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    He also served as the Deputy Chair of the Board of the largest ironore mine, in Zimbabwe, Buchwa Iron Mining Company. ZISCO and Buchwa employed 3500 people at the time and had a production capacity of 40 000 tones of steel per month.

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    Buchwa is an Iron Ore Mine in Zimbabwe owned by Essar Group. General: Essar acquired the mine through a large investment in Zisco, the stateowned iron and steel company. For more data on production, status, ownership, capex and other categories, see the data section:

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    Iron ore was mined at Buchwa and Ripple Creek where measured reserves are estimated at 20 million and 70 million tonnes respectively and iron contents of the two deposits are 61 percent (Buchwa) and 54 percent (Ripple Creek).

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    Jul 31, 2011· ZIMBABWE – HARARE – CONTROVERSY is brewing over the ZiscoEssar deal amid allegations that Industry and Commerce Minister Welshman Ncube pushed through the deal without proper due diligence and allowed Essar to unfairly own 80 percent of 45 billion tonnes of iron ore reserves (or 33 billion tonnes) from Buchwa Iron Mining Company (BIMCO), a subsidiary of Zisco.

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    The researcher used Buchwa Iron Mining Company (BIMCO) is entirely owned subsidiary of the Zimbabwe Iron and. Govt ready to parcel out iron ore concessions The Herald Dec 15, 2016 It is estimated that Zimbabwe has 30 billion tonnes of iron ore reserves, with the bulk of the concessions held by the Government through Buchwa Iron Mining Company.

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  • Govt ready to parcel out iron ore concessions | The Herald

    It is estimated that Zimbabwe has 30 billion tonnes of iron ore reserves, with the bulk of the concessions held by the Government through Buchwa Iron Mining Company.

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