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Location: 17 km NE from Margao, India
Codli Mine, PO Kirlapale, DabalSanguemIndia403727
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July 30 2024 Indian metals-to-oil conglomerate Vedanta said it got approval from the majority of its secured creditors for the demerger of the company into six independent companies.
At the Codli mines, the lower grade iron formation is folded and subsequently eroded into basinal areas amenable to open-pit mining. Economically mineable material occurs over an area of about 3.1 km by 1.6 km and is located between 84 metres above sea level and 50 metres below sea level. The formations show a general northwest-southeast trend with shallow to moderate dips towards the northeast with local reversals. The footwall is comprised manganiferous clay and decomposed quartzites and the stratigraphy of the ore body is cross cut by late dolerite dykes and sills which are manifested by pink clayey zones in the mine area.
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