NEW YORK, Dec. 18, 2014 /PRNewswire/ -- Britannia
Mining, Inc. (OTC Pink: BMIN) ("Britannia" or the "Company"), a UK
based mining and commodities development Company, announced today,
that Britannia's growing portfolio of ready-mined and tradable
commodities has been bolstered by an increased demand for precious
stones; in particular diamonds and emeralds – to which analysts
have valued the 'rough cut' market alone at $11.2 Billion annually; growing
rapidly.
"Due to the seasonal boost in jewelry sales, we have noticed
that rough diamond demand is picking up as manufacturer's restock
inventory. Furthermore, as a result of celebrity endorsements
and the approaching holidays, we have received a number of product
enquiries. The supplier relationships we have been
cultivating for over a year have now enabled us to position one of
the hottest tradable natural resources into our commodities'
trading division," stated Kenneth
Roberts, CEO of Britannia Mining.
Diamonds and emeralds are among the rarest and most valuable
luxury commodities in the world. Today, the United States remains the world's largest
consumer garnering roughly 50% of the market, followed by an
insatiable and growing appetite from China, Russia
and India.
"We work with 'Kimberley' stones, keeping our business clear of
'conflict diamonds'," continued Roberts. "This has allowed us
to create extensive relationships with a number of reputable
suppliers, sourcing stones from miners in Africa, a continent known for having some of
the most valuable and diverse diamond deposits in the world."
Currently Britannia's management is working to fulfill orders
from active buyers in Europe and
is negotiating with renowned diamond suppliers and traders in
Miami and New York.
Roberts concluded, "What we like most about precious stones is
the ease of transportation. Unlike bulk commodities that require
extensive logistical co-ordination prior to shipment, precious
stones cargo is much more straightforward. Therefore, it
makes commercial sense to balance our seaborne bulk products with
precious products that we can send from one continent to another
within days."
Rapid delivery speeds up verification and payment processes that
can enable Britannia to monetize successful transactions into
revenues.
About Britannia Mining
Britannia Mining is a natural resources development company
focused on acquiring high quality commodity-based projects.
For more information on the Company's Mission,
Acquisition & Exploration, visit "About Britannia
Mining": http://www.britanniamining.com/about/company-overview/
Safe Harbor
Statements in this news release that are not historical facts,
including statements about plans and expectations regarding
products and opportunities, demand and acceptance of new or
existing products, capital resources and future financial results
are forward-looking. Forward-looking statements involve risks and
uncertainties which may cause the Company's actual results in
future periods to differ materially from those expressed. These
uncertainties and risks include changing consumer preferences, lack
of success of new products, loss of the Company's customers,
competition and other factors discussed from time to time in the
Company's filings with the Securities and Exchange Commission.
www.britanniamining.com
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SOURCE Britannia Mining, Inc.