ZIMBABWE Mining and Smelting Company (Zimasco) Shurugwi division has reportedly downsized its workforce from approximately 1 500 to 56 employees, as the chrome giant faces mounting economic challenges.

ZIMBABWE Mining and Smelting Company (Zimasco) Shurugwi division has reportedly downsized its workforce from approximately 1 500 to 56 employees, as the chrome giant faces mounting economic challenges.

Government has denied the country’s two largest ferrochrome producers — Zimbabwe Alloys (ZimAlloys) and Zimbabwe Mining and Smelting Company (Zimasco) — permission to export raw chrome as part of its measures to force the two players to cede part of their c...

Industry officials will love to believe the worst is over for the ferroalloys industry and prices of intermediate products that go into adding strength and rust proofing of carbon, alloy and stainless steel, have bottomed out. Crystal gazing into commodity pri...

WHEN the ban on chrome ore exports was said to have been lifted in June, miners along the Great Dyke thought their woes would soon be over. But the joy was short-lived as companies such as the Zimbabwe Iron and Smelting Company (Zimasco) and Zimbabwe Alloys...

Zimbabwe‘s largest ferrochrome producer, Zimasco has started scouting for a private company to process 40 000 metric tonnes of chrome ore fines currently stockpiled at its Kwekwe smelter plant.

In 1994, Vishambhar Saran took everyone by surprise when he quit Tata Steel after a 25-year stint. He was director of raw materials then. VISA Industries (later renamed VISA Steel) was set up. The big leap for Saran came in 2003 when the company signed a memor...

A deal to import 300MW from South Africa’s power utility Eskom is being finalised as government seeks to augment Zimbabwe’s dwindling power supplies, businessdigest has established.