Friday, 27 November 2020
AngloGold Re-Signs K2fly for Reserves Reporting

AngloGold Re-Signs K2fly for Reserves Reporting

This was originally published online by Australian Mining Magazine on 16 March 2020.

Above Image: The Tropicana operation. Image Credit: AngloGold Ashanti

AngloGold Ashanti has extended its contract for K2fly’s reporting software application for an additional three years.

The contract extension is worth over $240,000 starting this month.

K2fly has received “high level of interest” for the RCubed platform from New York Stock Exchange (NYSE) listed companies due to the United State’s regulation changes concerning securities coming into effect in January.

AngloGold, a foundation customer of the RCubed Resource Governance solution, has three stock exchange listings globally including in Australia and South Africa.

Its listing on the NYSE was responsible the development of the RCubed solution, according to K2fly.

“AngloGold Ashanti was instrumental in the creation of the RCubed solution and is one of the few global mining companies that delivers a dedicated mineral resources and ore reserves report,” K2fly chief commercial officer Nic Pollock said.

“The report is created entirely from within the RCubed Resource Governance solution, from data collection through to publishing, ensuring full resource governance, security and the integrity of the data.”

K2fly stated that the gold sector was performing “extremely well” for K2fly and RCubed sales, with four of the top 10 global gold mining companies now using RCubed to report their resources and ore reserves.

Newmont, who is also listed on the NYSE, is among the latest to sign a contract with K2fly.

The tech consultancy expects the uptake to continue, with further multi-year contractual negotiations in the pipeline.

To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Click here.

Image

Image

501
«November 2020»
MonTueWedThuFriSatSun
2627
27/10/2020 4:00 PM - 6:00 PM
7567

Smart Mining Networking Event: Mining's Renewable Future

Location: Optus Stadium, 333 Victoria Park Drive, Burswood, WA

Read more
28
28/10/2020 11:30 AM - 12:30 PM
2930311
2345678
910
10/11/2020 4:00 PM - 6:00 PM
7584

Smart Mining Networking Event: CITIC Pacific Mining [Event Full]

Location: Optus Stadium, 333 Victoria Park Drive, Burswood, WA

Read more
1112131415
1617
17/11/2020 2:00 PM - 4:00 PM
1819
202122
2324
24/11/2020 9:00 AM - 27/11/2020 5:00 PM
25
26
27
24/11/2020 9:00 AM - 27/11/2020 5:00 PM
2829
30
30/11/2020 1:00 PM - 2:00 PM
1
2
2/12/2020 5:00 PM - 7:00 PM
7662

Perth End of Year Networking Event

Location: The Aviary, Level 1, 140 William St, Perth

Read more
34
56

Filter Events

Filter:

Filter by Categories


Reset Filter

GET SOCIAL

SUBSCRIBE to our newsletter

Loading

Austmine

 

OZ METS Hub

WonderWebs.comTerms|Privacy|Copyright © 2020 Austmine | Mining Equipment, Technology and Services (METS) Sector
Back To Top