EXPLORATION

Boart's better loss

DRILLING equipment and services supplier Boart Longyear has posted a better loss than it did this time last year, finishing the first half of 2016 $US73 ($A96) million in the red.

Noel Dyson
Boart Longyear is putting a lot of stock in products such as TruCore going forward.

Boart Longyear is putting a lot of stock in products such as TruCore going forward.

That is 52% better than the $US152 million loss it posted for the same period a year earlier. The result came on the back of lower revenue too, down 20% on the year previously to $310 million. Other...

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