Raptor
Resources is a fully reporting holdings company strategizing to achieve growth
through mineral resource acquisition, exploration and development in Zimbabwe.
This strategy revolves around the company’s two subsidiaries, Mabwe Minerals,
Inc. (OTCQB: MBMI) and TAG Minerals, Inc., which are focused on different
segments of the broader mining industry.
Mabwe
Minerals primarily operates the Dodge Mine in Zimbabwe, where it is focused on
the logistics, mining and commercial sale of barite and other minerals. The
Doge Mine is located on a rich hydrothermal mountain range bearing
superior-grade barite (API-grate, 95-98%), limestone and talc. Mabwe Minerals
currently has a 3 million barite supplier agreement company with Baker Hughes.
TAG
Minerals in April acquired 100% of the Derbyshire Stone Quarry in Zimbabwe and
has designated operation of the quarry to WGB Kinsey & Company, which has
59 years of experience in the construction and mining sectors. For the
full-year ended 2014, Derbyshire achieved unaudited revenues of $2.9 million,
an increase of 32% compared to the prior year. TAG’s Raptor Mine project is in
early-stage development targeting nickel and copper. This project is also
managed by WGB Kinsey & Company.
With
this two-pronged approach to the mining industry, Raptor Resources has created
several channels through which it can achieve its goals to commercialize
various industrial minerals and metals at the Dodge and Raptor mines as well as
in mining opportunities like the Derbyshire Stone Quarry.
For
more information, visit www.raptorresourcesholdings.com
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