Scottsdale 10/5/2013 3:00:00 AM
Mabwe Minerals (MBMI) Launches New Website, Publishes Video and Shareholder Newsletter
QualityStocks would like to highlight Mabwe Minerals Inc. (OTCQB: MBMI), a U.S. based natural resources and hard asset company focused on the mining, logistics, and commercial sales of industrial minerals and metals, with a particular emphasis on barite. The company's operations are conducted through its Zimbabwe affiliate, Mabwe Mineral Zimbabwe (Private) Ltd. Transitioning into commercial production, MBMI's company fundamentals are well positioned with virtually no debt and key strategic partnerships in place.
In the company’s news,
Mabwe Minerals announced that it has launched its new website, www.mabweminerals.com. The website features the first video of its Dodge Mine property and the first edition of the MabweMessage Newsletter, in addition to in-depth information on the company and its Dodge Mine project.
The video on the new Mabwe website chronologically tracks the developments at the Dodge Mine property. The video can be seen at www.mabweminerals.com/media/videos.
The MabweMessage Newsletter, with the first edition accessible at http://dtg.fm/mabwemessage-1, is being published on a regular basis to keep shareholders abreast of the ongoing developments at Dodge Mine. MBMI Zimbabwe affiliate, Mabwe Minerals Zimbabwe (Private) Limited, has now established different grades of barite types to address the multiple market applications, from the API-grade barite that supports the oil & gas drilling sector to the bright white barite that supports the paint industry.
As part of the lot qualification process, Mabwe-Z will send bi-weekly lots of barite, sorted by grade type, to multiple test labs under the supervision of Steinbock Minerals. The accumulation of multiple lots of test data will be used to set specification sheets for the different grades of barite. Lot qualification will commence once the specification sheets are completed during the fourth quarter of 2013.
Tapiwa Gurupira, Director of Mabwe-Z, commented, “We are so pleased to witness the superior work being performed by WGB Kinsey & Company as they continue to expand employee housing, management offices, roadways and all related tasks associated with building long-term infrastructure at Dodge Mine. The company is even more excited to see WGB Kinsey & Company actively mining barite. Mabwe-Z looks forward to their first shipment, as it continues developing the barite specification sheets in order to commence barite lot qualification during the fourth quarter 2013.”
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
