Diamonds are Forever on Their Radar Screen
AllpennyStocks.com

Diamonds are Forever on Their Radar Screen

By: Dylan Sikes – AllPennyStocks.com News

Monday, November 11, 2019

New developments in the diamond mining derby: Pasadena, Calif-based Brazil Minerals, Inc. (OTC:BMIX) told investors Monday the first run of the production of diamonds from its current mining site was better than expected. 

Using a technical term, BMIX said Diamondiferous gravel was extracted, transported, and processed through a nearby first-stage recovery plant.  The results of the found materials – in all shapes and sizes, judging by Monday’s news release -- needs to be further processed for final recovery of rough diamonds. 

The Company also says it will further process “medium size” and “large size” partially-processed ore in the next several days. The goal is to maximize the yield on diamond recovery prior to processing stockpiled ore. 

Shares in BMIX rocketed 28.9% to 29-100ths of a cent mid-Monday afternoon, on volume of 25.9 million shares.


Copyright © 2019 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon

Other Penny Stock Movers

Canadian Inflation Moves Up as Expected But Easing Underlying Pressures Boost Hopes of June Rate Cut
 Read More
Mixed Shelf Filing Gives Micro Cap Delayed Boost
 Read More
Key Executive Appointment Sends Small Cap Higher
 Read More
Most Popular
1
Key Press Release Sends Small Cap Soaring Premarket
2
Key Executive Appointment Sends Small Cap Higher
3
Tencent shares soar on early release of hotly anticipated mobile game
4
JD Sports strikes deal to buy Hibbett for $1.1 billion in push for U.S. growth
5
Canadian Inflation Moves Up as Expected But Easing Underlying Pressures Boost Hopes of June Rate Cut
6
Shares of Dual-Listed Miner Up on News of Options on Uranium Properties
FREE Newsletter


Back to Top
Site Links:
Premium Services / Email Newsletter:
Social Media:
RSS Feed:
Partners:
© Copyright 2024 AllPennyStocks.com Media Inc. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes.
Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Data is provided by QuoteMedia.com.
© Copyright 1999 – 2024. AllPennyStocks.com Media Inc.
All rights reserved.