Brazil Minerals, Inc. (BMIX) First Lot of Polished Diamonds via Brazil Operations Snapped Up by U.S. Based Group
Brazil Minerals, a nicely diversified mineral producer focused on their projects in Brazil, the flagship of which is the 55%-owned, producing Duas Barras diamond and gold mine in Minas Gerais, reported sales today of a sizeable lot of GIA-graded polished diamonds to a U.S.-based operation, marking the first sales for BMIX of gemstones above rough diamond quality out of the Duas Barras operation. Moreover, this sale marks a decided shift from selling unpolished diamonds and gold output only to the local Brazilian markets, a key milestone in the site's evolution and a clear indicator of the considerable progress made by…