Brazil Minerals Says Diamond And Gold Unit Operating Every Day

(IDEX Online) – Brazil Minerals, Inc., a U.S. holding company with revenues from gold and diamonds, said its subsidiary, Mineração Duas Barras Ltda. (MDB), has hired additional mine workers to be able to process gold and diamonds every day of the year, including weekends and holidays.

MDB operates an open pit mine and its plant is the largest alluvial processing plant for gold and diamonds in Latin America.

Under the work plan started this week, the gold and diamond processing and recovery plant now runs with two teams of workers, each team working for four days at a time and then rotating with the other team.

This allows the plant to run every calendar day, producing gold and diamonds from gravel mined nearby by MDB’s excavation team.

The excavation team remains with one team of workers during the workweek. One day of excavation generates two to five days of materials for the recovery plant.

MDB, which is 87 percent owned by Brazil Minerals, mines conflict free diamonds and gold, and sells rough and polished diamonds and 96% purity gold. It owns mineral rights encompassing approximately 1,404 acres, including a fully-operational mining concession. It also has the permit to export its production of rough or polished diamonds.