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RRHI Stone Quarry Acquisition Aligns with Broader Gov’t Initiatives
Raptor Resources Holdings operates through its strategic mineral and metal resources subsidiaries and a network of key partnerships to achieve growth organically and through the acquisition of seasoned mining and mineral assets.
Most recently, Raptor’s Zimbabwe affiliate, TAG Minerals Zimbabwe Ltd., acquired the largest indigenous sand and stone quarry in the Harare area. The Derbyshire Stone Quarry is located in a prime residential growth zone within close proximity to major road projects, bringing considerable value to Raptor’s project portfolio.
Derbyshire is an established mining company managed by mining operator and Raptor’s strategic partner, WGB Kinsey & Company. Production products include 10mm stone, 20mm stone, quarry dust, crusher run, river sand (washed), pit sand, and decomposed granite, which the company will deliver anywhere in the Harare area.
Under WGB Kinsey’s management, which has 59 years of experience in the construction and mining sectors, Derbyshire is armed with improved inventory management and says it is aggressively seeking corporate clients to prepare for an expected uptick in road construction demand over the course of the next year.
“Zimbabwe’s location in southern Africa makes it an important transit point in regional transport systems making it even more important for the country to maintain reliable transport networks. Thus Zimbabwe being land locked, it is important that we put in place policies that promote investment in transport infrastructure and services across the main modes of transport that include road, air, rail and inland, water and pipeline to guarantee the smooth movement of goods, services and people,” says Zimbabwe’s Ministry of Transport and Infrastructural Development website.
Roads in Zimbabwe are either classified as earth, gravel or surface. Surface roads account for the majority of total kilometers, and as the country moves forward in its mission to construct and maintain world class standard road infrastructure, Derbyshire is positioned as a supplier of needed resources.
For more information, visit www.raptorresourcesholdings.com
