Mabwe Minerals Inc. (MBMI) Well-Positioned Barite Supplier in Growing Southeast Africa Oil Extraction, Broader Footprint Extremely Stable
Mabwe Minerals is developing premium quality API-grade (American Petroleum Institute) barite in Zimbabwe at their Dodge Mine site, which is riddled with multiple deposits of barite, as well as limestone and talc, in addition to featuring widespread gossan deposit occurrences that have been surface tested to contain copper, gold, lead, nickel, and zinc. MBMI's local affiliate, Mabwe Minerals Zimbabwe, owns 100% of the mineral rights for the Dodge Mine and with no other major sources for barite in the region, the company stands poised to execute a brilliant, geographically-enhanced production and distribution strategy for this increasingly sought after mineral. An…