Raptor Resources Holding Inc. (RRHI) – Subsidiary Strategy at a Glance
August 26, 2014 (Investorideas.com Mining stocks newswire) Raptor Resources is a fully reporting holdings company strategizing to achieve growth through mineral resource acquisition, exploration and development in Zimbabwe. This strategy revolves around the company’s two subsidiaries, Mabwe Minerals, Inc. (OTCQB: MBMI) and TAG Minerals, Inc., which are focused on different segments of the broader mining industry.
Mabwe Minerals primarily operates the Dodge Mine in Zimbabwe, where it is focused on the logistics, mining and commercial sale of barite and other minerals. The Doge Mine is located on a rich hydrothermal mountain range bearing superior-grade barite (API-grate, 95-98%), limestone and talc. Mabwe Minerals currently has a 3 million barite supplier agreement company with Baker Hughes.
TAG Minerals in April acquired 100% of the Derbyshire Stone Quarry in Zimbabwe and has designated operation of the quarry to WGB Kinsey & Company, which has 59 years of experience in the construction and mining sectors. For the full-year ended 2014, Derbyshire achieved unaudited revenues of $2.9 million, an increase of 32% compared to the prior year. TAG’s Raptor Mine project is in early-stage development targeting nickel and copper. This project is also managed by WGB Kinsey & Company.
With this two-pronged approach to the mining industry, Raptor Resources has created several channels through which it can achieve its goals to commercialize various industrial minerals and metals at the Dodge and Raptor mines as well as in mining opportunities like the Derbyshire Stone Quarry.
For more information, visit www.raptorresourcesholdings.com
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
Sign up for "The QualityStocks Daily Newsletter" at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks "Ones to Watch" http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
This news is published on the Investorideas.com Newswire and its syndicated partner network
Get free news alerts:
Sign up here
Published at the Investorideas.com Newswire - Big ideas for Global Investors
Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news as well as creates original content as a news source. Original content created by investor ideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and global syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions and advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers.
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.