Mabwe
Minerals, a subsidiary of Raptor Resources Holdings, finds its endeavors
focused on mining and selling barite and various other minerals in today’s
marketplace. Dodge Mine at Shamva, Zimbabwe is where the company is fully
engaged in production operations. Positioned on a hydrothermal mountain range
bearing superior-grade barite, the mine also has a wealth of limestone and
talc.
The
property comprises 2.33 million square meters spanning across several mountain
ranges. Gravity mapping of the mine uncovers vast barite, limestone and talc
deposits across the project along with considerable gossan deposits indicating
the likelihood of copper, zinc, nickel and gold. Gossan is recognized as a
rust-colored deposit of mineral matter at the offshoot of a vein containing
iron-bearing materials.
Dodge
Mine’s barite is considered by many as being world-class in its composition.
Its white barite samples attained a score of 97.25% pure barium sulfate
(BaSO4). Its pink and brown barite samples scored 95.5%. The mine’s world-class
barite allows for a wide range of marketable opportunities, including the
market’s demand for weighting agents used during oil and gas drilling to
prevent well blowouts and shaft collapses. Other barite applications show
promise for being used as an automotive, medical diagnostic, heavy concrete and
paint pigment component.
Leveraging
partnerships, Mabwe Minerals gains access to customers who are willing to pay a
premium for higher grade barite. Further, the company is well positioned to
support an expanding customer base and several growing user groups including
Europe and the Middle East. The company has also gained a market foothold with
the growing demands of the oil and gas sector off the Mozambique and South
Africa coast.
The
company’s executive team is headed by Al Pietrangelo, President and Chief
Executive Officer. Mr. Pietrangelo has served as the President and Chief
Executive Officer of Raptor Resources Holdings Inc. since 2011. He held the
same titles with TAG Minerals Inc. since 2010 and Mabwe Minerals Inc. since
2012. Mr. Pietrangelo has a Bachelor of Science degree in Business
Administration from the University of South Florida.
For more
information, visit www.mabweminerals.com
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