TSX:MDIMetals and Mining
Does Major Drilling (TSX:MDI) Reveal a Strategic Shift as Revenue Rises but Losses Persist?
Major Drilling Group International Inc. recently reported third-quarter fiscal 2026 results, with sales rising to CA$184.63 million while posting a quarterly net loss of CA$10.84 million, and on the same day appointed veteran mining geologist and executive Shannon McCrae to its Board of Directors.
McCrae’s extensive geology and mining leadership background, including roles at Barrick Gold, De Beers Canada and several mining company boards, adds technical and governance depth at a time when...