Blast Movement Technologies majority stake acquired by Jolimont Global Mining Systems and Resource Capital Funds

Blast Movement Technologies majority stake acquired by Jolimont Global Mining Systems and Resource Capital Funds

Mining technology firm Blast Movement Technologies today announced that it had sold a majority stake to Jolimont Global Mining Systems (Jolimont Global), a private equity group that invests in high growth mining equipment, technology and services companies, and its joint venture partner Resource Capital Funds, one of the largest global private equity firms focused on mining. Read the BMT acquisition press...
APE Mobile Paperless Site App Raises $2 Million

APE Mobile Paperless Site App Raises $2 Million

Perth, Australia – APE Mobile, an established Australian software company that has developed an innovative paperless site app for the Construction, Mining and Oil & Gas industries to enable greater efficiency in managing on-site documents on iPads and web devices, is pleased to announce the raising of $2 million in a series A funding round led by Jolimont Global and Viburnum Funds. Read the APE Mobile_Press...
Coalition Government drives growth of $17 billion mining equipment and technology sector

Coalition Government drives growth of $17 billion mining equipment and technology sector

Deputy Premier and Minister for State Development Peter Ryan today unveiled two new initiatives to help drive growth in the state’s $17 billion mining equipment, technology and services (METS) sector. Mr Ryan said the new Victorian METS Capability Statement, developed by AustMine with funding support from the Victorian Coalition Government, identified the sector as a key driver of economic and jobs...
Jolimont Global announces first investment in Newtrax

Jolimont Global announces first investment in Newtrax

Melbourne, Australia -­‐ Jolimont Global Mining Systems (‘Jolimont’), a private equity investor in high growth mining equipment, technology and services (‘METS’) companies, today announced the first investment from its fund, into Newtrax Technologies Inc. (‘Newtrax’) – a leading provider of electronic safety and automation products for underground mines, based in Montreal. Download and read the full press release...