Mabwe Minerals Inc. (MBMI) Network of Partnerships Solidifies Footing in Zimbabwe
August 19, 2014 (Investorideas.com Mining stocks newswire) Mabwe Minerals, a subsidiary of publicly traded Raptor Resources Holdings, is a hard assets company focused on mining and commercial sales primarily of barite and limestone. Operations are anchored to its Dodge Mine Project in Zimbabwe, Africa, where the company has established a core group of partners to provide cost-effective and dependable support for logistics and related aspects.
Dodge Mine, which is in the early stage commercial production of barite and limestone, represents nearly 576 acres of hydrothermal-based deposits of barite, limestone and talc. The property is also known for widespread occurrences of gossan deposits indicating the presence of gold, zinc, copper, lead and nickel.
Barite is a highly valued mineral to the oil and gas drilling market where it is used to prevent well blowouts. Barite also has numerous applications in the paint, automotive and medical sectors. Limestone is the key ingredient in Portland cement and has applications in road/foundation aggregates, agricultural and feedstock.
To assist with the distribution, sales and delivery of barite out of the Port of Beira, Mozambique, Mabwe has established a working relationship with Steinbock Minerals, Yasheya Ltd. and WGB Kinsey & Company.
Steinbock Minerals has first-hand experience in mining and immediate access to an established network of customers throughout Europe and the Middle-East. The company is widely known as a specialist when it comes to the global distribution, marketing and sales of a variety of industrial minerals.
With more than 20 years of experience in industrial mineral logistics, Yasheya Limited has shipped more than 30 million tons worldwide. The company utilizes a broad array of multimodal platforms providing true door-to-door services as well as customized INPLAN and Minerals Management tracking software.
All Dodge Mine operations are managed by one of Zimbabwe's most experienced mining and construction companies, WGB Kinsey & Company, which has more than 60 years of experience and a strong fleet of mining equipment that accelerates development and production of operations.
Collectively, these strategic partnerships contribute to Mabwe's corporate vision of building a reputation as a reliable and strong source of high-quality barite and limestone.
For more information visit www.mabweminerals.com
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