Brazil Minerals owns 73.75 percent interest in its subsidiary, which has mining activities are at its mining concession in Brazil and owns the largest alluvial processing plant for diamonds and gold in Latin America, reports add. Brazil Minerals states that the new facility will be managed by a professional in the cutting and polishing field, along with support staff. Also, the company had acquired licenses from the Brazilian federal authority to export polished diamonds that were sourced in rough by Duas Barras, reports say.
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