Global mining-tech company Imdex has exercised its option to acquire New Zealand-based Flexidrill, after gaining the option early last year, for a further payment of $NZ3 million cash.
Mining technology company Imdex is the latest addition to the BN30 index, Business News's Western Australian equivalent of the Dow Jones index on the New York Stock Exchange.
Mining technology supplier Imdex has announced the forthcoming retirement of its managing director Bernie Ridgeway after delivering record revenue and higher earnings for the 2019 financial year.
Kewdale-based RCT has installed its latest technology at AngloGold Ashanti's Sunrise Dam gold mine, which gives an operator control of numerous machines from a singular station.
Mining equipment company Imdex has attributed a big jump in revenue for the 2018 financial year to improved market conditions in the resources sector and growing interest in the company's technology offerings.
ASX-listed Imdex, software company Manufacturing Intelligence and Emapper are among five local companies in the mining technology sector that will share in $7.1 million of federal government funding announced today in Perth.
Pilbara Minerals founder John Young has stepped down from the company's board, with Sally-Anne Layman set to become a non-executive director as the company closes in on first lithium production.
Shares in mining equipment supplier Imdex have jumped 8.3 per cent today after the company announced a half-year profit of $10.6 million, with revenue up 28 per cent on the corresponding period last year.
Mining equipment supplier Imdex expects it will be able to deliver substantial productivity benefits to its clients after striking an option agreement over New Zealand company Flexidrill.
Perth's top 20 ASX companies hit a big milestone this month, albeit only for one day – for the first time ever, they all had at least one female director. Click through to read about some of the talented women who made this happen.
The share price of Balcatta-based Imdex hit its highest level in four years today after the mining equipment and technology company reported a strong improvement in earnings.
SPECIAL REPORT: The stock market's appetite for new listings is allowing a range of companies, from family-owned engineering firm Veem to big national player Alinta Energy, to raise capital.
Drilling services company Imdex has tapped investors for $40 million, with plans to raise a further $5 million as it seeks to shore up its balance sheet.
Listed companies Imdex and Nuheara, the FTI's Kate Raynes-Goldie and the developer of start-up business Family Zone were among the winners at this year's WAITTA INCITE awards for information and communication technology.
Drilling services company Imdex has continued to refresh its board, with corporate adviser and company director Anthony Wooles recruited to replace long-serving chairman Ross Kelly.
Western Australia's highest paid mining contractor is set to lose that title, after NRW Holdings joined most of its peers in cutting the salary of its chief executive by 40 per cent.
Deep Exploration Technologies Cooperative Research Centre has entered into a development agreement with drilling services company Imdex for its Lab-at-Rig product, which aims to improve efficiency and reduce costs when drilling exploration holes.
Balcatta-based drilling services company Imdex has lined up a new debt funding deal after cancelling a $21.5 million placement just hours before today's shareholders meeting.
Balcatta-based drilling services company Imdex has confirmed reports it is seeking to undertake a $35 million capital raising to pay off debt, while also announcing a net loss of $22.5 million for the 2015 financial year.
Corporate and financial communication firms, Citadel PR and Magnus Investor Relations, have entered into an agreement to combine their businesses to form a significant independent national player.
SPECIAL REPORT: As the junior resources sector slows, so do the earnings of companies most exposed to the sector – exploration drilling and mining services firms.
Drilling fluids and equipment supplier Imdex has reported another fall in net profit, after a record half-year performance by its oil and gas division was offset by further contraction in its minin
The widespread slowdown in exploration spending has driven down drilling fluids and equipment supplier Imdex's earnings, with the company lodging a 59 per cent drop in net profit for the 2013 finan
The nation's mining equipment, technology and services (METS) sector generates more than $90 billion in revenue and contributes 6.4 per cent to the Australian economy each year, new research says.
Drilling fluids and services firm Imdex has reported a 27 per cent drop in half year net profit, a result it says reflects challenging market conditions in the minerals sector.
Drilling services company Imdex has announced the acquisition of data management solutions firms ioGlobal, ioAnalytics and ioGlobal Solutions for $8 million in cash and shares.
Drilling fluids and services provider Imdex has hailed an "exceptional" performance in financial year 2012, with the company lodging record revenue and profit for the 12 months to June 30.
The recent round of profit reports has shone a spotlight on the performance of Western Australian companies tapping into the surging activity in the resources sector.
