Mabwe Minerals Inc. (MBMI) Establishes Foothold in Barite Mining
Mabwe Minerals, a subsidiary of Raptor Resources Holdings (OTCQB: RRHI), is focused on the logistics, mining, and sale of barite and other industrial minerals and metals in Zimbabwe. The company’s main operations are at Dodge Mine in Shamva, Zimbabwe. Through affiliate Mabwe Minerals Zimbabwe, the company owns all of the metal and mining rights to the mine, which, according to gravity mapping data, holds massive deposits of high quality barite, limestone and talc, and possibly copper, zinc, nickel, and gold as well. The commercial uses for barite are wide and varied, with noted applications in the oil and gas, medical…