The Board of Boart Longyear Ltd. ™ is composed of a majority of independent directors, and regularly reviews its corporate governance practices to ensure the best representation of shareholder interests.
Accordingly, the Board has reviewed the corporate governance practices of Boart Longyear in light of the ASX Corporate Governance Council's Principles of Good Corporate Governance and Best Practice Recommendations released in March 2003.
The principles provide a good general reference in determining best practices, while recognizing that one size does not fit all. Boart Longyear complies with these principles and has included on this website the information that the principles recommend disclosing.
Information on the significant corporate governance practices of Boart Longyear is available to view here.