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...
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