Blast Movement sells majority stake

Mining technology firm Blast Movement Technologies (BMT) has sold a majority stake to private equity (PE) group Jolimont Global Mining Systems and its joint venture partner Resource Capital Funds, one of the largest global mining-focused PE firms.

Blast Movement sells majority stake Blast Movement sells majority stake Blast Movement sells majority stake Blast Movement sells majority stake Blast Movement sells majority stake

BMT's Darren Thornton (left) accepting an industry award in 2011