K2fly Limited says it will roll out its Resource Disclosure mineral resource governance solution across all Anglo American commodities and operating regions as part of a three-year agreement set to generate a total contract value of A$1.44 million ($974,779).

K2fly Resource Disclosure, a mineral inventory data and reporting solution, is an off-the-shelf cloud-based platform that allows companies to accurately adhere to mine-to-mill reporting
requirements for all stock exchanges, according to K2fly.

The solution enables clients to capture the raw resource and reserve data and report to multiple stock exchanges (including the ASX, NYSE, LSX, TSX and JSE) and reporting codes (JORC, NI-43 101, SK-1300, SAMREC, etc) to remain compliant, according to the ASX-listed company.

Nic Pollock, CEO of K2fly, said: “This is our first major contract with Anglo American. We are pleased to collaborate with Anglo American to deliver our next generation cloud-first resource governance platform.

“Anglo American join a distinguished group of 18 global clients, including Rio Tinto, Newmont and South32, that have moved to the world’s only commercial off-the-shelf solution for mineral resource governance and disclosure.”