Raptor Resources
Holdings is a holdings company that is focused on mineral resource acquisition,
exploration, and development. The company has two subsidiaries, Mabwe Minerals
Inc. and TAG Minerals Inc., which it leverages for operations in valuable mineral
and metal resource markets. Raptor Resources Holdings is pushing for greater
mineral resource market viability through organic growth and strategic
acquisitions of seasoned mining and mineral assets.
Raptor Resources
Holdings’ subsidiary Mabwe Minerals recently reported that a recent purchase
order has pushed its total purchase orders beyond prior estimates. Mabwe
Minerals is a fully reporting, publicly traded natural resources and hard asset
company. At present, it is engaged in the mining and commercial sales of
industrial minerals and minerals, with a primary emphasis on barite. Barite is
a naturally occurring mineral that enjoys multiple applications in the oil and
gas, medical, automotive, and paint pigment industries. Globally, barite is
projected to jump 16% over the next two years. The subsidiary is pushing to
meet this demand through mining operations at Dodge Mine in Zimbabwe, a
123-hectare property noted to contain multiple deposits of superior grade
barite, limestone, and talc. The site is noted to be one of the most promising
locales for barite mining that has been found in some time.
Mabwe Minerals’
Zimbabwe affiliate was recently given a purchase order for 10,000 metric tons.
The new order now brings the affiliate’s total purchase orders to 12,000 metric
tons, an amount that exceeds previous estimates. WGB Kinsey & Company, the
Zimbabwe company that Mabwe Minerals Zimbabwe (Private) Ltd. has partnered with
to coordinate all activities of the Dodge Mine project, is continuing to push
for greater operations efficiency and coordination.
Mabwe Minerals
continues to report substantial progress in other parts of its operations as
well. With this key partner is place, Raptor Resources Holdings is positioned
to be a strong player in South African regional markets for barite and in
international quarters as well.
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