Mabwe Minerals, operating as a subsidiary of Raptor Resources Holdings Inc. (OTCQB: RRHI), has its business activities entrenched in mining, logistics coordination and commercial sales of industrial minerals and metals. Strategically aligned with another Raptor subsidiary, TAG Minerals, Mabwe’s current focus is aimed at developing Dodge Mine located in Shamva, Zimbabwe, approximately 62 kilometers northeast of the country’s capital, Harare.
Dodge Mine’s resources are attractive due to its hydrothermal mountains known to be rich in deposits of superior-grade barite, limestone, and talc. Its world-class quality barite deposits are valuable due to their high content of barium sulfate (BaSO4) with a specific gravity of 4.5 g/cm3. Applications for barite are numerous. The automotive, medical diagnosis, and paint additive industries all make use of the mineral, but its greatest value resides in the oil and gas production industry. For example, when wells are drilled, the bit passes through a variety of formations – each possessing unique characteristics. The deeper the well, the higher percentage of barite is needed in the mud mix to prevent blow outs. Also beneficial is the fact that barite is non-magnetic and does not interfere with measurements taken in the borehole.
From a mining production efficiency standpoint, Mabwe Minerals uses customized equipment, developed by their strategic partners for yielding high percentages of salvageable barite as the company tracks existing barite veins. Barite types include bright-white, chemical, industrial and API grades.
MBMI works with several partners in its mining, transporting, and distributing recovered commodities operations. The company has assembled a network of industry alliances to create a turnkey organization for bringing the Dodge Mine’s recoverable barite deposits to market.
WGB Kinsey & Company, Mabwe Minerals’ Zimbabwe affiliate, having 25 percent ownership share, oversees and manages Dodge Mine’s production, expansion, workforce supervision, safety, health, environmental compliance issues and transfer of barite to the Shamva Rail Depot. MBMI is in experienced hands with WGB Kinsey as its tenure in the mining business began 58 years ago.
For more information, visit: www.MabweMinerals.com
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