Imdex has acquired the remaining 60 per cent stake in Canadian drilling data firm Krux Analytics in a $23 million deal, marking its third acquisition in as many months.
The scale up of new technology to improve resources sector productivity needs more industry and government support, according to a mining services veteran.
Perth mining technology firm Imdex has continued its accretive streak, spending more than $30 million to complete its full acquisition of Melbourne-based Datarock.
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.
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.
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.
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.
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.
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".
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.
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.
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.
