Mabwe Minerals, a
subsidiary of Raptor Resources Holdings (OTCQB: RRHI), is focused on the
logistics, mining, and sale of barite and other industrial minerals and metals
in Zimbabwe. The company’s main operations are at Dodge Mine in Shamva,
Zimbabwe. Through affiliate Mabwe Minerals Zimbabwe, the company owns all of
the metal and mining rights to the mine, which, according to gravity mapping
data, holds massive deposits of high quality barite, limestone and talc, and
possibly copper, zinc, nickel, and gold as well.
The commercial uses
for barite are wide and varied, with noted applications in the oil and gas,
medical diagnostic, automotive and heavy concrete, and paint pigment fields.
There is also strong
regional and global demand for superior grade barite and a growing customer
base that is willing to pay a premium for it. With Dodge Mine having some of
the best API-grade barite on earth, it could cover the market demand for
weighting agents used during oil and gas drilling to stop well blowouts and shaft
collapses. Already, Mabwe Minerals has gained access to an established network
of barite customers and secured a supplier agreement for $3 million tons of
high-grade barite with a multibillion dollar oil and gas company.
Mabwe Minerals has
also set up strategic partnerships and alliances with the Zimbabwe’s leading
logistical and mining companies to ensure a strong regional presence and
worldwide delivery network plus reliable and lucrative support for every aspect
of the associated mining and shipping operations. Alliances with partners like
WGB Kinsey are invaluable. WGB Kinsey supplies the equipment and know-how
needed to direct the production requirements of Dodge Mine. Additionally, with
partners like Yasheya Ltd. and Steinbock Minerals, Mabwe Minerals is able to
tap into and support their established customer base in Europe and the Middle
East and the growing demands of the oil and gas sector off the coasts of South
Africa and Mozambique.
For more information
about Mabwe Minerals, visit www.mabweminerals.com
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