Boart Longyear samples for the proposed Golden Gate Bridge in San Francisco. In spite of the financial crisis, the 1930s saw improvements in diamond drilling technology, including the use of industrial-quality diamonds mined in Africa that were called “boarts.” 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 were less expensive than the hand-set core bits that used more expensive Brazilian diamonds (carbonados). Longyear’s business gradually improved in the 1940s in response to expanding worldwide mineral exploration. In 1949, the
Boart Longyear in the history of the ASX. The patented Stage™ waterway bit design was introduced and provided the first extended 25mm crown in the market. In 2008 Boart Longyear acquired Eklund Drilling, Britton Brothers, Aqua Drilling and Westrod Engineering. The new patented Quick Descent™ Core Barrel Assembly was launched. Early 2009, Paul Brunner retired as Chief Executive Officer of the Company and was succeeded by Craig Kipp, who had served for three years as Chief Operating Officer. Prior to joining the Company, Mr. Kipp was employed by General Electric from 1983 to 2005. In early 2010 Boart Longyear continued to introduce