Why software can be the making of modern mining

In every mining company, there is often a plethora of systems, often spreadsheets, that hold information of critical value to the corporate entity that are not aggregated or well governed.

Added to this, the increasing transparency and speed of information flow create further weaknesses where decisions, or a lack of action at the region or operation can have dramatic negative effects on a company’s corporate reputation and potential future access to capital.

Modernising the reporting, governance and compliance will require mining companies to invest in modern technology solutions that increase the connectivity between data, knowledge and decision makers right across their operations. This will create confidence in the governance of the processes and accountabilities.

There is also industry pressure to speed up this process. The release of the GTS (Global Tailings Standard) sets a new benchmark for multi-stakeholder collaboration and drive to improve industry performance on tailings, as well as sending a strong signal to the mining industry that ESG performance needs to improve.

Resource Inventory reporting software

A large number of K2fly’s Resource Inventory Reporting clients have drawn a direct link between Resource Governance and Tailings Governance. With the broader importance of ESG, this is a positive step forward in how these issues need to be framed, considered and responded to.

Tailings is a crucial part of this governance landscape. Typically, many tailings experts are external to the mining company so they typically have limited ability to “reach” into their client’s document management systems in the lead up to a formal review.

We’re excited to be working with Decipher to develop a truly customer-focused solution that is designed to answer their specific needs and ensure improved compliance of tailings storage facilities (TSFs) and facilitate enhanced safety, environment and community outcomes.

Our new integrated governance dam and tailings software solution will help mining companies ensure TSFs are designed, constructed, monitored, managed, and overseen to the Global Tailings Standard (GTS)

K2fly’s solution will provide
• Management and governance around key stakeholders in the Tailings Facility lifecycle
• Workflows and audit tracking for transparency in reporting
• Capturing/sourcing and searching documentation
• Controlling the functioning of the Independent Tailings Review Board

Now is the time for other governance structures, codes and systems that support mining ESG initiatives to be put in place in a consistent way to prevent further disasters.

Contact us to discuss K2fly’s Dam & Tailings software solution

Latest Updates

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

ESG reporting is urgent to ensure best practice

Modernising the Federated Mining Model is urgent to ensure sustainability Two recent events suggest that the ‘federated’ organisational model seen in many mining companies is not sustainably meeting societies expectations of Environmental, Social and Governance (ESG) performance – the release of the Global Tailings Standards (GTS) and the Australian Federal Parliamentary Inquiry into the destruction of...

Why software can be the making of modern mining

In every mining company, there is often a plethora of systems, often spreadsheets, that hold information of critical value to the corporate entity that are not aggregated or well governed. Added to this, the increasing transparency and speed of information flow create further weaknesses where decisions, or a lack of action at the region or...

Tailings a harbinger for what’s to come on heritage and ESG reporting

The executive fallout from the Juukan cave disaster in the Pilbara of Western Australia is the turning point in the mining industry’s ongoing battle to maintain social license, says K2fly Chief Commercial Office Nic Pollock. He says miners, who are already scrambling to implement the reporting requirements from the recent released Global Tailings Standards (GTS),...

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...

K2fly acquired RCubed to boost resources and reserves SaaS offering

K2fly acquires RCubed to boost resources and reserves SaaS offering K2fly achieves record quarter to cap off strong FY19 performance