Iran mining
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Latin American States Vying for Mining Cooperation with Iran
EghtesadOnline; The Iranian Mines and Mining Industries Development and Renovation Organization is organizing a forum in Tehran on Monday to survey opportunities for cooperation between Iran…
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Iran Mineral Output Up 13%
EghtesadOnline: Major Iranian mining companies produced 28.02 million tons of mineral products during the one-month period ending April 20, indicating a 13% growth compared with last year’s similar…
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Mining Firm to Sell 16% Stake in May
EghtesadOnline: Mines and Metals Development and Investment Company, one of the largest mining holdings in Iran’s equity market, plans to put up a 16.1% stake of the firm for sale on May 9.
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Iran Mining Technology Confab in July
EghtesadOnline: The First Iran Mining Technology Conference is scheduled to be held by the Iranian Mines and Mining Industries Development and Renovation Organization in Tehran on July 11-12.…
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Mining Bank Proposed
EghtesadOnline: The head of Iran Mining House announced that the proposal for establishing a bank dedicated to the mining sector with a capital requirement of 6 trillion rials ($160 million)…
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Angouran Mining to Start in May
EghtesadOnline: Underground mining for zinc sulfide is scheduled to begin at Angouran Lead and Zinc Mine in the Iranian month of Khordad (starting May 22), the mine’s managing director Mansour…
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IMIDRO Elaborates on 4-Year Track Record
EghtesadOnline: As the head of Iranian Mines and Mining Industries Development and Renovation Organization, Mehdi Karbasian has been the face of the Iranian mining industry for the past few years.
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Mine, mining industry production exports reach $5.4b
EghtesadOnline: Value of exports in the sector of mine and mining industries in the first 10 months of the past Iranian year (ending on March 20) registered for 5.4 billion dollars, accounting…
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1.5b Tons of New Metal Reserves
EghtesadOnline: Over 1.5 billion tons of proven metal reserves have been discovered since President Hassan Rouhani took office in August 2013, deputy minister of industries, mining and trade…
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Iranian Private Consortium Signs $1b Lead-Zinc Deal
EghtesadOnline: A consortium of Iranian private companies has signed a deal worth $1 billion with the Iranian Mines and Mining Industries Development and Renovation Organization to develop one…
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Iran Mineral Production Tops 280m Tons
EghtesadOnline: Some 284 million tons of mineral products were produced in Iran during the 11 months to February 18, the Iranian Mines and Mining Industries Development and Renovation Organization’s…
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Iranian Mineral Trade Data Show $2.3b Surplus
EghtesadOnline: Iran exported more than 43.57 million tons of mineral products worth over $5.4 billion during the 10 months to Jan. 19, accounting for 15.3% of Iran’s total exports during the…
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$315m Needed to Develop Iran’s Lead, Zinc Industry
EghtesadOnline: The Iranian lead and zinc industry needs 12 trillion rials ($315.78 million) of investment for development, according to managing director of Iran Zinc Mines Development Company,…
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1.7b Tons of Mineral Reserves Discovered This Year
EghtesadOnline: Over 1.7 billion tons of mineral reserves have been discovered so far this year, the head of mineral explorations at the Ministry of Industries, Mining and Trade said.
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Finnish Official: Energy cooperation for Tehran, Helsinki
EghtesadOnline: Deputy Finnish Minister of Labor and Economy Petri Peltonen said that Iran and Finland have grounds for cooperation in the fields of mining and energy, as two important sectors…
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Iran, Serbia stress on mining, energy co-op
EghtesadOnline: Iran’s ambassaor in Belgrade Hossein Molla Abdollahi and Serbian Minister of Energy and Mining Aleksandar Antić underscored both countries’ interest in developing mining and energy…
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Rise in Coal Extraction, Concentrate Output
EghtesadOnline: Iran’s two major coal producers extracted 1.32 million tons of coal and produced 482,150 tons of coal concentrate during the 10 months to January 19, registering a 15% and 23%…
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Iron Ore Export Plan Sparks Backlash From IMIDRO
EghtesadOnline: Limiting iron ore exports will weaken the already struggling domestic miners and cause Iran to lose its foothold in established export markets, the head of Iranian Mines and Mining…
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Iran’s Mineral Output: 258m Tons in 10 Months
EghtesadOnline: Iran produced more than 258 million tons of mineral products during the 10 months to January 19, the Iranian Mines and Mining Industries Development and Renovation Organization's…
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Iran’s Steel Exports Top 4.4m Tons in 10 Months
EghtesadOnline: Iranian steelmakers exported more than 4.4 million tons of crude steel and steel products during the 10 months to January 19, registering a 45% growth compared with last year’s…
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Countrywide Exploration Projects Concluded
EghtesadOnline: Iranian Mines and Mining Industries Development and Renovation Organization has concluded the preliminary exploration of all 22 mineral zones it operates across the country, announced…
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Iron Ore Mining Slumps
EghtesadOnline: Of the 160-170 iron ore mines in Iran, only 20 are currently operational, a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture said.
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Iron Ore Mine’s Turf War With DOE
EghtesadOnline: Chadormalu Mining and Industrial Company’s iron ore reserves are expected to run out in a few years and the iron ore giant’s survival hinges on exploitation of new deposits.
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IMIDRO Seeks $3b Loan From NDFI
EghtesadOnline: The mining sector needs to borrow $3 billion from the National Development Fund of Iran for its development and growth, says the head of Iranian Mines and Mining Industries Development…
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Yazd Hosts Int’l Mining Expo
EghtesadOnline: The Second Yazd International Exhibition of Industries and Mines was inaugurated by Deputy Minister of Industries, Mining and Trade Mehdi Karbasian in Yazd Province on Thursday.…
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UK Firm Acquires Stake in Iranian Copper Mine
EghtesadOnline: British investment company Amedeo Resources announced on Thursday that it has acquired a 2.5% stake in Ganjine Kani Company for $500,000, a copper mining company close to the…
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Royalty Revenues for Mining Development
EghtesadOnline: Lawmakers voted on Thursday to allocate the government’s entire revenues from mining royalty and usufruct fees for the development of the infrastructure of large Iranian mines,…
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BMI: No Trump Effect on Mining Investments
EghtesadOnline: The government of US president-elect Donald Trump will have no significant impact on foreign investments into Iran’s mining sector, as any reinstatement of sanctions will, if…
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Min.: $8.5bn investment in industries, mines sector in 4 years
EghtesadOnline: Minister of Industries, Mines and Trade Mohammad-Reza Nematzadeh says more than 8.5 billion dollar investment has been attracted just in the industries and mines sector since…
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Iran 2025 Steel Target No Mirage
EghtesadOnline: The steel industry is one of the most strategic sectors of the Iranian economy, as it accounts for the bulk of the mining sector’s exports and revenue and is at the same time…