Mabwe Minerals Inc. (MBMI) Is “One to Watch”
Mabwe Minerals Inc., a subsidiary of Raptor Resources Holdings Inc. (RRHI), is a U.S. based natural resources company, currently focused on the development of barite deposits in Zimbabwe, southern Africa, through its Zimbabwe affiliate, Mabwe Mineral Zimbabwe (Private) Limited. Barite (barium sulfate) is used primarily in the oil industry as a weighting agent in special muds that are circulated into and out of drill holes to remove the cuttings. With its affiliate, the company owns 100% of the mineral and metal rights to the Dodge Mine property in northeast Zimbabwe, which consists of three hydrothermal mountains covering approximately 303 acres,…