First Equity Group Inc.

Mining Movers for Today: Brazil Minerals Inc (OTCBB:BMIX), Southern Copper Corp (NYSE:SCCO)

 
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Altamonte Springs, FL -- (SBWIRE) -- 12/11/2013 -- www.SmallCapStockPlays.com has issued a news alert on the following Active Stocks;

Brazil Minerals Inc (OTCBB:BMIX) closed trading at 0.0730 yesterday.

The company recently announced that today that according to the Rapaport Diamond Price List ("Rapaport") the valuation of its first lot of cut and polished diamonds was $5,400 per carat. To date, BMIX has sold rough diamonds, at an average of $140 per carat. The Company now intends to start selling part of its production as polished diamonds and will utilize the Rapaport valuation as its guideline for pricing. Brazil Minerals, Inc. (BMIX), formerly Flux Technologies, Corp., is a diversified mining company focused on Brazil. The Company is a producer of alluvial diamonds and gold through the 55% interest of Mineracao Duas Barras Ltda. (Duas Barras).

Southern Copper Corp (NYSE:SCCO) trading around 25.66
-0.30 (-1.16%)

Southern Copper Corporation (SCC) is an integrated copper producer. The Company produces copper, molybdenum, zinc and silver. The Company has three operating segments Peruvian operations, Mexican open-pit operations and Mexican underground mining operations (IMMSA unit).All of its mining, smelting and refining facilities are located in Peru and Mexico and it conducts exploration activities in those countries and in Argentina, Chile and Ecuador.

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