BELO HORIZONTE, BRAZIL--(Marketwired - Dec 3, 2014) - Brazil Minerals Inc. (OTCQB: BMIX) (the "Company" or "BMIX", including its subsidiaries), a U.S. company with revenues from sales of both polished and rough diamonds as well as gold, announced today that it had received a written contract for sale of sand from its Duas Barras mine in Brazil [...]
New Sales Channel Launched BELO HORIZONTE, BRAZIL--(Marketwired - Nov 13, 2014) - Brazil Minerals Inc. (OTCQB: BMIX), (the "Company" or "BMIX"), a U.S. holding company with revenues from gold and diamonds, announced today that diamonds obtained from its mining production during 2014, after being cut and polished at its own facility and graded at [...]
BELO HORIZONTE, BRAZIL--(Marketwired - Oct 7, 2014) - Brazil Minerals Inc. (OTCQB: BMIX), (the "Company" or "BMIX"), a U.S. holding company with revenues from sales of polished and rough diamonds as well as gold bars, all from its own production, announced today that it had purchased and formally received title to the remainder of Mineração Duas Barras Ltda. ("MDB") that it did not own before. MDB is the first operational, revenue-generating business owned fully by BMIX. Aside from regular payables for operations, there is no debt in MDB. Marc Fogassa, Chairman and CEO of BMIX, commented: "Our original goal had been to finish the acquisition of 100% of MDB by the end of 2014. I am delighted t... [...]
BELO HORIZONTE, BRAZIL--(Marketwired - Oct 1, 2014) - Brazil Minerals Inc. (OTCQB: BMIX) (the "Company" or "BMIX"), a U.S. holding company with revenues from sales of gold and diamonds, announced today its revenue guidance for the third quarter of 2014. BMIX expects revenues of approximately $303,000, which would be 212% higher than last quarter's [...]
BELO HORIZONTE, BRAZIL--(Marketwired - Sep 24, 2014) - Brazil Minerals Inc. (OTCQB: BMIX), (the "Company" or "BMIX"), a U.S. holding company with revenues from sales of gold and diamonds, announced today that one of the diamonds produced by Mineração Duas Barras Ltda. ("MDB") was graded as a fancy color diamond by the Gemological Institute of America ("GIA"). Fancy colored diamonds are much rarer than the usual colorless gems that MDB produces. Colored diamonds lend themselves well to specific jewelry pieces, which may command a price substantially higher than a sale of the polished diamond. BMIX is studying the Brazilian colored diamond market because of the high margins that it can produce and the fact that it is complementary and synergist... [...]
Brazil Minerals, a U.S. holding company with revenues from gold and diamonds, announced today that Goldman Small Cap Research had issued an investment report on BMIX with a rating of Speculative Buy and a price target of $0.30. The report can be accessed in the links below:
BELO HORIZONTE, BRAZIL--(Marketwired - Sep 11, 2014) - Brazil Minerals Inc. (OTCQB: BMIX), (the "Company" or "BMIX"), a U.S. holding company with revenues from gold and diamonds, announced today that its subsidiary, Mineração Duas Barras Ltda. ("MDB"), had obtained the formal environmental permit to remove and commercialize sand, which is found in abundance in its mine. MDB operates an open pit mine and has the largest alluvial processing plant for gold and diamonds in Latin America. The Company has received formal permission from SUPRAM (Superintendência Regional de Regularização Ambiental, the local environmental regulator) allowing the removal and commercialization of sand f... [...]
BELO HORIZONTE, BRAZIL--(Marketwired - Aug 27, 2014) - Brazil Minerals Inc. (OTCQB: BMIX), (the "Company" or "BMIX"), a U.S. holding company with revenues from gold and diamonds, announced today that its subsidiary, Mineração Duas Barras Ltda. ("MDB"), had hired additional mine workers to be able to process for gold and diamonds every day of the year, including weekends and holidays. MDB operates an open pit mine and its plant is the largest alluvial processing plant for gold and diamonds in Latin America. Under the work plan started this week, the gold and diamond processing and recovery plant now runs with two teams of workers, each team working for four days at a time and then rotating with the other team. This allows the plant to run ev... [...]
BELO HORIZONTE, BRAZIL--(Marketwired - Aug 14, 2014) - Brazil Minerals Inc. (OTCQB: BMIX), (the "Company" or "BMIX"), a U.S. holding company with revenues from diamonds and gold, announced today that it had completed the purchase and received title free and clear to another 13.13% of Mineração Duas Barras Ltda. ("MDB") in Brazil, thereby increasing its current ownership in MDB to 86.88%. MDB mines diamonds and gold, has 1,404 acres of mineral rights including a mining concession, operates the largest alluvial processing plant in Latin America, and has a bankable feasibility study completed. Marc Fogassa, Chairman and CEO of BMIX, commented, "Expanding our ownership of a producing gold and diam... [...]
BELO HORIZONTE, BRAZIL--(Marketwired - Aug 12, 2014) - Brazil Minerals Inc. (OTCQB: BMIX), (the "Company" or "BMIX"), a U.S. holding company with revenues from diamonds and gold, announced today that it had received a request and granted rights to representatives from the Gemological Institute of America ("GIA") to visit the facilities of its [...]
BELO HORIZONTE, BRAZIL--(Marketwired - Aug 6, 2014) - Brazil Minerals Inc. (OTCQB: BMIX) (the "Company" or "BMIX"), a U.S. holding company with revenues from diamonds and gold, announced that it has held preliminary discussions with the Panama Diamond Exchange ("PDE"), scheduled to become the first and only diamond bourse in Latin America. BMIX's [...]
BELO HORIZONTE, BRAZIL--(Marketwired - Jul 24, 2014) - Brazil Minerals Inc. (OTCQB: BMIX) (the "Company" or "BMIX"), a U.S. holding company with revenues from diamonds and gold, announced today that it had expanded its management team in Brazil to accommodate BMIX's growth in operations. These additions to BMIX's team bring management skills [...]