coal mining services are offered by SMASL. | 1989 | Gurugram, Haryana, India | USD 40.7 M | USD 119.62 M | 774 |
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Frequently Asked Questions about Major Drilling
Major Drilling was founded in 1995 and raised its 1st funding round 16 years after it was founded.
Major Drilling is headquartered in Moncton, Canada. It is registered at Moncton, New Brunswick, Canada.
Annual revenue of Major Drilling is $650.49M as on Apr 30, 2026.
Major Drilling was established in 1995 and is headquartered in Moncton, Canada. Drilling services are delivered to the mining and mineral exploration industry, supporting exploration and development projects. Operations focus on providing specialized drilling solutions across various terrains. The company maintains a presence in the sector through its online domain, majordrilling.com, ensuring access to global clients in resource extraction.
Major Drilling offers Surface Drilling and Underground Drilling.
Yes, Major Drilling is publicly traded on TSX under the ticker symbol MDI.
Major Drilling has made 3 acquisitions, including Explomin, McKay Drilling, and Norex Drilling.
Major Drilling has 1 investor. Key investors include IAM Group.
Major Drilling operates through Major Drilling Group International Inc.