Boart Longyear Inc.
Boart Longyear is headquartered in Salt Lake City, Utah with regional offices and operations located in Asia Pacific, North and South America, Europe and Africa. The company is publicly listed on the ASX (Australian Securities Exchange). Boart Longyear is headquartered in Salt Lake City, Utah with regional offices and operations located in Asia Pacific, North and South America, Europe and Africa.
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- Business Type:
- Industry Type:
- Soil and Groundwater
- Market Focus:
- Globally (various continents)
- Year Founded:
Boart Longyear is the leading provider of mineral exploration drilling services and drilling products in the world today. The Company is the only integrated drilling services and products provider, combining engineering excellence, global manufacturing facilities and the most experienced drilling services group in the business. With over 120 years of global mineral exploration expertise and the most innovative products in the market, Boart Longyear ultimately delivers unmatched reliability, productivity and safety to the worksite.
Our values define what matters most in our continued success, and serve as a guide for our business operations. Our shareholders, customers and fellow employees expect each of us to demonstrate a commitment to our corporate values, and use them as guiding principles in our decision making and actions, each and every day.
Our core competencies provide the link between what we value as an organization and how we live up to those values. They are set of nine key behaviors that describe the expectations of employee performance at Boart Longyear.
Boart Longyear is headquartered in Salt Lake City, Utah and publicly listed on the ASX (Australian Securities Exchange) in Australia. Regional offices and operations are located in Asia Pacific, North and South America, Europe and Africa.
Boart Longyear is a trusted partner and global leader in providing world-class drilling services and products to the global mining industry. The company also services industries in water exploration, environmental sampling, energy, and oil sands exploration.
The Company has a unique ability to manufacture and deliver a variety of tooling, equipment and expertise direct to customers around the world. Boart Longyear conducts contract drilling services in more than 40 countries, and provides mining products to customers in over 100 countries.
With over 120 years of drilling experience, our Drilling Services business is equipped for all types of drilling, including surface and underground coring, multi-purpose, reverse circulation, conventional air/mud rotary, flooded reverse, directional, sonic, and percussive production drilling. Always leading the way, our teams are constantly developing tomorrow's solutions and applying emerging technologies to the services we provide our customers. Our competitive strengths include:
- Global reach and longstanding relationships with our customer base
- Developing equipment and tooling to enhance drilling productivity
- Full suite of drilling services technology
- Industry-leading safety and training programs
Our Drilling Services division operates in more than 40 countries across North America, South America, Asia, the Pacific Rim, Europe and Africa, and we have an international network of more than 50 zone locations that maintain and mobilize equipment close to key geographic markets.
Mining and Minerals
We are the leading drilling services provider for the exploration, development and production of copper, gold, iron ore, nickel and other metals and minerals. The rock core chips and samples we extract provide mining companies with critical information over the life of a mining project, from exploration through closure of the mine.
Environment and Infrastructure
We have the largest sonic rig fleet in the world. This technology is better than any other at providing our customers the best subsurface sample, while minimizing waste. In addition to sonic, our diversified fleet of auger, probe and rotary rigs further enables us to serve a wide variety of markets (i.e., environmental, construction and water) and drill in diversified locations such as factories, dams and city work. By positioning our fleet this way we can serve a large customer base that ranges from private businesses to government agencies.
We operate with a safety first approach to drilling. The Company's drillers are known for taking on the largest, most technical and difficult drilling projects and completing them safely and with accurate results.
With the broadest array of specialized services in the drilling industry, we can accommodate specific needs for any application on a worldwide basis. With seasoned crews and first-hand experience in virtually every major global market, we understand that no site is the same and have the ability to quickly mobilize equipment and crews to nearly any location around the world.
Our global network of service and repair facilities provides the infrastructure and experienced personnel to customize each rig for a given job for optimal performance. Customers trust that Boart Longyear's trained employees and our modern fleet of drill rigs will protect the safety of all employees every day, everywhere, on every job.
Boart Longyear designs and manufactures much of the equipment that our drilling teams use, bringing our job sites world-class equipment and tooling designed with the experience gained year after year by our teams in the field. We are dedicated to understanding and exceeding our customers production, cost, safety and environmental goals. Our drilling services solutions are based upon proven and time-tested processes that have been perfected in the widest variety of drilling applications around the globe. Our customers know we deliver performance that they can count on.
The Global Products division designs, manufactures and sells drilling equipment and tooling. Products offered include drilling equipment, drill rods, diamond bits, wireline core extraction systems, reverse circulation pipe and accessories, overburden tooling, rock drills, rock drilling rods, and bits. These products are used in industries such as mineral exploration, mining, energy, environmental sampling and remediation, as well as infrastructure reinforcement and development. In conjunction with these products, Boart Longyear offers its customers professional aftermarket service and support, including drill equipment commissioning, training, maintenance programs, spare parts and emergency parts kits.
The Boart Longyear Products division maintains an extensive patent portfolio and leverages its technology to clearly distinguish itself as the innovative products leader in the drilling industry.
Mineral and Energy Exploration Drilling
Our exploration products are well known and trusted among exploration drilling contractors. Since revolutionizing the industry more than 50 years ago with the genuine Q coring system, we have continued to develop innovative tooling and equipment such as our Stage diamond drill bits, high productivity Q wireline system, RQ threaded drill rods, upset V-Wall drill rods and the LF platform of modular drill rigs. Each Boart Longyear product brought to the market is designed with the operator in mind and focuses on delivering safe and reliable productivity in every drilling condition.
Environmental and Infrastructure Drilling
Our products are put to work around the globe and provide solutions to the most demanding geo-technical and geo-construction drilling challenges. Whether locating a safe source of potable water in a rural village or stabilizing the ground underneath a transportation system in a major metropolis, our customers rely on Boart Longyear products every day. Our precision-engineered drill rig line and tooling offering provide our customers with reliable solutions for any situation.
Production and Development Mining
We design, manufacture and supply pneumatic and hydraulic rock drills and rock drilling tools using the most technically advanced materials and systems in the industry. From handheld pneumatic rock drills to percussive bits, shanks and rods, we offer drilling equipment and drilling consumable products to perform on any job.
Environmental, Health and Safety (EHS) is an integral part of the Boart Longyear corporate culture. Boart Longyear has demonstrated commitment to the safety of employees and customers and to the protection of the environment, as shown by our proudly earned environmental ISO 14001 and safety OHSAS 18001 certifications.
In 2009, we kicked off our “Drilling to Zero” program. Our goal is zero workplace injuries, zero new cases of occupational illnesses, and zero environmental incidents.
Boart Longyear often receives recognition from clients regarding EHS practices. We are proud of our safety and environmental accomplishments over the years and invite you to read letters from some of our satisfied clients.
Boart Longyear operates and has employees in over 40 countries. We are dedicated to promoting the well-being and development of our diverse employees and communities in which we are present. We believe our support of those communities can best be accomplished through a variety of means, including training and hiring locals, financial contributions, in-kind drilling services, coordination of volunteer services by our employees, and limiting the environmental impact of our operations.
One of Boart Longyear’s core values is “Mutual Trust and Respect”. We recognize that our people are our most important asset and understand that the best ideas develop as a result of collaborative efforts between individuals with diverse backgrounds, opinions and perspectives. In support of this core value we need to recruit, develop and retain a talented, diverse and motivated workforce that shares our values and is representative of the many communities in which we work around the world.
Boart Longyear’s charitable giving philosophy is to align company support with our employees’ and regional operations’ charitable interests by gathering feedback directly from them and targeting projects and charitable programs in which they actively participate. Use our Charitable Giving Donation Application to request a donation.
Boart Longyear targets projects that have clear objectives and outcomes and promote the following:
Education and Opportunities for Children
Programs and opportunities that assist young people to develop marketable skills and competencies, particularly in the areas of engineering, science and technology; and
Health and Preventive Care
Programs that improve the health and safety of our employees, their families and their communities by improving access to critical resources and addressing endemic illnesses, including providing access to clean water sources and supporting the development of malaria vaccinations and treatments.
Boart Longyear is committed to limiting the environmental impact of our drilling services and manufacturing operations. We remain globally focused on the following areas:
- Air impacts
- Energy and water conservation
- Waste and hazardous materials minimization
Our goal is to not only ensure compliance with host country regulations but to exceed the expectations of our clients, host governments and stakeholders and set the standard for others in our industry. We are proud to be ISO 14001 certified for all global operations and facilities.
Established in 1890, Boart Longyear is the world’s leading provider of drilling services, drilling equipment and performance tooling for mining and drilling companies. It also has a substantial presence in aftermarket parts and service, energy, mine de-watering, oil sands exploration, production drilling, and down-hole instrumentation.
The Global Drilling Services division operates for a diverse mining customer base spanning a wide range of commodities, including copper, gold, nickel, zinc, uranium, and other metals and minerals. The Global Products division designs, manufactures and sells drilling equipment, performance tooling, down-hole instrumentation and parts and services.
Boart Longyear has a rich history, spanning more than 127 years in the mining and drilling industry. This long record of experience has led them to become the global leaders and experts they are today. With six global manufacturing locations, some of the most advanced drilling technology on the market, and the first U.S. firm to utilize sonic equipment for environmental drilling, Boart Longyear continues to be innovators of the industry. Boart Longyear is headquartered in Salt Lake City, Utah, USA, and listed on the Australian Securities Exchange in Sydney, Australia (ASX:BLY).
Little did Edmund J. (E.J.) Longyear know in 1890 when he sank his first diamond drill hole on the Minnesota Mesabi Range that he was starting something that over a century later would end up being the world’s leading provider of drilling services, drilling equipment, and performance tooling for mining and drilling companies globally. Boart Longyear has a rich history that has withstood the ups and downs of what we now know as the “cycles” in the industry.
1890 – 1910
Edmund J. Longyear, a mining engineer from the first graduating class at the Michigan Mining School, drills the first diamond core hole in the Mesabi Iron Range in northern Minnesota. Shortly thereafter, he forms a contract diamond drilling company to serve the rapidly growing U.S. iron ore mining and steel industry.
In 1903, Longyear and John E. Hodge form a manufacturing partnership called Longyear & Hodge, expanding their business to include contract drilling, shaft-sinking, mineral ventures and related consulting work.
1910 – 1930
The Longyear and Hodge partnership merged with Longyear’s separate contract drilling company to form E.J. Longyear Company. The company’s first price list in 1912 featured 19 drill models with drilling capabilities between 750 and 5,000 feet. Those drills were powered mainly by steam engines, which later would be replaced by internal combustion engines developed in the 1920’s. The company expands rapidly in the U.S. and begins drilling for copper in Cuba — its first international project. Other notable projects:
- Six diamond core rigs for Phelps Dodge Corporation to explore copper in Arizona
- Contract in Sudbury, Canada that outlined the original ore body that became the giant Falconbridge Nickel Mines
- 15-month drilling project in Yunnan Province, China
- Test drilled the route of a proposed subway under the East River connecting Manhattan to Brooklyn in New York, USA
- Testing to determine the nature of rock formations that would bear the weight of the Golden Gate Bridge
Robert Longyear (E.J.’s son) became president of the firm in 1924, preserving the chain of family ownership and management that would continue for another 40 years.
1930 – 1950
The company continues expanding internationally, forming its first foreign subsidiary in Canada and signing its first contract for work in Africa. In spite of the stock market crash of October 1929 and the subsequent Great Depression, the 1930s saw improvements in diamond drilling technology, including the use of industrial-quality diamonds mined in Africa that were called “bortz”.
In 1936, South Africa’s Anglo American Corporation formed Boart Products South Africa (Pty) Limited, which was later named Boart International. The new company developed the first mechanically set diamond core bits, which proved less expensive than the hand-set core bits that used more expensive Brazilian diamonds (carbonados). Longyear’s business gradually improved in the 1940’s in response to expanding worldwide mineral exploration.
In the late 1950’s, Boart Longyear partnered with Christensen Diamond Products (CDP) to expand international distribution. Christensen’s diamond knowledge and buying power combined with Longyear’s history of drilling innovation created a platform that the two companies leveraged to introduce dependable and highly productive surface-set diamond bits to the industry. Together, they developed business ventures in Japan, France, Canada, Mexico, the Netherlands, Australia, Germany, the Philippines and Costa Rica. Longyear also developed drills for the Apollo project in 1955.
Growth in the ‘50s fueled new technology, and in 1953, Longyear applied for a patent on the first wireline core retrieval system, the Q™ Wireline System, an innovation that revolutionized the diamond drilling industry by increasing productivity on the worksite and making tripping core from the bottom of the hole safer for the drilling assistant. The advantages of the genuine Q™ system quickly generated industry-wide adoption of Boart Longyear’s wireline technology, securing the company’s place in the history of drilling technology. The Q™ Wireline System became the mark by which all future innovation at the company would be measured.
In 1964 Longyear sold 25 percent of its family-owned stock to FACTS, a Luxembourg-based holding company owned jointly by Boart International and Christensen Diamond Products Company. Three years later, FACTS exercised its option to purchase another 25 percent of Longyear's family stock. The Longyear family retained 30 percent of the company's stock, with the remaining 20 percent owned by employees.
In 1965, when Longyear's annual sales had reached USD$15 million, the company bought more land in Minneapolis, and persuaded the city government to vacate Erie Street to accommodate its expansion. In 1969, Longyear opened its new Minneapolis office building and an enlarged manufacturing plant. For the first time in its history, the company's headquarters and its U.S. production were located at one site.
After the death of Robert Longyear in 1970, the board of directors appointed John Hoffmeister as president and chairman of the board of the company. FACTS was dissolved when Boart International (a wholly owned subsidiary of Anglo American) bought out CDP's interest in Longyear.
In 1974, Boart International (Johannesburg, South Africa) purchased all outstanding shares of Longyear, becoming the company's sole owner. With the newfound technical talent and capital investment from Boart International, Longyear became the leading manufacturer of diamond bits.
In the 1980s, Boart Longyear engineers secured a reliable source of high-performance synthetic diamonds, which triggered the development of a revolutionary bit design – the impregnated diamond bit. With decades of powder metallurgy experience behind them, Longyear engineers set out to develop a new crown that consisted of synthetic diamonds evenly distributed throughout a composite matrix. This new design could drill further and faster than surface-set bits and cut through much harder material.
A number of acquisitions were made during this time. Including:
- Lang Exploratory Drilling based in Utah
- Morissette underground and surface diamond drilling firm
- WTD Environmental Drilling
- North Star Drilling Company specializing in sonic drilling
On January 2, 1995, the Longyear Company changed its name to the Boart Longyear Company. However, after over 30 years of Anglo American’s ownership, Boart Longyear was considered a non-core asset for the Johannesburg based mining company. In 2005, Boart Longyear was divested by Anglo American and acquired by the private equity firms Advent International, Bain Capital and several management investors. The headquarters was then moved to Salt Lake City, Utah, USA.
Since the sale by Anglo American, management has undertaken a number of ownership changes, restructuring initiatives, and acquisitions, all establishing Boart Longyear as a global leader in mining exploration services and products.
In October 2006, Advent sold the Company to the Australian investment firm, Macquarie Bank, and, in April 2007, Macquarie took the Company public in an AUD$2.3 billion IPO on the ASX stock exchange. Boart Longyear’s IPO was the second largest IPO in the history of the ASX.
Acquisitions continued to expand geographic and technological offerings. Including:
- North Star Drilling Company specializing in sonic drilling
- SDS specializing in production drilling
- NW Drilling
- Drillcorp drilling company
- KWL, a rig manufacturer
- Prosonic drilling company
- Grimwood Davies drilling company
- Connors Argentina & Chile drilling company
- Patagonia drilling company
In addition, the rich history of bringing drilling innovation to customers globally continues with the introduction of:
- Heli-portable LF™130F surface drill rig with integrated rod handling: a rig for the most remote jobs that provides the latest in safety technology
- Patented bit technologies that increase productivity and life
- Roller Latch™ underground head assembly for increased safety in underground coring applications
- Drill Control Interface (DCi) provides drillers with a fully electronic interface to safely and efficiently operate underground drilling equipment, away from moving parts and hydraulic hoses.
2014 began with Edumnd J. Longyear being inducted into the International Mining Technology Hall of Fame for his role in exploration almost 125 years after he sank his first diamond drill hole on the Minnesota Mesabi Range.
In 2015, Boart Longyear is proudly celebrating its 125th Anniversary. Little did Edmund J. Longyear know in 1890 when he sank his first diamond drill hole on the Minnesota Mesabi Range that he was starting a company that 125 years later would end up being a world-leading provider of drilling services, drilling equipment and performance tooling for the mining industry. Boart Longyear’s 125th Anniversary is dedicated to the people who built - and continue to build - this fine Company. As employees around the world celebrate the many accomplishments of our past, the Company is moving confidently toward the future.
Today, Boart Longyear’s Global Drilling Services division operates in 30 countries for a diverse mining customer base spanning a wide range of commodities, including copper, gold, nickel, zinc, uranium, and other metals and minerals. The Global Products division designs, manufactures and sells drilling equipment, performance tooling, and aftermarket parts and services to customers in over 100 countries.
Technology and Innovation
With six global manufacturing locations, Boart Longyear has developed and introduced some of the most advanced drilling technology on the market and in history, including the genuine Q™ wireline system. The original Q™ system, released more than 50 years ago, was the industry’s first wireline core retrieval system. Boart Longyear consumables have been equally innovative. Q™ and RQ™ rod threads were introduced, resulting in improved reliability. The company’s High Productivity Coring System features a V-Wall™ coring rod, a Quick Descent™ head assembly and the industry-leading Stage® diamond coring bit. Each system component increases shift capacity and productivity, delivering efficiencies to the driller.
Boart Longyear remains the experts in sonic drilling technology used by the drilling services division. The company was the first U.S. firm to utilize sonic equipment for environmental drilling. Sonic technology utilizes high frequency resonance to eliminate or minimize the friction between the subsurface material being encountered and the tooling/core barrel being advanced. This allows both efficient penetration and maximum core recovery in a variety of subsurface conditions.
Boart Longyear’s vision is to be the global industry leader in safety, drilling innovation and productivity.
Our values define what matters most in our continued success and serve as a guide for our business operations. Our shareholders, customers, suppliers and fellow employees expect each of us to demonstrate a commitment to our values, and to use them as guiding principles in our decision making and actions, each and every day. We value health and safety, integrity, customer focus, and teamwork.
Health and Safety: We keep health and safety foremost so that we all make it safe, make it personal and make it home.
Integrity: We inspire trust by doing what is right, doing what we say we will do, and being accountable for our actions.
Customer Focus: We are dedicated to our customers’ success and providing innovative solutions.
Teamwork: We respect each other, embrace our diversity and value the importance of transparent and honest communications.