TUCSON, ARIZONA, OCTOBER 8, 2019 - Hexagon's Mining division announced today it has signed a five-year technology partnership agreement with Ellatzite-Med, the largest company in Bulgaria's GEOTECHMIN GROUP. The seven-figure deal will supply the company with HxGN MinePlan software and services.

Ellatzite-Med AD is one of the largest copper mining companies in Bulgaria, dealing mainly with extraction and processing of copper porphyry gold-bearing ores from Ellatzite open-pit mine located near the town of Etropole, 80 km east from the capital Sofia.

 The HxGN MinePlan portfolio is built on technology proven in mines worldwide for almost 50 years. It comprises solutions for exploration, geology, engineering, planning and production. Product integration is important to Ellatzite-Med, said Selçuk Akinci, EMEA Senior Territory Manager for Hexagon's Mining division.

"Ellatzite-Med knows that productive mines depend on proven solutions that standardize workflows, ensure accountability and improve collaboration," said Akinci. "Today's deal means our partner has one, fully integrated and comprehensive system. They can manage their data without any transfers or conversion issues. Plus, they can count on outstanding support from our services' department."

"We constantly work towards the implementation and use of modern technologies and mine planning techniques in order to ensure efficient development of our company and in particular, mining processes," said M.Eng. Ivaylo Nikolov, director of Ellatzite Mine Complex. 

"Modernization and investment for the digitalization process of the mine complex are one of our top priorities. The integration of Hexagon's software MinePlan 3D is yet another step towards the development of the mine complex into an upscale technology company."

About Hexagon

Hexagon is a global leader in sensor, software and autonomous solutions. We are putting data to work to boost efficiency, productivity, and quality across industrial, manufacturing, infrastructure, safety and mobility applications.

Our technologies are shaping urban and production ecosystems to become increasingly connected and autonomous — ensuring a scalable, sustainable future.

Hexagon's Mining division solves surface and underground mine challenges with proven technologies for planning, operations and safety.

Hexagon (Nasdaq Stockholm: HEXA B) has approximately 20,000 employees in 50 countries and net sales of approximately 4.3bn USD. Learn more at hexagon.com and follow us @HexagonAB.

For further information

Neville Judd
Communications Director,
Hexagon Mining
+ 1.604.505.6154
media@hexagonmining.com
@hexagonmining

About Ellatzite-Med

Ellatzite-Med AD is a leading company in the mining industry of Bulgaria, operating in open-pit mining and primary processing of porphyry copper gold-bearing ores from Ellatzite deposit. The company is part of GEOTECHMIN GROUP.

Ellatzite-Med conducts its activities on the territory of two mine sites - a mine complex and a flotation complex. The extracted ore is transported from the open-pit mine located near the town of Etropole to the Flotation Complex in Mirkovo village on a 6.5 km underground rubber conveyor belt under the ridge of Stara Planina Mountain.

Over the years, various programs have been elaborated for ensuring the company's long-term operation and for improving the financial and technical parameters of copper ore extraction and processing. Today Ellatzite mine ranks among the top copper-producing companies with the largest production capacities in Europe. The company invests significant funds in new technologies and state-of-the-art equipment, as well as in continuous improvement of staff qualifications. By doing so, it strives to achieve sustainable development of the mine complex and continual improvement of working conditions and environmental performance. 

The company is a member of prestigious trade associations, such as the Bulgarian Chamber of Mining and Geology, the Scientific and Technical Union of Mining, Geology and Metallurgy, Srednogorie Industrial Cluster, the Confederation of Employers and Industrialists in Bulgaria. It is the founder and member of the Management Board of the Bulgarian Federation of Industrial Energy Consumers.

Ellatzite-Med contributes to the sustainable social and economic development of Etropole Municipality and the municipalities of Srednogorie Region where it operates.

For further information

Todor Ivanov
Communications manager
ELLATZITE-MED AD
2086 Mirkovo, Sofia region, Bulgaria
office: +35929021333
mobile: +359879520314
e-mail: t.ivanov@ellatzite-med.com