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Diversification, innovation test for drillers

Diversification into energy and infrastructure related drilling has been the key to survival for many drilling companies as mineral exploration budgets have dried up, Monika Portman, director of corporate communications at Boart Longyear, told Mining Magazine at PDAC 2015.

Paul Harris
Exploration downturn has forced drilling contractors to reduce costs and lift productivity to remain competitive

Exploration downturn has forced drilling contractors to reduce costs and lift productivity to remain competitive

Portman said the decline in the drilling market in Latin America had not been nearly as bad as in regions such as Australia as “the emerging energy market has driven drillers to diversify, plus governments,...

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