Boart Longyear has had its financial future secured following Centerbridge Partners' decision to increase its investment in the company.
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Cutting drill costs
The implementation of a drill control interface has boosted productivity at the face
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Boart Longyear future looks uncertain
The continued future of Boart Longyear is cloudy following the driller's latest negative financial results.
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Boart Longyear launches new drilling orientation system
New drill orientation systems are helping drillers cut time and costs.
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Boart launches new rock drill
Boart Longyear has released a new rock drill, the S250-M3, designed to cut noise levels.
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Boart Longyear launches new down the hole hammers
Boart Longyear has released a new BLH series of DTH hammers and bits.
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A dual approach to water well drilling
New approaches to water well and bore drilling is making water more accessible in the Pilbara.
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Boart launches new underground drill rig
Boart Longyear has launched a new underground diamond coring drill rig - the LM 110.
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Boart sees massive earnings drop as Swick lifts profit
Despite lowered exploration from miners on a cost cutting frenzy, two drilling companies, Boart Longyear and Swick Mining Services have seen dramatically different results.
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Bosses’ pay under radar as mining boom busts
Executive salaries are under scrutiny as the mining industry implements belt-tightening measures across its companies.
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China exploits cheap mining assets as stocks plunge
China’s state-owned private companies and enterprises will take advantage of weak equity and asset values in the resources industry by accelerating acquisitions and investments.
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Boart revises earnings expectations down
Drilling company Boart Longyear has slashed its full-year earnings forecasts as the mining sector continues to soften.
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Adapt or shut shop: Mastermyne head
Managing director of coal mining services company Mastermyne Tony Caruso has issued a blunt warning for its company: react and adapt, or shut shop.
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NRW next in line for profits downgrade
West Australian earth-moving firm NRW Holdings joins a list of mining services companies announcing a profit downgrade.
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Grim warning for mining services firms
As the mining boom shrinks, mining services firms will face the brunt of it and many companies could go under in 2013.
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Boart Longyear cuts over 1000 jobs
Massive cuts across the contract mining sector have come home to roost as drilling service and manufacturing company Boart Longyear slashes over 1000 jobs from its operations globally this year.
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Boart Longyear’s CFO leaving
Boart Longyear’s chief financial officer Joseph Raglan is leaving the drilling company.
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Pay cut for new Boart boss
The new CEO of Boart Longyear, Richard O'Brien, will take a paycut close to 40 per cent on his previous position as Newmont Mining CEO.
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Boart Longyear appoints new CEO and Chair
Drill manufacturer Boart Longyear has appointed Richard O'Brien as its new CEO and Barbara Jeremiah as the chair of the board.
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Lycopodium revises profits down
Lycopodium expects its full-year results to be in line with 2012, breaking previous run of record revenue and profits.
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