Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Headquartered in Tucson, AZ, USA, Mintec has with its 232 employees grown into a global network of mining professionals providing technology, service and support in some of the most complex mining operations around the world. MineSight, the company’s modelling and mine planning brand since 1970, is well-known and respected in the industry.
Mining is becoming a more precise practice, and accurate mine planning and scheduling is at the forefront of this change. Hexagon has been active primarily in the operations domain, but the integration of the planning, scheduling
and daily production capabilities of Mintec will enable Hexagon to close the loop and control data flow from design and mine planning through extraction and back into life- of-mine planning, providing a comprehensive flow of data
across all mining operations.
“The acquisition of planning and scheduling software strengthens our mining solution strategy, providing a platform for comprehensive life-of-mine solutions,” said Hexagon President and CEO Ola Rollén. “The combination of proven
technologies from Leica Geosystems, Devex, SAFEmine and now Mintec, in connection with our geospatial product suite and computer-aided dispatch solutions from Intergraph, we have the tools and technologies to leap ahead of
the competition, giving Hexagon a unique position in the market.”
The transaction remains subject to customary closing conditions. Closing is expected to be effected no later than June 2014.
Leica Geosystems – when it has to be right
Leica Geosystems Mining is a division of Leica Geosystems Pty Ltd.
With close to 200 years of pioneering solutions to measure the world, Leica Geosystems products and services are trusted by professionals worldwide to help them capture, analyze, and present spatial information. Leica Geosystems is best known for its broad array of products that capture accurately, model quickly, analyze easily, and visualize and present spatial information.
Those who use Leica Geosystems products every day trust them for their dependability, the value they deliver, and the superior customer support. Based in Heerbrugg, Switzerland, Leica Geosystems is a global company with tens
of thousands of customers supported by more than 3’500 employees in 28 countries and hundreds of partners located in more than 120 countries around the world. Leica Geosystems is part of the Hexagon Group, Sweden.
Learn more at http://www.leica-geosystems.com/en/index.htm.
Hexagon
Hexagon (NASDAQ OMX Stockholm: HEXA B) is a leading global provider of design, measurement and visualisation technologies. Our customers can design, measure and position objects, and process and present data, to stay one step ahead of a changing world. Hexagon’s solutions increase productivity, enhance quality and allow for faster, better operational decisions, saving time, money and resources. Hexagon has more than 14,000 employees in over 40 countries and net sales of about 2,400 MEUR. Our products are used in a broad range of industries including surveying, power and energy, aerospace and defence, construction, safety and security, automotive and manufacturing. Learn more at www.hexagon.com.
