The officials of Iran and Australia held a meeting in Tehran on Saturday to discuss the expansion of mining cooperation between the two countries.
Iran currently has 1,000 promising gold prospects which are soon expected to help the precious metal play a role as significant as that of steel in the country’s mining.
The sector holds a key advantage over the oil industry: It is much harder to sanction the mining industry because of its immense diversity.
IMIDRO plans to complete and open projects worth $2.2 billion in the domestic mining sector by the end of the current Iranian calendar year (March 2021) in cooperation with the private companies.
The Iranian mining sector has seen a significant surge in investment for new projects, a sign the country is intent on taking benefit of its massive mineral reserves.
Multiple supercomputers across Europe have been infected this week with cryptocurrency mining malware.
Iran approved 82 projects worth $854 million in the previous Iranian calendar year, ending March 19, for implementation in domestic industrial, mining and trade sectors with foreign investments.
A senior official in Iran said on Sunday that the value of exports for main copper products reached more than $1 billion over the past year.
Iran’s exports of minerals rose 15 percent in the first five months of the current Iranian calendar year (March 21-August 21) compared to the same period last year. The value of exported minerals stood at about $5 billion in the mentioned time span, IRNA reported quoting Jafar Sarqini, deputy industry, mining and trade minister as […]
Some 110 trillion rials (nearly $2.6 billion) worth of mining projects are scheduled to be inaugurated by the end of the current Iranian calendar year (March 20, 2019). The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has already completed $2.2 billion worth of mining projects during the previous Iranian calendar year (March […]