Brazil Minerals Sells Sand From Its Gold and Diamond Processing Plant

Diamond Investing

Brazil Minerals, Inc. (OTCQB: BMIX) subsidiary, Mineração Duas Barras Ltda. has commenced selling industrial-quality sand from its diamond and gold processing plant.

Brazil Minerals, Inc. (OTCQB:BMIX) subsidiary, Mineração Duas Barras Ltda. has commenced selling industrial-quality sand from its diamond and gold processing plant.

As quoted in the press release:

As there is virtually no direct cost to MDB on these sales, they are all profitable. Furthermore, BMIX announced an upward revision of 127% in the estimated availability of sand that MDB has in its recovery bay located near the diamond and gold processing plant, from 200,000 tons to 454,813 tons, based on topological estimates by an outside consultancy.

Click here to read the Brazil Minerals (OTCQB:BMIX) press release
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