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Zimbabwe has huge iron ore deposits associated with banded ironstone formations in greenstone belts. Major deposits are estimated to be over 30 billion tonnes of reserves. Deposits with high-grade ore are found in Buchwa and Ripple Creek. Significant ironstone deposits include the huge Mwanesi deposit west of Chivhu and Nyuni near Masvingo.
In 2000, Ziscosteel operated without a fully constituted board. Its blast furnaces were no longer functional while its plants and equipment was now obsolete. As of early 2008, the company was producing less than 12,500 tonnes, far below the break-even capacity of 25,000 tonnes. By 2010, it could hardly pay its depleted workforce. It has been claimed that more than 200 former workers have died since 2011 because they were unable to pay for medicine or hospital treatment.
HARARE (Reuters) China’s Tsingshan Holding Group is set to start developing an iron ore mine and a carbon steel plant in Zimbabwe from May, the African country’s information minister said late on Tuesday, three years after the firm first announced the investment deal.
It gets raw materials (such as iron ore) from Ripple Creek mine which is about 14 kilometers from ZISCO. Up to 70 million tonnes can be mined. Up to 200 million tonnes of limestone can be found on an open cast mine which is a few meters from ZISCO. Zimbabwe also has reserves of up to 22 billion tonnes of coal. References
Introduction One of the major sources of revenue in Zimbabwe is the mining sector (Munowenyu, 1996). The country has over forty minerals which include: gold, diamonds, platinum, chrome, asbestos, coal and iron ore. Mining operations date back to the colonial era.
•Mining of ores with high friability is a challenge because of screening involved since the fines and lumpy ores are transported and consumed separately. •Most operating furnace in Zimbabwe do not take fines as feed due to the dangers of furnace erruptions. •Significant capital outlay is required by ferrochrome