K2fly buys Decipher to extend its tailings and rehabilitation software suite

Mining software company K2fly is again expanding its suite of governance and technical assurance solutions that are in high demand with its global client base, following the announcement of its purchase of Decipher mining.

Decipher will bring additional depth to K2fly’s growing suite in tailings and rehabilitation and extends K2fly’s technical assurance and governance footprint inside existing global customers. K2fly chief commercial officer Nic Pollock said given the current need for miners to increase all of their ESG reporting, the time is right to expand K2fly’s portfolio of solutions. “Our success in building our Resource Inventory and governance solutions with global tier 1 and 2 clients has rapidly uncovered multiple further technical assurance needs of our customers, particularly in Tailings, Heritage and Rehabilitation as well as Land Access and Disturbance.

“This is coinciding with higher levels of required reporting and compliance following the release of the Global Tailings Standard, plus the laser focus shareholders now have on ESG,” says Pollock. Pollock said the added depth the Decipher acquisition will bring to K2fly’s Tailings and Rehabilitation solutions was particularly exciting. “We’d already been partnering with Decipher almost a year on developing new customer-focused solutions, so we have a strong understanding of the strength of their applications and the natural synergies between the two companies. Customers are already expressing enthusiasm for where we can take them, with real-time reporting for Land Access, Disturbances and Rehab, including aerial validation and remote monitoring capability,” says Pollock.

Decipher, which has been developed and operated by CSBP and WesCEF, offers cloud-based software-as-a-service monitoring and compliance solutions specifically for Tailings Management and Rehabilitation for mining industry customers. Decipher’s chief executive officer Anthony Walker will join K2fly in a senior executive position, along with the core Decipher team, with the deal expected to be finalised in mid-March.

“We have formed a very close working relationship with the K2fly team, and share a passion for delivering better ESG (Environmental, Social and Governance) monitoring and compliance outcomes to the mining industry and the communities in which they operate. This transaction will dramatically increase our pace of deliver on these aspirations,” says Walker.

The deal comes hot on the heels of K2fly’s very successful acquisition of the Sateva software suite, extending K2fly’s resource inventory management solutions to include Model management and improved orebody knowledge. “Many of our clients consider there to be a direct comparison between Resource Governance and Tailings Governance, so the timing is really good in being able to step up with a portfolio of complementary reporting solutions that covers the compliance spectrum for global miners,” says Pollock

Latest Updates

We have a vast wealth of knowledge to share, please select the topic that you’re interested in to learn more.

ESG and social licence in mining

In episode 8 of the Pay It Forward series, Boardroom. Media Reporter Velvet-Belle Templeman speaks to Nic Pollock, our Chief Commercial Officer about how we assist companies in the mining sector to better manage their ESG obligations. In this episode he discusses the role of the mining sector as critical to ensuring a sustainable future....

IMARC 2020 – Sustainability, Transparency & Governance

On of the most important themes of IMARC Global this year was around sustainability and transparency plus that of ESG, community, engagement, collaboration, HSE and social value. We shouldn’t just think of this theme as a silo, but rather, that is it interwoven into everything else the industry does; investment, exploration, development, production, supply, etc. Our CCO...

K2fly SAP Endorsed Apps Certification

K2fly achieves SAP endorsed Apps Certification milestone after rigorous testing K2fly became one of only 12 companies across the globe to achieve SAP certification, and the only app solution in the Mining Industry Business Unit. The SAP partners solutions are tested and premium certified by SAP with added security, in-depth testing, and measurements against benchmark...

Ronald McDonald House Home for Dinner Fundraising Initiative

Eight of our K2fly staff gave up their time last week to test their culinary skills at Ronald McDonald House Nedlands Home for Dinner cooking program. The program benefits WA’s seriously ill children and their families. The fundraising initiative sees volunteers take over the kitchen preparing, slicing and dicing and serving meals to those children...

K2fly buys Decipher to extend its tailings and rehabilitation software suite

Mining software company K2fly is again expanding its suite of governance and technical assurance solutions that are in high demand with its global client base, following the announcement of its purchase of Decipher mining. Decipher will bring additional depth to K2fly’s growing suite in tailings and rehabilitation and extends K2fly’s technical assurance and governance footprint...