PASADENA, CA--(Marketwired - Sep 9, 2015) - Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "BMIX") reported today that its subsidiary, Mineração Duas Barras Ltda. ("MDB"), obtained a 4-year renewal of its environmental license of operations ("Licença de Operação"). MDB's application was voted favorably by the [...]
PASADENA, CA--(Marketwired - Aug 25, 2015) - Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "BMIX") reported today that it has obtained favorable results in the detailed laboratory analysis of its sand for potential use in the fracking industry. The testing was conducted in a laboratory that provides technical analytical services to [...]
PASADENA, CA--(Marketwired - Aug 13, 2015) - Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "BMIX") announced today that it had established a subsidiary in Brazil called Hercules Brasil Ltda. ("Hercules") to pursue opportunities in the construction materials business. Initially, Hercules is focused on the production and sale of mortar. A medium [...]
PASADENA, CA--(Marketwired - Aug 5, 2015) - Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "BMIX") reported today steady progress towards the complete elimination of its convertible debt held by short-term noteholders. In this release, convertible debt investors that convert debt to common stock periodically and expeditiously sell such stock [...]
PASADENA, CA--(Marketwired - Aug 3, 2015) - Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "BMIX") announced today that it has made all of the cash payments for its ownership position in RST Recursos Minerais Ltda. ("RST") and that it had completed the second phase of geological assessment in a new dry locale for diamonds and gold in the valley [...]
PASADENA, CA--(Marketwired - Jul 16, 2015) - Brazil Minerals Inc. (OTCBB: BMIX) (the "Company" or "BMIX") reported today that it has provided five different types of sand for detailed laboratory analysis for potential use in the fracking industry. BMIX has access to a multitude of different types of sand from its dozens of minerals rights areas and [...]
PASADENA, CA--(Marketwired - Jul 13, 2015) - Brazil Minerals Inc. (OTCBB: BMIX) (the "Company" or "BMIX") reported today that its subsidiary RST Recursos Minerais Ltda. ("RST") has obtained from the local environmental regulatory agency a permit to initiate mining for diamonds and gold in one of its mineral rights areas. The permit obtained is [...]
PASADENA, CA--(Marketwired - Jun 15, 2015) - Brazil Minerals Inc. (OTCBB: BMIX) (the "Company" or "BMIX") announced today that it has cut its Brazilian fixed costs by 50% as a result of the relocation of its Brazilian administration to an office 15 miles away from its diamond, gold, and sand mine operations. To facilitate oversight and [...]
BELO HORIZONTE, BRAZIL--(Marketwired - May 26, 2015) - Brazil Minerals Inc. (OTCBB: BMIX) (the "Company" or "BMIX") announced today that its Senior Geologist, J. Francescatto, and his team had successfully concluded the first phase of geological assessment in a dry area for diamonds and gold near a margin of the Jequitinhonha River in the State of [...]
BELO HORIZONTE, BRAZIL--(Marketwired - May 5, 2015) - Brazil Minerals Inc. (OTCBB: BMIX) (the "Company" or "BMIX") announced today that the amount of variable-rate convertible debt that has been converted into its common stock has totaled $411,472 so far in 2015. This value has not been audited, and is based on information received from the [...]
BELO HORIZONTE, BRAZIL--(Marketwired - Apr 30, 2015) - Brazil Minerals Inc. (OTCBB: BMIX) (the "Company" or "BMIX") announced today that the second exploratory drilling hole in a new dry area for diamonds and gold, utilizing the Company's own Banka 4-inch drill, has yielded positive results. The results of the first exploratory hole have been [...]
BELO HORIZONTE, BRAZIL--(Marketwired - Apr 27, 2015) - Brazil Minerals Inc. (OTCBB: BMIX) (the "Company" or "BMIX") announced today the preliminary result for the initial drilling of a new dry area for diamonds and gold, utilizing the Company's own Banka 4-inch drill. The first exploration hole in such area yielded a sizeable layer of "starched [...]