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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.

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

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

BMT was established in Brisbane, Australia in 2005 by Darren and Diane Thornton, and became known as a specialist in blast-movement monitoring technology. Its patented system is used by mining companies...

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