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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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Jul 31, 2011 · Similarly, this should in turn enable Essar to acquire 53.40 percent of the New Zim Minerals earmarked to replace Buchwa Iron Mining Company (BIMCO), a Zisco subsidiary that owns the 45 billion tonnes of iron ore reserves which are in the eye of the new controversy along with three billion tonnes of limestone.

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