Our company

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

The company was formed in May 2019 and is headquartered in West Perth, Australia with an operational office in Dunedin, New Zealand.

How we work

opaxe is a database of announcements  published by resources companies listed on the world’s major stock exchanges. Although these announcements are available in the public domain, they are not always easy to find. We display these announcements, represented by pins, on an interactive map. Clicking on a pin opens a window showing all announcements available for the project and/or company associated with the pin. There is a download link for each announcement and a summary of the information available including a resource statement, best drill intersections, and the name of the QP/CP, etc.

Announcements can be filtered by various criteria including commodity type, date, project status, stock exchange the company is listed on, reporting code, report type, and transaction size and type. Subscribers are able to set their preferred filters which allows them to immediately access announcements based on their selected preferences, and there is a search tool allowing users to search for specific projects, stock market listing codes, competent persons and other relevant fields.

opaxe is a subscription-based, membership service. Registration to one of our subscription plans is required to view and download announcements, to set up and use filter preferences, and to search for announcements based on selections of commodities, project status, report type, stock exchange listing etc. Our members also receive regular updates and bulletins relating to activity in the minerals sector.

Non-registered users are able to view a limited number of technical announcements but cannot use any other opaxe feature.

Our data

We currently collect essentially every announcement and report released by listed mining companies that is related to exploration activity.
Exploration announcements mostly relate to projects that are positioned on the central part of the mining value chain (see the diagram below).

We also collect transaction announcements relating to transactions of mineral projects at any stage of development.

We will shortly be collecting additional company reports including financial statements, quarterly and annual reports, presentations and general announcements. These reports will also be available via our interactive map.

All data displayed on the opaxe interactive map is available in the public domain. We update our databases daily, and most new announcements are available within 72 hours of their initial publication.

Machine learning

opaxe was awarded an Innovations Connections government grant allowing us to work with the University of Western Australia on a Machine Learning/Natural Language Processing project. The aim is to build an integrated text-mining Toolkit, which will automatically extract data from company announcements to be fed into opaxe’s databases and allow our users to search announcements for specific items.

We are also working with Tekkon Technologies to develop automation of the announcements gathering, handling and processing activities. This will enable us to significantly expand the volume of company announcements collected and republished on our website. 

Who we are

Our founders

Nick Saunders
BSc, MBA, MAICD
Managing Director

With a background in mining in Australia, pharmaceuticals in the UK and digital media in Eastern Europe and South America, Nick has extensive experience in leading and developing start-up’s and small businesses.
Most recently Nick was the founder and CEO of a media company headquartered in Sofia, Bulgaria and operating across eastern Europe. He moved back to Australia in late 2017 and has been active in the startup ecosystem in Perth where he mentors and advises several start-up businesses.

Nick brings strong operational, sales and marketing expertise to opaxe and is responsible for the day to day operation of the company

Rene Sterk
MSc, FAusIMM, CP(Geo), MAIG(RPGeo), MSEG, MInstD
Technical Director

René has delivered resource evaluation, training and geological consulting throughout Africa, Asia, Europe and Oceania in a wide variety of geological settings and commodities. He has led numerous exploration and mine geology teams in Australia, New Zealand, Indonesia, Philippines, Mongolia, Zimbabwe, South Africa, Mozambique, Ghana, Sweden and Mali. He is the principal author of several Canadian NI 43-101 and JORC compliant resource studies for gold mines in Africa and has assisted clients with exploration programs for these projects and others.

René established RSC in New Zealand in 2008 later expanding into Australia. He oversees the technical development of opaxe and  manages the reporting compliance side of the business.

Craig Wright
MSc, MAusIMM, MAICD
Business Strategy Director

After obtaining a master’s degree in Geology from the University of Otago Craig held a number of roles in exploration in both New Zealand and Australia before striking out on his own and founding an IT innovation and manufacturing company. Following a successful exit from that business and a period as a day trader Craig joined RSC in 2012 to manage the Australian office.

Craig brings a strong background as a creative and strategic innovator to opaxe and drives the strategic development of the company

Our team

Phil Anderson
BSc
Data Integration Engineer

Phil oversees the collection, compilation and verification of data streams used to create our database, enabling the team to deliver an effective and robust product which matches the unique requirements of our clients.