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  • Raptor Resources Holdings Inc. (RRHI) Working With WGB Kinsey & Co. On Major Barite Project 0 comments
    Jul 12, 2013 2:37 PM | about stocks: RRHI

    Raptor Resources, a U.S. based mineral resource acquisition, exploration, and development company currently focused on active projects in Zimbabwe Africa, depends upon a number of partnerships and subsidiaries to efficiently handle distant projects. These companies are experienced and familiar with both the mining industry and the region.

    One of Raptor's key relationships is with their minority-owned partner, WGB Kinsey & Company, a 4th generation mining and construction company in Zimbabwe since 1955. Kinsey is one of Zimbabwe's most experienced mining and construction companies, with both open pit and open cast mining experience ranging from chrome to platinum to gold. They own an impressive fleet of articulated dump trucks, front-end wheeled loaders, excavators, dozers, and graders. But Kinsey's long-established reputation goes well beyond equipment.

    Over the years, Kinsey has developed a unique system that helps them efficiently monitor resources and better manage on-site activities, in addition to strengthening cost control, safety, and environmental oversight. They have long-standing connections with major equipment suppliers, such as Caterpillar, and have the ability to continually upgrade their fleet. In addition, they hold a large store of other supplies and necessities that ensure continuous operation. They know how to keep projects running smoothly and on time.

    Kinsey is managing all operations of Raptor's Dodge mining project, working closely with Raptor's subsidiary Mabwe Minerals, another key Raptor relationship. The Dodge project is a very important and active development for Raptor, representing what is now being called a world class deposit of barite (BaSO4), an important mineral used throughout the world in the oil and gas industry. The company already has a major buyer for barite output, looking for a total of 3 million metric tons of barite over the next 13.5 years, valued at hundreds of millions of dollars.

    For more information on Raptor Resources, visit raptorresourcesholdings.com

    Please see disclaimer on the QualityStocks website: disclaimer.qualitystocks.net

    Stocks: RRHI
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