Mabwe Minerals, Inc. (MBMI) New Purchase Order Brings Total Orders above Previous Estimates
Mabwe Minerals, a U.S.-based natural resources and hard asset company primarily engaged in the mining, logistics, and commercial sales of barite, reports that its Zimbabwe affiliate, Mabwe Minerals Zimbabwe (Private) Ltd., has been issued a second purchase order for 10,000 metric tons. This new order brings the total tonnage purchased this quarter to 12,000 metric tons, topping earlier estimates. Mabwe’s distribution partner, Steinbock Minerals, completed its third visit in early December. WGB Kinsey & Company, the Zimbabwe-based company responsible for managing all aspects of Mabwe’s Dodge Mine project in Zimbabwe, is working with all parties to implement processes and procedures…