The Oligocene Continental Terminal Formation of the Kandi Basin contains high grades of iron mineralization (~56.72% Total Fe). The microscopic study under the polarized and reflected light showed that the iron ore consists of silicate minerals (quartz 50% and zircon 1%) and non-silicate minerals (goethite 30%, hematite 7%, magnetite 3%, pyrite 1%, chalcopyrite 1%, blende 3%, galena 3%, scheelite 1% and gold 2%). The X-rays fluorescence shows that the iron ore is characterized by various elements, such as Fe2O3 (57.91% to 91.33%), SiO2 (3.07% to 33.19%), aluminum (2.94% to 7.74%), vanadium (0.04% to 0.11%), phosphorus (0.79% to 2.29%) and sulfur (<0.3%). The deleterious elements grade is above the permissible limit in metallurgy (0.05% - 0.07% for phosphorus and 0.1% for sulfur). Their high grades indicate that the Kandi Basin iron ore characteristics are not favorable for steel manufacturing despite its good vanadium contents (0.04% to 0.11%). However, it could be used for the cast iron manufacture. Spectrometric analysis by atomic absorption confirms the presence of low-grade gold associated to the iron ore (from 0.006 to 0.015 ppm). The comparative study of discontinuous stratiform iron ore of the Kandi Basin with other oolitic iron ores in exploitation from other countries such as Brazil, Australia, China, Russia, Uganda and the United States shows that iron ore of the Kandi Basin can be mined despite its high silica content.
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