News Articles for Freeport-McMoRan

Red Metal's metallurgical testwork has given a green light to the rare earths at its Sybella play near Mount Isa in Queensland, with bulk mining and a low-cost heap leach process to lead to a potential mining operation. The company says granite-hosted soft ore that appears to be abundant in its ground, offers simple crushing and processing options that provide an economic edge to the project.

K2fly has tabled some healthy numbers from the March quarter with record invoices of $3.3m, maintaining its all-time high total contract values of $16.6m and cracking the $5m mark in annual recurring revenue for the first time. The company operates in the global resources space under a ‘Software as a Service' business model – meaning it delivers its software on a subscription basis.

Subiaco-based software business K2fly has won work to roll out its resource governance solution across NYSE-listed Freeport-McMoRan's global operations.

ASX-listed K2fly has inked a $768,000 three-year contract with Freeport-McMoRan to provide its unique cloud-based “RCubed” mineral resource governance platform across all twelve of Freeport's global operations. Freeport is the 16th client to use K2fly's RCubed software that K2fly says is the only commercial solution of its type available anywhere in the world.

Copper today, nickel tomorrow?