K2fly contracts with Freeport-McMoRan for Mineral Resource Governance solution


K2fly has announced that Freeport-McMoRan (FCX) has signed a three year contract for its Mineral Resource Governance solution to cover reporting for all 12 of FCX’s global operations across North America, South America and Indonesia. 

FCX is a leading international mining company and one of the world’s largest publicly traded copper producers. Sitting within K2fly’s Mineral and Resource Governance area, RCubed is a cloudbased platform which enables Mineral Resource & Reserve Governance, Compliance, Reporting and Disclosure.

The company states: “It dramatically reduces overhead and improves efficiencies and provides systemised backup and robustness to reporting processes. RCubed provides full audit trails and all the information which auditors may require and adheres to reporting requirements of all stock exchanges including JSE, ASX, TSX, LSE & NYSE.

Nic Pollock CEO of K2fly said: We are delighted to welcome FreeportMcMoRan to the growing list of major mining organisations using our market leading RCubed solution. K2fly is the uncontested leader in the Resource Governance market as the only provider of a COTS Mineral Resource Governance solution. As regulations continue to change, particularly as pertains to EnvironmentalSocial and Governance (ESG) reporting and disclosures, K2fly continues to see significantopportunity across the mining industry that sees us delivering this and other solutions, to many Tier 1 and Tier 2 clients across all mineral types and supporting multiple exchanges and reporting codes.

K2fly describes itself as “the leading provider of Resource Governance solutions for ‘net positive impact in Environmental, Social and Governance (ESG) compliance, disclosureand technical assurance. We focus on the operations of mining and asset intensive industries through our platformbased SaaS cloud solutions.”

Source: https://im-mining.com/2022/03/14/k2fly-contracts-with-freeport-mcmoran-for-mineral-resource-governance-solution/