In focus: Company results
Perenti Drilling Services has achieved a 3 228 838 m (10 593 301 ft) via DD for FY26 (ended June 30, 2026). This result is a record for these statistics and represents continued significant growth over the result of 2 520 949 m (8 270 830 ft) from FY25 and that from FY24. In addition, the company has also reported an increase in RC meterage to 1 228 396 m (4 030 171 ft). Perenti’s drill fleet has also increased by 9 rigs, reaching a total of 321: 63 surface production, 147 surface exploration, and 111 underground. Company management has commented that the drilling division, formed by brands DDH1, Swick, Ausdrill, Ranger, and Strike, remains well positioned to capitalize on increasing customer demand in FY27.
For FY26 (ended Apr. 30), Major Drilling reported 2 600 838 m (8 532 933 ft) drilled via DD. This is an increase of 9000 m (29 528 ft) over FY25. RC drilling results are 1 416 946 m (4 648 773 ft) compared to 1 287 131 m (4 222 871 ft) from the prior FY. Their fleet totals 688 rigs. In 2026, the company introduced Major+, a line of high-performance tools including a drillside imaging unit, a hands-free rod handler, and a water control system, among others.
Boart Longyear has achieved 2 380 802 m (7 811 030 ft) DD in 2025 vs 2 238 556 m (7 344 344 ft) in 2024. The company also reported 538 336 m (1 766 194 ft) of RC drilling in 2025. Management is particularly encouraged by the quality of the revenue generated. Growth was achieved through a balanced portfolio of work, strong pricing discipline, and strategic customer relationships, resulting in a steady year-over-year performance rather than volume growth at any cost.
Orbit Garant reported slightly lower results for FY25 (ended June 30, 2025): 1 223 150 m (4 012 959 ft) compared to 1 310 460 m (4 299 409 ft). Per the company’s Annual Report, revenue, profit, and margin have all improved from FY24. Orbit Garant had a fleet of 186 rigs, a part of which is in the process of modernization.
On the back of record growth in 2024, Forages Rouillier announced a slight contraction in DD meterage to 668 194 m (2 192 238 ft) for 2025. This represents a decrease of less than 2% YoY.
Hy-Tech Drilling has returned to growth in 2025. The company has achieved 617 236 m via DD, compared to 540 535 m in 2024 (2 025 053 vs 1 773 409 ft). The company has also manufactured another 10 rigs, bringing its fleet to 104.
On the back of another successful year, RJLL Drilling has performed 508 250 m (1 667 487 ft) of DD; over 20 000 m (65 617 ft) more than in 2024. The company has 44 rigs in operation, 12 more than in 2024. RJLL President David Bradley explained that their tremendous growth comes with tremendous challenges in this issue’s 21 Questions here.
Geodrill and its South American subsidiary Recon Drilling have recorded another year of growth. Their total DD results are 495 973 m (1 627 208 ft) in 2025, an increase of over 50 000 m (164 042 ft). RC results have grown significantly to 1 141 176 m vs 825 958 m (3 744 016 vs 2 709 836 ft) in 2024. Geodrill had the same 102 mostly multi-purpose rigs and had 31 projects in 2025.
Turkish contractor and manufacturer Ortadoğu Drilling had a record year. In 2025, they reported 314 120 m (1 030 577 ft) achieved through DD, an increase of over 50%. The company had the same number of projects as in 2024 (31), and has added 3 diamond drill rigs for a total of 43.
Australian Topdrill has continued its growth in 2025. Management reported 285 297 m (936 014 ft) achieved through DD and a further 996 810 m from RC (3 270 374 ft). The latter result represents an increase of nearly 50% from 2024. Topdrill had 60 DD projects served by 18 drill rigs, 5 more than the year prior. Another 21 rigs worked the company’s 73 RC projects.
The Canadian division of Foraco International has reported drilling 254 218 m (834 049 ft) of DD in 2025. This represents a decrease from 2024. Please note that global results for this year were not available at the time of writing. However, Foraco International has a total of 260 drill rigs globally.
Another company with significant growth in 2025 is GEOPS. Their results from DD were 250 927 m (823 251 ft), achieved from 20 projects in Bulgaria and abroad. This represents a nearly 25% increase over 2024. The company has over 45 drill rigs.
Capital Limited, another company performing primarily other types of drilling, reported 239 392 m (785 407 ft) in 2025. This is a significant decrease from 2024. However, the company reported a second consecutive year of growth in other types of drilling: 439 348 m RC (1 441 431 ft); 65 000 m air core (213 255 ft); and, notably, 3 585 546 m (11 763 602 ft) of blast hole, grade control, and other.
This year’s new entry, Canadian G4 Drilling, reported performing 217 719 m of DD (714 301 ft). The result is close to 30% growth over figures from 2024.
Arctic Drilling Company from Finland reported 199 150 m (653 379 ft) achieved through DD in 2025. This is a decrease of around 5% from 2024. In addition, RC drilling results were 32 560 m (106 824 ft). Read more about the company in this issue’s In Focus here.
Brazilian DrillGeo reports results for the first time since 2023. They achieved 179 440 m (588 714 ft) through DD in 2025, whereas in 2024, they performed 160 235 m (525 705 ft). RC results have also grown from 15 240 m in the prior year to 17 183 m (50 000 vs 56 375 ft).
In 2025, Team Drilling has reported nearly identical results from DD compared to 2024: 160 100 m (525 263 ft).
Finnish KATI OY reported reaching 146 700 m (481 299 ft) through DD in 2025. This is an increase of nearly 9000 m (29 528 ft) from 2024.
Alton Drilling, New Zealand’s leading mineral exploration drilling contractor, has completed 112 211 m (368 146 ft) of DD in 2025. Across a total of 12 active projects and a fleet of over 40 drill rigs, the company reported further 6513 m (21 368 ft) of air core drilling and 22 241 m (72 969 ft) across specialized applications.
Another new entrant, African Ox Drilling, conducted 58 785 m (192 864 ft) of DD in 2025 across 8 projects, as well as 9850 m (32 316 ft) of RC in 2 projects for 2025. In total, the company had 14 rigs: 12 DD, 1 RC, and 1 for air core drilling.
Canadian Bryson Drilling has achieved 51 000 m (167 323 ft) through DD in 2025. This is a decline of more than 10% from the year prior.
Coring Magazine extends its congratulations to all companies for their outstanding results and expresses gratitude for their support!
Disclaimer
Coring Magazine proudly presents the new statistics of ‘Top mineral exploration drilling contractors for 2025’ ranked by the number of meters achieved exclusively through diamond drilling. All figures were provided and verified by the companies, and were rounded to whole numbers where needed. Results include a mix of calendar and fiscal year data, as noted throughout the text.
Some qualifying companies are not listed, having either declined to participate or not responded.
The magazine cannot be held liable for any errors or inconsistencies presented in this report.
