Mabwe Minerals, a subsidiary of Raptor Resources Holdings, finds its endeavors focused on mining and selling barite and various other minerals in today’s marketplace. Dodge Mine at Shamva, Zimbabwe is where the company is fully engaged in production operations. Positioned on a hydrothermal mountain range bearing superior-grade barite, the mine also has a wealth of limestone and talc.
The property comprises 2.33 million square meters spanning across several mountain ranges. Gravity mapping of the mine uncovers vast barite, limestone and talc deposits across the project along with considerable gossan deposits indicating the likelihood of copper, zinc, nickel and gold. Gossan is recognized as a rust-colored deposit of mineral matter at the offshoot of a vein containing iron-bearing materials.
Dodge Mine’s barite is considered by many as being world-class in its composition. Its white barite samples attained a score of 97.25% pure barium sulfate (BaSO4). Its pink and brown barite samples scored 95.5%. The mine’s world-class barite allows for a wide range of marketable opportunities, including the market’s demand for weighting agents used during oil and gas drilling to prevent well blowouts and shaft collapses. Other barite applications show promise for being used as an automotive, medical diagnostic, heavy concrete and paint pigment component.
Leveraging partnerships, Mabwe Minerals gains access to customers who are willing to pay a premium for higher grade barite. Further, the company is well positioned to support an expanding customer base and several growing user groups including Europe and the Middle East. The company has also gained a market foothold with the growing demands of the oil and gas sector off the Mozambique and South Africa coast.
The company’s executive team is headed by Al Pietrangelo, President and Chief Executive Officer. Mr. Pietrangelo has served as the President and Chief Executive Officer of Raptor Resources Holdings Inc. since 2011. He held the same titles with TAG Minerals Inc. since 2010 and Mabwe Minerals Inc. since 2012. Mr. Pietrangelo has a Bachelor of Science degree in Business Administration from the University of South Florida.
For more information, visit www.mabweminerals.com
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