OREANDA-NEWS. MMX, the EBX Group's mining company, informed the market on April 26 that the results of reports of independent certifiers SRK Consulting (SRK) and Coffey Mining (Coffey) to Serra Azul Unit, Mina Pau de Vinho and Bom Sucesso evidence 3.6 billion tons of mineral resources audited. Therewith, the iron resources from these three units increase 23.7% when compared to the Material Fact released by MMX on August 31st, 2011.

As to Serra Azul Unit, SRK verified that the Company has resources of approximately 2.14 billion tons against 1.73 billion tones certified in August 2011. The increase of 23.7% considers the sum of mineral resources measured, indicated and inferred.

It is important to highlight the significant growth in the sum of the measured and indicated mineral resources to Serra Azul Unit, which starts from levels of 1.15 billion tons to 1.82 billion tons in this new certification, representing an increase of 58.4%. This increase is extremely important because it qualifies the Serra Azul Unit, the main mining asset and project of MMX, to a greater conversion of its mineral resources into certified reserves.

The mining assets of Pau de Vinho and Bom Sucesso also obtained new certifications that evidenced results aligned with the data published in Material Fact of August 2011.