PASADENA, Calif., March 20, 2018 -- Via OTC PR Wire -- Brazil Minerals Inc. announced today that its subsidiary, Jupiter Gold Corporation , expects to begin the initial drilling campaign of its Paracatu Project in or before May 2018. The Paracatu Project encompasses 773 acres and is situated downstream of the largest gold mine in Brazil, "Morro do Ouro", owned and operated by Kinross Gold, a large global gold miner. Morro [...]
PASADENA, Calif., March 13, 2018 -- Via OTC PR Wire -- Brazil Minerals Inc. announced today that today that it has retained financial consulting firm Kinsley Street Investors . KSI provides consulting services to private and public companies in areas such as investor relations, business development, and corporate finance. Under the leadership of Steven J. Weiss, KSI has developed a track record of enhancing shareholder [...]
PASADENA, Calif., March 06, 2018 -- Via OTC PR Wire -- Brazil Minerals Inc. announced today that its subsidiary, Jupiter Gold Corporation , has been granted title to three separate gold claims covering a total of 14,619 acres located in Serrita, a well-known gold province in the state of Pernambuco, Brazil. The Company believes that these claims have potential for copper, manganese and nickel as well. The Serrita gold [...]
PASADENA, Calif., Feb. 22, 2018 -- via OTC PR WIRE--Brazil Minerals Inc. announced today that a new field in one of its properties in the Jequitinhonha River valley in Brazil is beginning to produce gold and diamonds. The Company is actively removing alluvium-type mineralized material found after excavating 60 feet deep in a dry area. Every truckload of material processed in the modular recovery unit operated by the [...]
PASADENA, Calif., Feb. 15, 2018 -- via OTC PR WIRE -- Brazil Minerals Inc. announced today that its lithium project area is also a mineral right for aquamarine, tourmaline and beryl and such gems have been added to its claim registration. The Company's right is in the greater Salinas area, within the Jequitinhonha Valley, in the northeast part of the state of Minas Gerais. "Minas Gerais" means "general mines" in [...]
PASADENA, Calif., Jan. 31, 2018 -- via OTC PR WIRE-- Brazil Minerals Inc. announced today that it has added a premier mineral right for lithium to its mineral bank. This 288-acre claim is within a new and large province that could place Brazil within the top five world producers of lithium. Demand for lithium is rapidly increasing in connection with its use in batteries for electric vehicles and smart phones. A recent [...]
PASADENA, California, Jan. 4, 2018 /PRNewswire/ -- Brazil Minerals Inc. announced today that it has entered into a joint venture with respect to primary diamond sources in Brazil, to be developed by Artemis Diamond Corporation , a diamond-focused company. Artemis will become one of the Brazil Minerals portfolio companies. The areas announced here contain 92,961 acres and thirteen known kimberlites and the project is in [...]
PASADENA, California, Nov. 27, 2017 /PRNewswire/ -- Brazil Minerals Inc. announced today that its majority-owned subsidiary, Jupiter Gold Corporation , has launched its own website which is accessible at www.jupitergoldcorp.com. Jupiter Gold owns over 77,000 acres in mineral rights in some of the premier gold districts in Brazil. More details are available by reviewing Jupiter Gold's filings with the Securities and [...]
PASADENA, California, October 9, 2017 /PRNewswire/ -- Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals") announced today that Mr. Peter Goldy, previously director of communications, accepted the Company's offer to become a consultant for operations in Brazil. Under such agreement, Mr. Goldy, who is also a significant shareholder of Brazil Minerals, is to stay for one to two weeks at the Company's [...]
PASADENA, California, September 6, 2017 /PRNewswire/ -- Brazil Minerals Inc. (OTC: BMIX) (the "Company" or "Brazil Minerals") announced today that its revenues from operations during the month of August 2017 grew 43% in comparison to those received in July 2017. As a direct result, the Company achieved cash flow break even in its Brazilian operations when accounting for usual and recurrent costs. Furthermore, Brazil [...]
Brazil Minerals announced today that it has begun to mine a promising gravel vein in one of its mining concessions located in the Jequitinhonha River Valley of northern Minas Gerais state in Brazil, an area well known for production of diamonds and gold. Brazil Minerals initially tested various locales within the concession and identified those with high quality, virgin alluvial material containing diamonds and gold [...]
Brazil Minerals announced today that the cash flow from its Brazilian operations has increased since early July and that it is closer to being cash flow positive with respect to its recurrent operational costs in Brazil. In particular, over a just-ended rolling monthly period, the Company received enough cash from revenues to offset approximately 75% of its regular and recurrent operational expenses in Brazil, including [...]
