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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