News Articles for Imdex

Imdex boss Paul House said the acquisition of Luxembourg-headquartered Advanced Logic Technology would be a ‘transformative step' for the company.

Mining technology firm Imdex reported a 70 per cent year-on-year net profit increase to $55 million last financial year, driven by strong performance in its drilling technology business.

Companies including Epiroc, Weir Minerals, Komatsu and Sandvik have reshaped the local mining technology sector after nearly 20 acquisitions.

Balcatta-based mining services firm Imdex will spend $26 million to buy 80 per cent of a Norwegian geoscience technology developer, in a move to boost its AI capabilities.

Embattled miner Mineral Resources will drop out of a key ASX index tracking the 50 biggest companies on the market, as its share price battles continue.

Perth-headquartered mining tech company IMDEX expects global resources exploration activity to bounce back next financial year, after lower spend hit its revenue in the half-year.

A record revenue spurred by the acquisition of Devico wasn't enough to offset tough market conditions for Imdex, which posted a 7 per cent decline in profit.

Mining technology company Imdex has settled a long-running dispute with Boart Longyear, securing a $10 million payout and likely control of local firm Globaltech.

Business News has significantly overhauled the BN30 index, a proxy for the WA economy, with seven new additions, prompted by the exit of takeover targets MMA Offshore, APM and Decmil.

Our board moves wrap includes Mark Clements, Ross McEwan, Doman Wong, Myo Myint Ohn, Paul House, Brett Mitchell, Pedro Kastellorizos, Rachel Kerr, David Sanders, Matthew Blake, Scott Mison, Marc Ber, Michelle Blandford, and Natasha Santi.

Imdex has delivered a record revenue of $235 million for the first half of the year, a result the mining technology company credited to its acquisition of Devico.

Lifeline WA, Bestbar Reinforcements and Topdrill were among the winners of the 2023 RISE Business Awards.

Our board moves wrap includes Alistair Vickery, Stewart Washer, Karen Smith, Tracey Horton, Peter Gundy, Clint Moxham, Carla Healy, Damon Fieldgate, Paul Farrell, and Andrew Brown.

Our board moves wrap includes Ivan Gustavino, Maja McGuire, and Mathew Perrot.

Mining tech company Imdex has struck a deal with the state government to become the first industry partner of the recently built Australian Automation and Robotics Precinct.

Medical technology company Artrya Limited has appointed experienced executive Mathew Regan as the company's new leader after its co-founder John Barrington resigned.

Perth-based mining technology company Imdex is raising $224 million to bankroll the $300 million-plus acquisition of industry competitor Devico.

Our board moves wrap includes Uwa Airhiavbere, Kaisa Hietala, and Natalie Dawson.

Steel Blue, Mader and Foodbank WA were among the winners of the 2022 RISE Business Awards.

Our board moves wrap includes Brendan Cummins, David Greenwood, Michael Laurent, Samantha Richardson, Stephen Lynn, Kevin Dundo, and Robert Mosig.

ASX-listed mining tech Imdex has reported a solid earnings lift to deliver a $44 million profit for the year while revealing a $13 million contract win for work on Fortescue's new magnetite project.

Ten years after opening its doors, Spacecubed has increased capacity to support WA innovators.

Mining tech company Imdex reported solid revenue and profit increases during the past six months but has indicated that labour restrictions and delivery delays frustrated its pace of growth.

Peppermint Grove neighbours best known for their business acumen are fighting in court over a sliver of land "hardly wide enough to accommodate a punnet of petunias".

Imdex is set to add more mining software to its arsenal after acquiring a 30 per cent stake in Melbourne-based image analysis company Datarock.

Our board moves wrap includes Michael Stirzaker, Keith Spence, Colin Bwye, Brian Thomas, Jessica O'Neil, Paul Evans, and Sara Kelly.

The recent $100 million sale of Agworld is a badge of success for WA tech but also reveals the sector's limitations.

ASX-listed Imdex is acquiring mining software from Californian business DataCloud for $20 million in cash and shares.

WA's mining industry is renowned for its technical innovations, but key industry players believe far more could be achieved.

Shares in IMDEX were up by more than 8 per cent today, after the mining technology company reported a significant jump in revenue and net profit.

Our board moves wrap includes Michael Tomasz, Hugh Callaghan, Jamie Myers, Alison Laws, Mitchell Wells, Ben Wyatt, Ian Tan-Kang, Darren Holden, and Ian Murray.

Our board moves wrap includes Tracey Arlaud, Tony Ottaviano, and David Richards.

Mining tech company Imdex has lifted its first-half earnings to $33.1 million following an increase in demand for the business's remote working solutions in response to COVID-19.

How should WA prepare for a productivity revolution driven by data science and machine learning?

Mining technology company Imdex has boosted its rock knowledge capability after completing the purchase of AusSpec International for a total consideration of $8.5 million.

Bernie Ridgeway led Imdex out of tough circumstances two decades ago and has undertaken more than 20 acquisitions since.

Our board moves wrap includes Warren Harding, Craig Masarei, Sean Maher, Michael Pixley, Shannon Coates, Matthew Foy, Andy Goodwin, Paul Ladislaus, Ashok Parekh, Peter Bilbe, Bernie Ridgeway, Paul House, Dean Hildebrand, Geoff Brayshaw, Karl Paganin, William Kuan, Sally Langer, Maree Arnason, Robert Scott, Phillip Hains, Alfred Gillman, Christopher Knee, Keong Kok Chan, Peter Williams, Graeme Smith, and Bret Silvey.

SPECIAL REPORT: Capital for the junior mining sector is drying up amid growing concern the traditional business model for small explorers is broken.

Saracen Mineral Holdings has reported strong growth in its interim profits, helped by increased production and the recent acquisition of its stake in the Kalgoorlie Super Pit. Fellow gold miner Regis Resources and mining technology company Imdex have also reported positive first-half results.

An industrial infill precinct in Welshpool with a chequered history is attracting interest from occupiers, with four-wheel drive accessory manufacturer ARB Corporation and United Fasteners moving in late last year, and a leasing campaign launched for a new-build office and warehouse at the same site.