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 release.