Iranian Mines and Mining Industries Development and Renovation Organization will have invested $3 billion in Iran's mining sector by the end of the current fiscal year (March 19, 2020), the chairman of the organization said.
“A total of 6,000 new jobs will be created as a result,” Khodadad Gharibpour added.
According to the official, IMIDRO started mineral exploration in the fiscal 2014-15 over an area of 240,000 hectares, which was later expanded to cover 270,000 hectares.
"Noticeable reserves of iron ore, coal, gold, etc. have been discovered," he was quoted as saying by IRNA.
June 19, 2019 17:57
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Mining Investment in Iran to Reach $3 Billion by March 2020
The mining sector needs further exploration to move forward and this has been accepted by the government and the parliament
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