Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
SAO PAULO, BRAZIL–(Marketwired – May 13, 2013) – Brazil Minerals, Inc. (OTCQB:BMIX) (“Brazil Minerals” or “BMIX”), a precious minerals producer with resources and assets in Brazil, announced that it has added gold revenues to its diamond operations and acquired a majority ownership stake in Mineração Duas Barras Ltda. (“Duas Barras”), a Brazilian diamond and gold producing mining company.