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 [...]
Brazil Minerals announced today that on June 17-18, 2017, its CEO and Rodrigo Mello, an experienced gold geologist, inspected by foot one of the eight mineral rights areas owned by Jupiter Gold Corporation, a subsidiary of the Company. In Mr. Mello's opinion, this area has significant potential for alluvial gold. This mineral right was elevated to exploration permit following the publication of such authorization by the [...]
Brazil Minerals announced today that its subsidiary, Jupiter Gold Corporation, has been awarded prospecting permits from the Brazilian mining department with respect to two areas for gold. These expanded mineral right titles were published in the Brazilian government gazette as mandated by local regulations. One of the awarded prospecting permit titles is with respect to an area covering 795 acres located in the [...]
Brazil Minerals announced today that it has released a video of the first diamond and gold modular recovery plant that it operates. The video can be watched at the link below: This plant was paid for by the Company's subsidiary, Jupiter Gold Corporation, and is solely operated by Brazil Minerals which retains 100% of the diamonds and 50% of the gold recovered from it, while the other 50% of gold is for the account of [...]