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 [...]
Brazil Minerals announced today that the gold and diamond modular recovery plant located in one of its mining concessions in the Jequitinhonha River valley in Brazil is now operational and producing both gold and diamonds. Brazil Minerals is processing auriferous and diamondiferous gravel which had been excavated previously and stored. Recently, a technical expert on detailed local examination has identified two new [...]
Brazil Minerals announced today that the first modular gold and diamond recovery plant, which has been installed in one out of its several mining concessions, has begun operations. The industrial-size centrifuge recently purchased and installed for gold retrieval in this first plant is operating well. Periodic adjustments continue to be made in the processing circuit and in several of the operating machines. Brazil [...]
Brazil Minerals announced today that the new gold and diamond modular recovery plant located in one of its mining concessions in the Jequitinhonha River valley in Brazil is near operational status. A gold-recovery centrifuge, the last of the five machines of this plant, was recently installed. The plant's first test run occurred last Friday and the centrifuge successfully retrieved gold from material processed. Today the [...]
Brazil Minerals announced today that the modular and movable processing plant installed in one of its mining concessions has received the industrial-size centrifuge recently purchased. Centrifugation will be the clean method of gold recovery for this facility. The installation of such machine is now underway, with a representative from the factory present. Barring any delay due to current heavy rains, Brazil Minerals [...]
Brazil Minerals announced today that one of its subsidiaries purchased a large centrifugal concentrator, which will be installed this week in an otherwise completed gold and diamond modular recovery plant, located in one of its mining concessions in the Jequitinhonha River valley in Brazil. The installation of this final piece of equipment will allow daily gold and diamond production to resume. As described in prior [...]
Brazil Minerals announced today that Jupiter Gold Corporation, its subsidiary focused purely on gold projects, had its registration statement for a planned initial public offering declared effective by the Securities and Exchange Commission on December 16, 2016. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of either Brazil Minerals or Jupiter Gold, and shall not [...]
Brazil Minerals announced today it has received the final piece of equipment necessary for the gold recovery circuit that processes gravel and thicker alluvial materials of any type found locally. This just delivered machine is a stone remover to be used at the start of the circuit and before the vibrating screen shown in the November 16, 2016 press release of the Company. The third and final component of this circuit is [...]
Brazil Minerals announced today that its operations have been producing gold from fine alluvial material. Three pieces of equipment will be added to the small-plant circuit that recovers gold to permit much thicker material containing gravel, clay, and stones to be processed as well. One of such machines is a large vibrating screen, acquired last week after an extensive search; its photograph after arrival is attached to [...]
Brazil Minerals announced today that the initial gold retrieval unit (GRU) installed in one of its mining concessions for gold in the Jequitinhonha River valley in Brazil has begun operations as of late last week. This initial GRU was built to specifications at a metalworking facility located in northern Minas Gerais state in Brazil. Following transport to its current location, it took over two weeks to configure, test [...]
