Boart Longyear Annual Report 2011
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- 2011 Overview
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- Chairman’s Report
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- Environment
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- Community
- Board of Directors
- Executive Leadership Team
- Financial Report
- Directors' Report
- Independent Auditor's Report
- Directors' Declaration
- Financial Statements
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The Drilling Services business includes the largest surface coring, underground coring, reverse circulation, rotary, and sonic rig fleets in the world. Our expertise in these various drilling methods allows our teams to tailor the drilling services we provide our customers, resulting in customised drilling solutions that deliver superior results.
As the global leader in minerals exploration drilling, our business is able to support mining customers in their exploration, development and production of gold, copper, nickel, zinc, uranium, and other metals and minerals. The geological samples we extract through our drilling operations, provide mining companies with critical information over the life of a mining project, from exploration to mine closure, wherever they operate.
In 2011, a number of key initiatives drove our record financial results, including: a focus on more profitable contracts, customers and geographies; a shift in "rig mix" towards high margin, technical drilling technologies; and a general increase in fleet vitality through investment in new and more productive drill rigs.
We also continued to win contracts and new business by executing our global priorities:
- "Industry Best" safety performance with a special focus on compliance.
- A "One Boart Longyear" drilling experience globally.
- A modern "drill ready" fleet of equipment.
- Development and retention of the best drilling organisation in the industry.