Mabwe Minerals Inc. (MBMI) Mining Fundamentals
Mining is a fundamental business; identify and determine market potential of a natural resource, locate and secure the rights to the resources, determine the costs of mining and exploiting the resources, establish a sales channel for the product, mine and refine the resources, then sell the resource for a profit. With the appropriate operating efficiencies and resource margins, mining and hard asset companies can produce great returns. Mabwe Minerals is just such a mining and natural resources company. The company has identified and determined exceptional market potential of their primary mining target, barite. Barite is a naturally occurring mineral in…