Mineração Duas Barras Diamond Graded by GIA as Fancy Color Diamond

Brazil Minerals Inc. (OTCQB:BMIX) reported that the Gemological Institute of America graded one of the diamonds produced by Mineração Duas Barras Ltda. as a fancy color diamond. BMIX owns 86.88% of Mineração Duas Barras Ltda.

As quoted in the press release:

BMIX is studying the Brazilian colored diamond market because of the high margins that it can produce and the fact that it is complementary and synergistic to its current colorless diamond business.

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