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 [...]
BELO HORIZONTE, BRAZIL--(Marketwired - Jul 15, 2014) - Brazil Minerals Inc. (OTCQB: BMIX) (the "Company" or "BMIX") announced today that its subsidiary and diamond and gold miner, Mineração Duas Barras Ltda ("Duas Barras"), is being added to the list of the Top 200 Mines in Brazil. This ranking, compiled by Revista Minérios & Minerales, a leading industry publication, is made on the basis of volume of the primary mineral extracted in a given mine. Duas Barras expects to achieve the number one or two ranking for diamond mine in Brazil when the list is published. "Diamonds Regain Their Sparkle for Miners on Rising Demand and Prices - Sector Now Delivering Some of the Healthi... [...]
BELO HORIZONTE, BRAZIL--(Marketwired - Jun 25, 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 has obtained an additional two mineral rights for diamonds and gold, bringing the total areas for exploration to 3,775 acres. There was no stock [...]
BELO HORIZONTE, BRAZIL--(Marketwired - Jun 16, 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 has built a proprietary facility in Brazil for cutting and polishing diamonds mined by its subsidiary, Mineração Duas Barras Ltda ("Duas Barras"). Duas Barras mines diamonds and gold from its mining concession in Brazil and owns the largest alluvial processing plant for diamonds and gold in Latin America. As polished diamonds sell for ten times or more, on a per carat basis, than rough diamonds, BMIX believes that this facility will substantially increase its revenues over time. BMIX's facility ... [...]
BELO HORIZONTE, BRAZIL--(Marketwired - May 21, 2014) - Brazil Minerals Inc. (OTCQB: BMIX) (the "Company" or "BMIX"), a mineral producer with revenues from sales of polished and rough diamonds as well as gold, commented today on its results for the first quarter of 2014. The financial statements of the Company for the three months ended March 31 [...]
BELO HORIZONTE, BRAZIL--(Marketwired - May 13, 2014) - Brazil Minerals Inc. (OTCQB: BMIX) (the "Company" or "BMIX"), a diversified mining company with revenues from diamonds and gold, announced today that it has received US$ 500,000 from four investors in a transaction in which BMIX sold a combination of GIA-graded diamonds, common stock and [...]
