Boart Longyear Annual Report 2011
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Boart Longyear Limited. Innovation Leader. Record performance
Boart Longyear is the world’s largest mineral exploration drilling company. With more than 120 years of expertise, we provide drilling services and drilling products for the global mineral exploration industry. We also have a globally recognised expertise in mine de-watering, environmental sampling, energy, and oil sands exploration. Our customers rely on our unique ability to develop, field test and deliver any combination of drilling consumables, capital equipment and expertise direct to any corner of the world.
Edmund J. Longyear drilled the first
diamond core hole in the Mesabi Iron Range in northern Minnesota during the late 1880s. This was the beginning of a long history of innovation and expertise in contract drilling and product development. The first diamond core drill used was in the early 1900s.
Today, technology is still being developed to increase productivity in order to fulfill the drilling needs of our customers. The momentum of this rich 120+ year history has given us record high revenue and profits in 2011.
We continue to invest in research and development. In 2011 we launched 10 new products and filed a record 210 patent applications. We also were the proud recipient during the year of the Utah Genius Award, which recognises companies in the state of Utah, United States, for innovation. This award is based on statistics from the US Patent and Trademark Office.
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