Brazil Minerals announced today several developments: 1) the successful recovery of diamond and gold and the unexpected finding of larger alluvial deposits of free gold from a new mining area; 2) a new manganese opportunity; and 3) the visit by an investor representative to the Company's Brazilian operations. During the initial excavation of one of [...]
Brazil Minerals announced today several developments: 1) it had received a new truck from Mercedes Benz in exchange for cashless tax credits; 2) one of its variable-rate notes had been purchased; 3) conversations with a Chinese mining enterprise had advanced and a visit to BMIX in Brazil was being planned; and 4) mining of a new area for diamonds [...]
Brazil Minerals announced that on April 29, 2016 it obtained approval of a report regarding BMIX's Apui/Borba Project for gold from the local mining department. With the completion of this necessary step, the BMIX's title to this mineral right is confirmed and the Company can now work towards obtaining an initial commercial mining permit. BMIX's [...]
Brazil Minerals announced that one of its remaining convertible noteholders has now fully converted its debt into equity. BMIX received notice that LG Capital Funding, LLC has fully converted its remaining variable-rate convertible note. Therefore, as of now, there are only three short-term oriented institutional holders of outstanding convertible [...]
PASADENA, CA--(Marketwired - Feb 1, 2016) - Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "BMIX") announced today an update on several matters. The Company announced that it had concluded building a dirt road connecting its large diamond and gold processing plant to an area that it intends to mine for diamonds and gold for the next several [...]
PASADENA, CA--(Marketwired - Dec 18, 2015) - Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "BMIX") announced today that its largest convertible debt note, with an original face value of $378,000, has been fully extinguished. Group 10 Holdings, LLC ("Group 10"), the investor that held this note, had been the largest debt holder in the Company [...]
PASADENA, CA--(Marketwired - Dec 10, 2015) - Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "BMIX") announced today that it had submitted two polished diamonds for the ongoing single stone auction sale run by Rapaport Auctions in New York, NY and Ramat Gan, Israel. Rapaport Auctions is a division of the Rapaport Group, a premier diamond service [...]
PASADENA, CA--(Marketwired - Nov 30, 2015) - Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "BMIX") announced today that its Hercules brand of mortars beat established competition from national brands becoming the first choice for use in a new 17-story residential building in Montes Claros, a city of approximately 500,000 people located 58 [...]
PASADENA, CA--(Marketwired - Nov 3, 2015) - Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "BMIX") provided today a brief overview of certain of its ongoing activities. As described in a recent press release, BMIX has worked on building a dirt road to connect its large diamond and gold recovery plant to a highly promising dry mineral rights [...]
PASADENA, CA--(Marketwired - Oct 20, 2015) - Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "BMIX") announced today that it has hired a new member for its management team in Brazil. Gisele Souza, J.D., a U.S. and Brazilian citizen, fluent in both English and Portuguese, has been hired as Vice President, Administration and is based in Montes [...]
PASADENA, CA--(Marketwired - Oct 12, 2015) - Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "BMIX") announced today that our Chief Executive Officer was selected and appointed to an Advisory Group of a leading 2016 U.S. presidential candidate. These advisors hail from business and government, each bringing particular insights and experiences [...]
PASADENA, CA--(Marketwired - Sep 21, 2015) - Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "BMIX") gave a general overview today regarding various important topics related to the Company, including updates on its diamonds & gold, and mortar & sand business lines, and on the elimination of remaining convertible debt from short-term oriented [...]