The business activities of Mabwe Minerals, subsidiary of Raptor Resources Holdings Inc. (OTCQB: RRHI), revolve around mining, logistics coordination and commercial sales of industrial minerals and metals. In tandem with TAG Minerals, a partially owned subsidiary, Mabwe Minerals is occupied with developing Dodge Mine located in Shamva, Zimbabwe.
Dodge Mine is known for its hydrothermal mountains that hold multiple deposits of superior-grade barite, limestone, and talc. Its world class quality barite deposits are significant due to their high percentage content of barium sulfate (BaSO4) with a specific gravity of 4.5 g/cm3. 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. As a well is drilled, the bit passes through various formations, each with different characteristics. The deeper the hole, the more barite is needed as a percentage of the total mud mix. Additionally beneficial, barite is non-magnetic and therefore does not interfere with magnetic measurements taken in the borehole.
MBMI works with several partners for mining, transporting, and distributing recovered commodities. The company has assembled a network of industry alliances to create a 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 has a 25 percent ownership share, manages Dodge Mine’s production, workforce supervision and expansion, safety, health, environmental compliance issues and station transfer of barite to the Shamva Rail Depot. WGB Kinsey advances over 58 years of experience in mining operations.
For more information, visit: www.mabweminerals.com
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