Raptor Resources Holdings, Inc. (RRHI) Ramps Up Barite Production with an Eye on Other Minerals
Raptor Resources, in conjunction with its various subsidiaries and partners, is moving as quickly as it can in the development of its Dodge Mine project in Zimbabwe Africa. The site has been declared a “world class” deposit of the mineral barite, used heavily in the oil industry. Initial mining operations have already been started, with initial production and delivery forthcoming. Estimates are that the barite deposits alone could bring in many millions of dollars just in the short term, with buyers already waiting. Sometimes lost in the excitement over barite, however, is the fact that the site has also been…