Mabwe Minerals Inc. (MBMI) Finding Superior-Grade Barite Central to Success
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…