Upsurge in Mouteh Gold Output

Mouteh Gold Mine produced 45 kilograms of gold bars during the nine months to December 20, registering a 35.5% growth compared with last year’s corresponding period, announced the mine’s managing director, Alireza Talari. Iran’s first exploited deposit of the precious mineral, Mouteh Gold Mine, is located in Meymeh County in Isfahan Province. It holds 1.2 million tons of proven gold reserves with a grade of 4 grams per ton. According to Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh, Iran’s annual 2.5-ton gold output accounts for 1.5% of the world’s total gold production, Iranian Mines and Mining Industries Development and Renovation Organization reported on its news portal.