Gov’t Collects Over $100m in Mining Royalties

EghtesadOnline: The government earned more than 4.72 trillion rials (over $109 million) in mining royalties–a percentage of miner’s sales profit–during the first seven months of the current Iranian year (March 21-Oct. 22).

News ID: ۷۸۱۰۱۹

14 January 2018

This indicates a 215% upsurge compared to the earning in last year’s similar period, latest data released by the Ministry of Industries, Mining and Trade show. More than half of the royalties were collected from miners in Kerman Province, IRNA reported.