Shares Outstanding 69,963,463 a/o Mar 28, 2013
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Posted On: 10/07/2014 8:38:51 AM
Shares Outstanding 69,963,463 a/o Mar 28, 2013
WELCOME TO BRAZIL MINERALS, INC.
The vision of Brazil Minerals is to become a premier diversified mining company focused on Brazil. Our team is our main strength. In our team we combine over 100 years of collective deep and local Brazilian mining experience, centered on personal relationships, cultivated face to face even in today’s world, and add to it the expertise from our team members who come from the fast-paced worlds of global private equity, venture capital, and investment banking. We mix the transparency of the U.S. capital markets with the strong respect for property rights afforded by Brazil.
The business model of Brazil Minerals in the medium term is to control a certain number of attractive, profitable or near-term profitable operating mines, while partnering on other projects. We use capital judiciously in part given the founder’s past experience as a venture capitalist. We like to diversify our risk across minerals. We intend to maintain a small operation, outsourcing as much as possible, so as to become profitable as soon as possible, and to eventually start paying dividends to our shareholders.
Currently we are already a small producer of alluvial diamonds through the percentage ownership of production of Duas Barras, the largest alluvial diamond and gold processing plant in Latin America. We are also the owner of the mining rights to the Borba Project, a large area where gold has been found but no geology has been done to date. Both of these properties are in Brazil; Duas Barras is at the margins of the Jequitinhonha River in the State of Minas Gerais, and the Borba Project is in the Amazon region in the state of Amazonas. Further details can be found in the Properties section of this site.
Why Brazil? Brazil is a top destination for investment for these reasons:
- Stable economy with low unemployment and a growing middle class
- Stable political environment (democratic elections, free press)
- Tradition of welcoming foreign investment
- Strong and well-capitalized financial institutions
- Inflation under control
Furthermore, Brazil is one of the world’s safest mining jurisdictions for investors as it has:
- A strong and diversified mining sector
- Pro-mining laws and procedures
- A clear permitting process with the federal government as the sole authority
- No expropriations in its history
- Ample facilities, services, and human resources available for the development of new mines
Additionally, many Brazilian geologists would readily admit that only approximately 5% of the Brazilian territory has been properly geologically mapped, leaving a strong potential for new and large discoveries.
http://www.brazil-minerals.com/
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