The LM™110 Is Introduced as the Most Powerful Underground Boart Longyear™ Diamond Coring Drill Rig

 SALT LAKE CITY — March 4, 2014 — Boart Longyear (www.BoartLongyear.com), the world’s leading provider of integrated drilling services, equipment and performance tooling, has expanded their line of underground LM™ modular diamond drill rigs to include the new LM110. Ideal for drilling deep holes, the LM110 is the most powerful Boart Longyear underground diamond coring drill rig to date.

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Boart Longyear Announces 2013 Full Year Financial Results, Amendment to Credit Agreement and Review of Strategic Options

Boart Longyear Limited (ASX: BLY), the world’s leading supplier of drilling services, drilling equipment and performance tooling for mining and drilling companies, today announces its financial results for the full-year ended 31 December 2013 and a further amendment to the covenants of its US$140 million revolving credit agreement (“Credit Agreement”). In addition, the Company is providing updates on its operations, including key performance indicators and an outlook for expected market conditions in 2014.

 

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Edmund J. Longyear to Be Inducted into International Mining Technology Hall of Fame

SALT LAKE CITY — Jan. 9, 2014 — Boart Longyear (www.BoartLongyear.com), the world’s leading provider of integrated exploration drilling services, equipment and performance tooling, is honored to announce that Edmund J. Longyear will be inducted into the International Mining Technology Hall of Fame’s inaugural class for his role in exploration. Fourteen inductees will be honored during a gala dinner hosted at the Grand America Hotel in Salt Lake City, Utah, on Saturday, Feb. 22, 2014.

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Boart Longyear Appoints Jeffrey Olsen as Chief Financial Officer

Boart Longyear Limited (ASX:BLY) – Boart Longyear announces that Mr Jeffrey Olsen will be joining the Company as its Chief Financial Officer effective April 1, 2014.

“I am pleased to have Jeff join Boart Longyear. His strong financial background and knowledge and understanding of the resources and mining industries, including his global experience in a broad range of senior financial and commercial roles with Rio Tinto, are a good fit for our Company and for our current priorities to improve our balance sheet and focus on shareholder returns,” states Boart Longyear President and CEO, Richard O’Brien.  “The Board and I also would like to thank Jay Clement for the leadership and judgment he has provided as Acting CFO during a very challenging period.  He has been indispensable to me since I joined the Company and will continue to be so.”

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Boart Longyear Announces 2013 Half Year Financial Results and Progress on Cost Restructuring

SALT LAKE CITY, UTAH, USA — August 25, 2013— Boart Longyear Limited (ASX: BLY), the world’s leading supplier of drilling services, drilling equipment and performance tooling for mining and drilling companies, today announces its financial results for the half-year period ended 30 June 2013 and progress on initiatives to reduce costs and improve financial flexibility.

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Boart Longyear Awarded US$70 Million Contract for the Kibali Gold mine

SALT LAKE CITY — August 16, 2013 — Boart Longyear (www.BoartLongyear.com), the world’s leading integrated exploration drilling services, equipment and performance tooling provider, has been awarded a contract for the exploration drilling services at the Kibali gold mine in the Democratic Republic of Congo (DRC). The contract has an expected duration of five years and value of up to US$70 million. Drilling is scheduled to commence immediately.

 

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Boart Longyear Receives International Mining Technology Hall of Fame Nomination

SALT LAKE CITY — Aug. 7, 2013 — Boart Longyear (www.BoartLongyear.com), the world’s leading provider of integrated exploration drilling services, equipment and performance tooling, is proud to announce that Edmund J. Longyear has been nominated in the exploration category for the International Mining Technology Hall of Fame.

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New Boart Longyear Drill Control Interface Delivers Productivity and Safety Solution

SALT LAKE CITY — March 5, 2013 — Boart Longyear (www.BoartLongyear.com • ASX: BLY), the world’s leading integrated exploration drilling services, equipment and performance tooling provider, has introduced the Drill Control Interface (DCi) to provide drilling contractors a fully electronic interface to safely and efficiently operate underground drilling equipment.

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Boart Longyear Releases Quick Descent™ Roller Latch™ for Surface Drilling

SALT LAKE CITY — March 5, 2013 — Boart Longyear (www.BoartLongyear.com • ASX: BLY), the world’s leading integrated exploration drilling services, equipment and performance tooling provider, is introducing the Quick Descent™ Roller Latch™ to the surface drilling market to decrease wireline trip time by up to 50 percent and increase the bottom line for drilling contractors.

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