Thursday, April 24, 2014

Mabwe Minerals Inc. (MBMI) Works in Collaboration with TAG Minerals

Mabwe Minerals is one of Raptor Resources’ two subsidiaries, along with TAG Minerals. Mabwe, like TAG, is a US-based natural resources and hard asset company involved in the mining, logistics, and commercial sale of industrial minerals and metals, primarily in Zimbabwe. Raptor Resources owns a minority stake in Mabwe and serves as the parent/holding company for the subsidiary.

Consistent with Raptor Resources’ strategic focus, Mabwe is currently developing greenfield resources and bringing them into commercial production while TAG is exploring new minerals and metals, pursuing hard assets with revenue-generating potential, and on the lookout for tested mining opportunities. While Mabwe is focused solely on early-stage barite and limestone production at the Dodge Mine at this point in time, TAG is focused jointly on stone/aggregate production at the Derbyshire Stone Quarry and on developing the Raptor Mine by targeting transition metals, such as copper and nickel.

Notwithstanding the variations in their areas of operation, Mabwe Minerals and TAG Minerals work well together, especially with Raptor Resources’ strategic partners:

•           WGB Kinsey & Company, a veteran mining and construction company in Zimbabwe that is in charge of handling the bulk of the subsidiaries’ operations;
•           Steinbock Minerals, an expert in the distribution, marketing, and sales of industrial minerals worldwide;
•           Yasheya Limited, a specialist in the shipment of industrial minerals globally; and
•           PHI Commodities, a grain importer that provides access and loading rights to a fleet of rail wagons supported by the National Railways of Zimbabwe’s non-stop express trains.

Moreover, TAG and Mabwe recently accomplished a major feat for Raptor Resources. In February 2014, TAG acquired the metal and mineral rights to 248 hectares (612 acres) of the Dodge Mine mountain range. Add that to Raptor Resources’ existing lease for 233 hectares via Mabwe Minerals and, together, Mabwe and TAG own the mineral and metal rights across the entire mountain range which stretches across 4.5 kilometers and totals 481 hectares (1188 acres) in size. The company had patiently, but eagerly, waited for the rest of the mountain range to become available since gravity mapping in 2012 established the continued flow of barite across the entire range. Given that Mabwe is in early-stage barite and limestone production on the east side of the range, TAG will focus on developing the gossan deposits on the west side.

For more information, visit the company’s website at www.mabweminerals.com

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