Denis Despres, Boart Longyear’s Chief Executive Officer - Drilling Services, and Ermanno Simonutti, Boart Longyear’s Chief Executive Officer - Drilling Products, jointly said, “As a proud member of the North Bay community for almost 100 years, Boart Longyear is thrilled to become a visible part of the city skyline by naming the well-known arena. Our nearly 200 local employees look forward to joining other North Bay residents to enthusiastically support the Battalion and other events at Boart Longyear Memorial Gardens.”

Peter Chirico, Mayor of North Bay, said, “We’re proud to welcome Boart Longyear as the naming rights sponsor for Memorial Gardens. This agreement represents an exciting partnership that helps support the arena’s operations and highlights Boart Longyear’s deep roots in our community and ongoing support for North Bay.”

Scott Abbott, Owner of the North Bay Battalion, said, “We are extremely pleased that the City of North Bay and Boart Longyear have reached agreement to place the Company's name on what has been known as North Bay Memorial Gardens. The building has a long and storied history in which the North Bay Battalion has been proud to have played a part. We look forward to many more years representing North Bay in the Ontario Hockey League and bringing the name Boart Longyear Memorial Gardens to ever more fans.”

The naming agreement’s five-year term ends on 30 June 2030.

About Boart Longyear

Established in 1890, Boart Longyear is in its 135th year as the world’s leading provider of drilling services, orebody-knowledge technology, and innovative, safe and productivity-driven drilling equipment. With its main focus in mining and exploration activities spanning a wide range of commodities, including copper, gold, nickel, zinc, uranium, and other metals and minerals, the Company also holds a substantial presence in the energy, oil sands exploration, and environmental sectors.

The Global Drilling Services division operates for a diverse mining customer base with drilling methods including diamond coring exploration, reverse circulation, large diameter rotary, mine dewatering, water supply drilling, pump services, production, and sonic drilling services.

The Global Products division offers sophisticated research and development and holds hundreds of patented designs to manufacture, market, and service reliable drill rigs, innovative drill string products, rugged performance tooling, durable drilling consumables, and quality parts for customers worldwide.

Veracio, a wholly owned Boart Longyear subsidiary, offers mining clients a range of solutions that improve, automate, and digitally transform their orebody sciences by championing a modern approach through a diverse product portfolio by fusing science and technology together with digital accessibility. Veracio leverages AI and advanced analytics to accelerate real-time decision making and significantly lower the cost of mineral exploration.

Boart Longyear is headquartered in Salt Lake City, Utah, USA. More information about Boart Longyear can be found at www.boartlongyear.com. To get Boart Longyear news direct, follow us on Twitter, LinkedIn and Facebook.

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Jeff Olsen, Boart Longyear’s Chief Executive Officer, said, “Our sustainability performance for 2023 reflects the dedication, consistency, and hard work of all employees. From reducing our environmental footprint to fostering a diverse and inclusive workplace, we are making significant strides. Our achievements are a testament to the relentless efforts of our global workforce and our shared corporate values.”

Highlights of the Company’s ESG accomplishments during 2023 include:

• Maintaining a ten-year track record of being fatality free;
• Delivering a Total Case Incident Rate safety metric of 1.25 – the Company’s best performance;
• Reducing hand injuries by 10%;
• Increasing renewable energy consumption by 10% across Boart Longyear’s six manufacturing facilities;
• Expanding the number of women in the Company’s global workforce; and
• Experiencing a 260% increase in employees participating in live training sessions.

Publication of the Company’s 2023 ESG report showcases Boart Longyear’s work to advance its environmental, social and governance strategy. In the coming year, the organization will continue to monitor, measure, and report progress in support of Boart Longyear’s decades-long approach to safe, ethical, and sustainable business.

About Boart Longyear

Established in 1890, Boart Longyear is in its 134th year as the world’s leading provider of drilling services, orebody-knowledge technology, and innovative, safe and productivity-driven drilling equipment. With its main focus in mining and exploration activities spanning a wide range of commodities, including copper, gold, nickel, zinc, uranium, and other metals and minerals, the Company also holds a substantial presence in the energy, oil sands exploration, and environmental sectors.

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Boart Longyear Group Ltd. (ASX: BLY) (Boart Longyear or the Company) is pleased to advise that the plan of arrangement pursuant to which an entity wholly owned by funds managed by American Industrial Partners (Purchaser) will acquire all of the issued and outstanding common shares of the Company (Transaction) has now closed. [Download Release]

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Boart Longyear Group Ltd. (ASX: BLY) (Boart Longyear or the Company) is pleased to provide the following update on the plan of arrangement pursuant to which an entity wholly owned by funds managed by American Industrial Partners will acquire all of the issued and outstanding common shares of the Company (Transaction). [Download Release]

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Boart Longyear Group Ltd. (ASX: BLY) (Boart Longyear or the Company) provides the following update on the proposed plan of arrangement pursuant to which an entity wholly owned by funds managed by American Industrial Partners will acquire all of the issued and outstanding common shares of the Company (Transaction). [Download Release]

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Boart Longyear Group Ltd. (ASX:BLY) (Boart Longyear or the Company) is pleased to provide the following update on the proposed plan of arrangement pursuant to which an affiliate of American Industrial Partners Capital Fund VIII, L.P. will acquire all of the issued and outstanding common shares of the Company (Transaction). [Download Release]

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Boart Longyear Group Ltd. (Boart Longyear or the Company) has entered into a binding arrangement agreement (Arrangement Agreement) with an affiliate of American Industrial Partners Capital Fund VIII, L.P. (AcquireCo) under which AcquireCo will acquire all of the issued and outstanding common shares of the Company pursuant to a court approved plan of arrangement (Transaction). [Download Release]

The post BOART LONGYEAR ENTERS INTO ARRANGEMENT AGREEMENT WITH AMERICAN INDUSTRIAL PARTNERS CAPITAL FUND VIII FOR TAKE-PRIVATE TRANSACTION appeared first on Boart Longyear.

Boart Longyear continues to deliver industry leading safety, reliability, and productivity. The new rig will build off the already popular LM110 and Nitro-Chuck platforms with the addition of a new PQ drill head. The drill will allow for a 50% increase in drilling depth for NQ size. As with all LM drills, the rig can be operated with remote control through the DCi (Drill Control Interface) and supplied with a rod handler for enhanced safety. This drastically reduces the driller’s exposure to potential hand injuries, one of the biggest risks for a drilling operator. When paired together, drillers can utilize semi-autonomous drill routines over breaks and shift changes which have been found to increase productivity of up to 14%.

“I’m very excited about this rig” said Erik Gaugh, Product Manager, “it combines established product platforms with several of our new technologies to deliver our customers what they want.”

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About Boart Longyear

Established in 1890, Boart Longyear is the world’s leading provider of drilling services, orebody data collection, and drilling products. With a focus in mining and exploration activities, including copper, gold, nickel, zinc, and uranium, the company also operates in the energy, oil sands exploration, and environmental sectors.

The Drilling Services division provides drilling expertise including diamond coring, reverse circulation, large diameter rotary, and sonic drilling. Applications include exploration, production, mine dewatering, water supply drilling, and pump services.

The Geological Data Services division utilizes scanning technology and down-hole instrumentation to capture geological data from drilled core and chip samples. This valuable data gives mining companies the ability to make timely and intelligent decisions.

The Products division includes research and development, global manufacturing, marketing, and equipment service capabilities. The division holds hundreds of patents, covering drill rigs, exploration and production tooling and consumables as well as genuine parts for customers worldwide.

Boart Longyear is headquartered in Salt Lake City, Utah, USA, and listed on the Australian Securities Exchange in Sydney, Australia (ASX:BLY). More information about Boart Longyear can be found at www.boartlongyear.com.

The post Boart Longyear Launches LM Deephole Underground Rig Offering appeared first on Boart Longyear.

Drillers regularly deal with several challenges when retrieving a core barrel, partial trips, false indications, and spearhead failures. Resetting the landing indication is a costly process and, it increases the opportunity for injury.

The new overshot applies our experience with Roller Latch head assemblies to create a system that eliminates spearheads and lifting dogs entirely. The spearhead is replaced by a socket adapter that accepts the overshot itself. Rollers securely latch into an internal groove in the adapter.

The new overshot is designed for self-flushing and easy cleaning by flushing through the porting provided. With a brand-new pump-in cable release system, the Roller Latch will eliminate shear pins and increase the reliability of wireline recovery.

The Roller Latch family of in-hole tools includes a surface treatment that provides excellent corrosion resistance and reduces wear on the overshot. The spearhead assembly pivots in the center making it twice as strong and less likely to break when pulling the tube out.

“We’re very excited about this solution,” said Chris Drenth, Product Manager, “it provides underground drillers access to safer, more productive wireline technology.”

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About Boart Longyear

Established in 1890, Boart Longyear is the world’s leading provider of drilling services, orebody data collection, and drilling products. With a focus in mining and exploration activities, including copper, gold, nickel, zinc, and uranium, the company also operates in the energy, oil sands exploration, and environmental sectors.

The Drilling Services division provides drilling expertise including diamond coring, reverse circulation, large diameter rotary, and sonic drilling. Applications include exploration, production, mine dewatering, water supply drilling, and pump services.

The Geological Data Services division utilizes scanning technology and down-hole instrumentation to capture geological data from drilled core and chip samples. This valuable data gives mining companies the ability to make timely and intelligent decisions.

The Products division includes research and development, global manufacturing, marketing, and equipment service capabilities. The division holds hundreds of patents, covering drill rigs, exploration and production tooling and consumables as well as genuine parts for customers worldwide.

Boart Longyear is headquartered in Salt Lake City, Utah, USA, and listed on the Australian Securities Exchange in Sydney, Australia (ASX:BLY). More information about Boart Longyear can be found at www.boartlongyear.com.

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