Ausdrill and Brandrill to form combined mining services group

Ausdrill and Brandrill have announced a proposed merger of the two companies. The combined mining services group will have a strong and complementary range of Australian and international business operations. It is intended that Brandrill’s drilling businesses will use drilling consumables manufactured by Ausdrill’s Drilling Tools Australia business and benefit from the increased buying power of the combined group. It is also expected that the emerging DT Hi-Load truck body business has the potential to supply truck bodies to Ausdrill’s growing mining clients. (more…)