K2fly bolsters Resource Governance Platform with ESG, Maptek Vulcan credentials
READ MORE
K2fly bolsters Resource Governance Platform with ESG, Maptek Vulcan credentials
August 23, 2022

K2fly is adding to its Resource Governance Platform with an update that will address multiple resource governance use cases, such as tailings governance, heritage, ground disturbance and rehabilitation, plus integrate with the Maptek-owned Vulcan software. The Resource Governance Platform is already used extensively for mineral resource and reserve reporting by public companies globally, with the[…]

Austin Engineering to add Hulk mining buckets to its offering with Mainetec acquisition
READ MORE
Austin Engineering to add Hulk mining buckets to its offering with Mainetec acquisition
August 23, 2022

Austin Engineering Limited says it has entered into a binding agreement to acquire Australia-based mining equipment manufacturer, Mainetec Pty Ltd, for an initial amount of A$19.6 million ($13.4 million), funded through cash reserves and debt. Three further earn-out payments will be made if Mainetec achieves agreed performance hurdles in the three years following completion, Austin[…]

Sumitomo invests A$5.4 million for 10% stake in Perenti’s idoba mining technology business
READ MORE
Sumitomo invests A$5.4 million for 10% stake in Perenti’s idoba mining technology business
August 22, 2022

Perenti Global Ltd, the owner of contract mining major Barminco and drill services company Ausdrill, has announced that it has successfully executed a share sale agreement in relation to a strategic investment by Sumitomo Corporation in idoba Pty Ltd, Perenti’s technology informed services business. The transaction further strengthens Sumitomo’s commitment to the idoba business, following the[…]