Thursday, June 19, 2014

Mabwe Minerals Inc. (MBMI) Unearths Valuable Mining Opportunities with Alliance of Strategic Partners

Mabwe Minerals, subsidiary of Raptor Resources Holdings, focuses on mining, logistics coordination, and commercial sales of industrial minerals and metals. In tandem with Raptor Resources’ other subsidiary, TAG Minerals, Mabwe Minerals is engaging in development of the Dodge Mine.

Located in Shamva, Zimbabwe, the Dodge Mine consists of a series of hydrothermal mountains that hold multiple deposits of superior-grade barite, limestone, and talc. Many of the barite deposits are considered world class in quality due to their high percentage content of barium sulfate (BaSO4) with a specific gravity of 4.5 g/cm3. Gravity mapping in recent years confirmed a continuous flow of barite throughout the mountain range. Barite has applications in the automotive, medical diagnosis, and paint additive industries, but it is of the greatest value to the oil and gas production industry, where it is tapped for a widely-used safety application in production efforts.

Earlier this year, TAG Minerals acquired additional mineral and metal rights for the Dodge Mine mountain range, which added an additional 248 hectares (612 acres) to Raptor Resources’ existing claim lease of 233 hectares. As a result, Mabwe Minerals and TAG Minerals hold all mineral and metal rights for the entire Dodge Mine mountain range, representing 481 hectares (1188 acres) spanning 4.5 kilometers.

At the Dodge Mine project, Mabwe Minerals depends upon multiple partners for mining, transporting, and distributing recovered commodities. To this end, Mabwe Minerals has assembled a network of strategic industry alliances for a one-stop, turnkey organization for bringing the Dodge Mine’s large amounts of recoverable barite deposits to market.

WGB Kinsey & Company, in which Mabwe Minerals’ Zimbabwe affiliate owns a 25 percent stake, manages all aspects of the Dodge Mine, including: production; workforce supervision and expansion; health, safety, and environmental standards compliance; and transportation and station transfer of barite to the Shamva Rail Depot, located 17 kilometers away from the Dodge Mine. WGB Kinsey holds more than 58 years of experience in mining operations that the Dodge Mine requires.

As a specialist in global distribution and sales of barite, Steinbock Minerals connects Mabwe Minerals to an established network of barite customers. Steinbock Minerals also assists WGB Kinsey with procurement of customized mining equipment and technology for optimized production.

Strategic partner Yasheya Limited functions as Mabwe Minerals’ shipping and delivery arm. Yashyesha Limited has over two decades of industrial mining logistics experience, and it has shipped over 30 million tons of commodities worldwide.

Through strategic partner PHI Commodities, the largest grain importer to Harare, Zimbabwe out of the Port of Beira, Mozambique, Mabwe Minerals has secured the exclusive rail wagon load rights from the Shamva Rail Depot direct to the port utilizing PHI Commodities’ fleet of express train systems. Mabwe Minerals’ ties to PHI Commodities have given it the opportunity to form alliances with a couple of key organizations, the National Railways of Zimbabwe (NRZ) and the Mozambique Railway Authorities (CFM), which own the Port of Beira and Cornelder, the port’s leaseholder. For increased convenience in logistics, Mabwe Minerals, with the help of the NRZ, has access to the primary rail transfer yard at the Shamva Rail Depot.

Mabwe Minerals leverages this alliance of strategic partnerships to strengthen its regional and global competitiveness, as it brings forth industrial-grade barite to supplement growing regional demand and meet worldwide barite shortages.

For more information, visit: www.mabweminerals.com

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