Murray and Roberts business rescue deal creates new mining services platform [SOUND]

# A consortium of investors led by Differential Capital completed a 1.27-billion-rand buyout of Murray & Roberts Limited’s major mining operations, successfully turning them into an independent mining services platform. Murray & Roberts, dating back to 1902, entered into voluntary business rescue in November 2024 following a period of financial pressure. Spokesperson for the consortium, Josh Cunliffe, says the deal secures major mining services businesses, including Cementation and Terra Nova Technologies, and protects about two-thousand-600 jobs: