Articles On Boart Longyear (ASX:BLY)

ASX dips as miners lead selloff as Chinese markets close for holidays Sigma Healthcare soars 22pc after merger update Qantas tumbles 4pc as Qatar eyes Virgin Australia stake   The ASX dipped  from its record high as miners led the sellof...

IMDEX Limited (ASX:IMD) shares jumped 3.5% on Friday trades as the company confirmed it’s settled a long-running lawsuit with Boart Longyear over a patent lawsuit involving downhole drilling tools. All in all, Boart Longyear will now pay...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) has followed Wall Street's lead and is charging higher. At the time of writing, the benchmark index is up 1.3% to 7,965.1 points. Four ASX shares that are rising more than most today...

An international drilling contractor has been handed a hefty penalty after an employee’s head was crushed in equipment at a mining exploration site in the remote northern Goldfields. 

A big-name WA drilling contractor has been slapped with a fine of almost $400,000 after a worker suffered a broken jaw when his head was crushed against a rig at the West Musgrave nickel project.

The ASX200 is set to slide more than half a per cent (0.57%) after Iran directly attacked Israel at the weekend. The conflict means more pressure on inflation and oil prices as Iran is one of the leading producers. US markets already...

Drilling services company Boart Longyear (“ASX:BLY), which was first floated as one of the largest IPO’s in Australian history at $2.35 billion, is now set to exit the market with an announcement on Friday that its securities would be suspe...

By Rudi Filapek-Vandyck, Editor FNArena M&A Is Back (With A Vengeance)Even the more casual observer would have noticed the high number of announcements regarding acquisitions and mergers this year, with troubled AI (?) company Appen ((A...

Momentum investing has been shown to be a successful strategy over the long term. The strategy essentially involves “buying high, but hoping to sell even higher” – which is the counter to the well known strategy of “buy low and sell high”....

A momentum trader will essentially be “buying high, but hoping to sell even higher” – which is the counter to the well known strategy of “buy low and sell high”. The biggest question for momentum traders is therefore how to find those stock...

Chariot Corporation (ASX:CC9) is making significant strides in its flagship Black Mountain lithium project, located in Wyoming, USA. After thorough site preparation and essential earthworks to establish a stable foundation for their operati...

Chariot Corporation (ASX:CC9) is making significant strides with its flagship Black Mountain lithium project, located in Wyoming, USA. After thorough site preparation and essential earthworks to establish a stable foundation for their opera...

Newly-listed explorer Chariot Corporation (ASX: CC9) has taken delivery of a new drill rig at its flagship Black Mountain lithium project in the US state of Wyoming. A Boart Longyear LF90 surface diamond core rig has been mobilised for a 30...

Chariot Corporation (ASX:CC9) is drilling at Black Mountain in Wyoming on the hunt for lithium It operates via its subsidiary Panther Lithium Corporation The company listed on the ASX just last month Initial assay results for fi...

Benchmark index finishes higher on strong oil prices ASX Sectors led by oil-driven gains for Energy Fin Resources banks a banger to be Monday’s small cap legend   The ASX200 found some enthusiasm for living on Monday arvo, supported abl...

Boart Longyear (ASX:BLY) subsidiary Veracio has entered a binding agreement to acquire all shares in drill core scanning specialist Minalyze for US$29.3 million.  The payment under the takeover deal will comprise a mix of cash and promis...

Three ASX All Ords shares are setting the bar high today. In afternoon trading, the All Ordinaries Index (ASX: XAO) is up 0.5%. That’s what we like to see. And these three ASX All Ords shares are doing more than their fair share of the h...

The ASX spikes on ‘news’ that the RBA has pushed rates up again, closing at +0.6% Invocare has risen from the grave after a bit to buy up the funeral company China finally breaks Errol Flynn’s world record for rattling sabres, terrifying K...

Australia’s biggest driller says the long-term outlook for exploration remains bullish with gold and battery metals to shine BDO data shows investors continue to back explorers, as $3.02 billion of funds flowed into the coffers of ASX expl...

Highlights Loyal Lithium is all set to commence drilling at its 100%-owned Scotty Lithium Project in Nevada, USA, in March 2023. The company has appointed Boart Longyear as the contractor for sonic drilling targeting lithium bearing se...

Eagle Mountain Mining (EM2) launches a drilling program at its Oracle Ridge copper project in Arizona, US The program began in mid-January following an initial refurbishment of the underground mine, with contractors Boart Longyear to dri...

ASX 200 benchmark climbs 1.5% during an otherwise super-quiet day Tesla dives 12.2% and Apple slips back under US$2T market cap Extra-special bonus: The greatest sporting achievement we’re gonna see all year   Welcome to the end of the fi...

The ASX 200 was up today but the small cap index was lower 8 out 11 sectors finished higher let by information technology, up 1.79% NAB survey flags negative business confidence but Xmas spending holds strong   The ASX 200 gained 0.28% to...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Investing in small cap mining services stocks can be considered a risky move given their exposure to the never-ending commodities boom and bust cycles, but it can also be a potentially lucrative one if you catch them at the right time.   As...

The ASX is down 0.24% with 6 out of 11 sectors in the red 290 Aussie listed companies are expected to host AGMs in the next two months Earnings Per Share growth is predicted to slow from around 23% in FY22 to 5% in FY23    The ASX 200 clo...

Highlights The US Fed has targeted to bring down inflation to 2%. The measures to bring down inflation will also bring trouble to businesses and households. In Australia, the consumer price index (CPI) rose 1.8% in the June quarter....

Boart Longyear has recorded its strongest first-half results since 2013, with revenue increasing by 18 per cent to $US528 million. The world’s leading provider of drilling services experienced dynamic price and volume increases during the p...

Riedel Resources (RIE) intersects up to 38 grams per tonne (g/t) gold and 482 g/t silver from the Tintic Zone at its Kingman gold project in Arizona, USA Reverse circulation drilling began at Tintic in March after previous drilling confirm...

Western Australian gold explorer BMG Resources has kicked off the next phase of drilling at its 100 per cent-owned Abercromby Gold Project in the north-eastern goldfields of WA, following the recent completion of highly successful diamond a...

BMG Resources (BMG) enters a trading halt pending the release of an upcoming capital raising announcement The company will remain in the halt until Thursday, June 9, or when the announcement is released, whichever occurs first A few days a...

Australian stock futures pointed to a cautiously positive open after a late recovery on the Dow helped offset heavy falls among social media stocks as Snap’s outlook disappointed and economic data deteriorated.   June SPI 200 futures edg...

The share market looked set to open modestly lower after the Dow logged its longest run of weekly losses since 1932 and Australians voted for a change of government. ASX futures dropped 15 points or 0.21 per cent ahead of Saturday’s fede...

Riedel Resources (RIE) has commenced a reverse circulation (RC) drilling program at the Kingman gold project in Arizona The company has once again engaged Boart Longyear to conduct the drilling after it completed over 9000 metres of drilli...

Armada Metals (AMM) begins its first drill program at the Nyanga nickel-copper project in Gabon, Africa Up to 3000 metres of diamond drilling will be carried out along the high-priority Libonga-Matchiti Trend (LMT) to drill previously unte...

Boart Longyear Group’s (BLY) manufacturing plant in Poland has completed its largest order, for 12 LF160 drill rigs and Freedom loaders The order is to be delivered to Mitchell Services, an Australian customer Boart Longyear’s Adelaide-bas...

Wall Street tumbles, ASX to fall as oil prices spike Aussie shares are set to follow Wall Street into the red today, as oil prices surged by as much as 10% overnight. As fighting in the Ukraine intensified, the US and other major economies...

Australian greenfield mineral exploration set a record of $1.207 billion in 2021, topping the previous high of $1.127 billion from 2012, according to the Australian Bureau of Statistics (ABS). The record came despite a slower December quart...

Drilling companies have reaped the rewards of a growing exploration sector, with records in revenue and orders flowing from the likes of DDH1, Boart Longyear and Epiroc. DDH1 achieved record half-year revenue of $168 million in the second h...

The ASX 200 was down 0.25% today, with investors possibly worried about looming US interest-rate hikes and unfolding Omicron news. Of the winners, Woodside (ASX:WPL) was leading the energy pack, up 2.51%, with Rio Tinto (ASX:RIO) leading ma...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

It’s now been two-and-a-half years since US tech stock Life360 (ASX:360) listed on the ASX at $4.79 a share and it now sits at $13.51. The company’s flagship product is a smartphone app that provides information such as where families membe...

Highlights The pandemic period was quite a challenging period for most businesses. Many businesses experienced significant losses due to COVID-19 related challenges like lockdown, supply chain disruption etc. APX, PNV, MGX, AGL are th...

Among the stocks running hottest this week was ViaGold Rare Earths Resources (ASX:VIA), which counts some big Chinese companies as major shareholders and has been surging in September on no news. Each week, Stockhead recaps ASX stocks that...

The ASX 200 closed 1% higher at 7,370 points, a level that saw it nearly recoup losses made earlier this week. The ASX Emerging Companies Index rose 1.64% to close at 2,554 points. All sectors were in the green with the biggest winners bein...

It was a busy day for small cap investors in resources and energy, as a number of junior explorers ripped higher following big announcements. Those gains stood out amid another mediocre session for the broader index, as the ASX continues to...

At a time of bumper dividend payouts from the likes of Rio Tinto (ASX: RIO) and – presumably – BHP (ASX: BHP), most investors seeking a resources exposure would be happy to invest directly in the major producers. Of course, the history of r...

By Tim Boreham, Editor, The New Criterion How to find the winners in the mining services sector  At a time of bumper dividend payouts from the likes of Rio Tinto and BHP, most investors seeking a resources exposure would be happy to invest...

Exploration company Genmin (ASX: GEN) experienced a strong start to the next stage of works at its Baniaka iron ore project in west Africa’s Republic of Gabon during the three months to end June. In its quarterly report released this week,...

The armed forces could be called upon to enforce Sydney’s strict lockdown, and we might see troops on the streets as early as Monday. On the bourse, the benchmark ASX 200 has closed 0.40% lower on Friday, but was flat for the week. The mini...