Brazil Minerals, Inc. Expands Operational Team in Brazil

BELO HORIZONTE, BRAZIL--(Marketwired - Jul 24, 2014) - Brazil Minerals, Inc. (OTCQB: BMIX) (the "Company" or "BMIX"), a U.S. holding company with revenues from diamonds and gold, announced today that it had expanded its management team in Brazil to accommodate BMIX's growth in operations. These additions to BMIX's team bring management skills, experience in operations, finance, administration, and human resources, and background in entrepreneurship and private equity in Brazil. More details can be found in the Management section of BMIX's website at www.brazil-minerals.com.

Marc Fogassa, Chairman and CEO of BMIX, commented, "We have built a strong local team with multi-talented individuals. They are hungry for success and work very hard, which are two basic tenets of our culture. Team building is pivotal and we have been able to handpick the talent to join us."

Mr. Carlos Henrique de Oliveira Garcia joined as Manager and Mr. Armando Franz Netto Soares joined as Associate, and both are based in BMIX's Brazilian headquarters office in Belo Horizonte, the capital of the state of Minas Gerais in Brazil. The name "Minas Gerais" means "General Mines" which gives an indication of the richness of natural resources contained in that part of Brazil. Minas Gerais possesses over 300 years of mining history and hosts multiple operations in diverse minerals. Belo Horizonte is the third largest city in the country, and has a population of 2.5 million people. Mr. Robledo Delatorre Ribeiro, head of BMIX's Brazilian Operations, is also based in Belo Horizonte and has extensive diamond industry experience as well as a private equity background.

Mr. Eder Patrick Soares de Araujo joined as Manager with an appointment at BMIX's satellite office in Montes Claros, in the northern part of Minas Gerais, and the closest large city to Mineração Duas Barras Ltda ("Duas Barras"), the diamond and gold mining subsidiary of BMIX. Montes Claros has a population of 400,000 people and is located a 90 minute drive from Duas Barras. Montes Claros has all of the necessary services and suppliers that are required to operate Duas Barras' mining operations, including fuel and food supplies, construction materials, and manufacturing and repair shops. Duas Barras is located on the left bank of the Jequitinhonha River; this river valley area is a well-known diamond area and has hosted mining operations since the 18th century.