Mabwe Minerals, subsidiary of Raptor Resources Holdings Inc. (OTCQB: RRHI), has a business model centered on logistics coordination, mining, and commercial sales of industrial minerals and metals. In concerted efforts with TAG Minerals, Raptor Resources’ other subsidiary, Mabwe, is busy developing Dodge Mine.
Located in Shamva, Zimbabwe, the Dodge Mine has pockets of hydrothermal mountains that hold multiple deposits of superior-grade barite, limestone, and talc. Many of the barite deposits are considered world class in quality due to their high percentage content of barium sulfate (BaSO4) with a specific gravity of 4.5 g/cm3. Barite has applications in the automotive, medical diagnosis, and paint additive industries, but it is of the greatest value to the oil and gas production industry. As a well is drilled, the bit passes through various formations, each with different characteristics. The deeper the hole, the more barite is needed as a percentage of the total mud mix. Additionally beneficial, barite is non-magnetic and therefore does not interfere with magnetic measurements taken in the borehole.
At the Dodge Mine project, MBMI depends on several partners for mining, transporting, and distributing recovered commodities. The company has put together a network of industry alliances to create a turnkey organization for bringing the Dodge Mine’s large amounts of recoverable barite deposits to market.
WGB Kinsey & Company, in which Mabwe Minerals’ Zimbabwe affiliate owns a 25 percent stake, manages all aspects of the Dodge Mine, including: production; workforce supervision and expansion; health, safety, and environmental standards compliance; and transportation and station transfer of barite to the Shamva Rail Depot. WGB Kinsey uses over 58 years of experience in mining operations – a much needed asset at Dodge Mine.
Strategic partnering plays a vital role in the company’s success. Yasheya Limited handles Mabwe Minerals’ shipping and delivery utilizing over twenty years of industrial mining logistics know-how. Yasheya has shipped over 30 million tons of commodities worldwide.
PHI Commodities, the largest grain importer to Harare, Zimbabwe out of the Port of Beira, Mozambique, Mabwe Minerals has secured the exclusive rail wagon load rights from the Shamva Rail Depot direct to the port utilizing PHI Commodities’ fleet of express train systems.
For more information, visit: www.mabweminerals.com
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