• Montag, 23 Dezember 2024
  • 05:51 Uhr Frankfurt
  • 04:51 Uhr London
  • 23:51 Uhr New York
  • 23:51 Uhr Toronto
  • 20:51 Uhr Vancouver
  • 15:51 Uhr Sydney

Brazil Minerals, Inc.'s Diamond and Gold Subsidiary Added to Ranking of Top Mines

15.07.2014  |  Marketwire

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 Healthiest Returns in the Mining World"

Recently, The Wall Street Journal published a news report entitled "Diamonds Regain Their Sparkle for Miners on Rising Demand and Prices - Sector Now Delivering Some of the Healthiest Returns in the Mining World". The Company believes that this article provides important background to understand the current favorable dynamics in the diamond business. The link to the online version of this report is here:

http://online.wsj.com/articles/diamonds-regain-their-sparkle-for-miners-on-rising-demand-and-prices-1404826159

Invited Presentation

BMIX received a formal invitation to present its diamond-producing subsidiary, Duas Barras, at the 12th annual edition of the Equipo Mining Conference being held in Belo Horizonte, Brazil, August 5-8, 2014. Marc Fogassa, Chairman and CEO, and Robledo Delatorre Ribeiro, Head of Operations in Brazil, will present and be available for meetings at the conference.

About Brazil Minerals, Inc.

Brazil Minerals Inc. (OTCQB: BMIX), a U.S. holding corporation, has ownership of 73.75% of Duas Barras, a Brazilian mining company that mines diamonds and gold, and sells polished and rough diamonds as well as gold bars with 96% purity. BMIX also owns stakes in other subsidiaries in Brazil with mineral rights and/or options on projects in diamonds, gold, and other minerals. More information on BMIX, including an investor presentation, can be found at www.brazil-minerals.com.

Safe Harbor Statement

This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Brazil Minerals Inc.'s management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in Brazil, general economic conditions, geopolitical events and regulatory changes, availability of capital, BMIX's ability to maintain its competitive position and dependence on key management. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

Cautionary note regarding estimates of Indicated and Inferred Mineral Resources as found in the Duas Barras NI 43-101.

We advise U.S. investors that while these terms are recognized by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize them. U.S. investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into mineral reserves.



Contact

Contact:

Marc Fogassa
Chairman & CEO
(213) 590-2500
Email Contact
www.brazil-minerals.com


Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
Atlas Lithium Corp.
Bergbau
A3D3MQ
US1058613068
Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.