Brazil Minerals Inc. (OTCQB:BMIX) has expanded its management team in Brazil in order to accomodate for the company’s operational growth. The additions bring a wealth of experience including management skills, experience in operations and experience in finance and administration. As quoted in the press release:
Mr. Carlos Henrique de Oliveira Garcia joined as Manager and Mr. Armando Franz Netto Soares joined as Associate, and both are based in BMIX’s Brazilian headquarters office in Belo Horizonte, the capital of the state of Minas Gerais in Brazil. The name “Minas Gerais” means “General Mines” which gives an indication of the richness of natural resources contained in that part of Brazil. Minas Gerais possesses over 300 years of mining history and hosts multiple operations in diverse minerals. Belo Horizonte is the third largest city in the country, and has a population of 2.5 million people. Mr. Robledo Delatorre Ribeiro, head of BMIX’s Brazilian Operations, is also based in Belo Horizonte and has extensive diamond industry experience as well as a private equity background.
Brazil Minerals Chairman and CEO, Marc Fogassa, said:
We have built a strong local team with multi-talented individuals. They are hungry for success and work very hard, which are two basic tenets of our culture. Team building is pivotal and we have been able to handpick the talent to join us.