Raptor Resources is focused on mineral resource acquisition, exploration and development, leveraging strategic partnerships and a solid business plan to achieve short-term and long-term stability. The company's overarching goal is to grow organically as well as through the acquisition of high-value mining and mineral assets.
Fulfillment of this goal centers on the continued advances of the company's two subsidiaries: Mabwe Minerals Inc. (OTCQB: MBMI), a natural resources and hard asset company engaged in the mining and commercial sales of industrial minerals and metals with first focus on barite; and TAG Minerals, a mineral and metal resource acquisition, exploration and development company targeting viable hard assets, seasoned mining companies along with developing greenfield resources aimed at gold and other minerals and metals.
Mabwe Minerals is currently channeling resources to its Dodge Mine Project located in the southern rage of the Shamva Gold Belt in Zimbabwe, Africa. The subsidiary recently received a second purchase order for 10,000 metric tons of barite, bringing the total tonnage purchased in the fourth quarter of 2013 to 12,000 metric tons, exceeding earlier estimates. In recent months, Mabwe has established significant partnerships to assist with logistics, commercial sale and delivery of barite and other minerals.
TAG Minerals' operations are conducted through its privately held Zimbabwe affiliate, TAG Minerals Zimbabwe (TAG-Z). The company has stated in previous letters to their shareholders, with Dodge Mine moving into commercial barite and limestone production, resources would be directed into growing the asset base of TAG Minerals heading into early 2014.
Moving into the New Year, Raptor Resources plans to continue to advance the operations of its subsidiaries, collaborating with business partner WGB Kinsey & Company, a mining and construction company indigenous to Zimbabwe. The company is armed with the experience and equipment to carry out full mining operations at Dodge Mine.
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