13520
SCI: 5,300  Mines Active
Economy, Business And Markets

SCI: 5,300 Mines Active

A report by the Statistical Center of Iran indicates that the number of operational mines in the country increased by 2.4% in the outgoing Iranian calendar year (ends March 20) compared to the previous year, ISNA reported on Tuesday.
According to the report, about 130 mines were added to the list of active mines during the year.
Currently, there are more than 5,300 active mines in the country, which employ 94,640 workers, the report said. The majority of active mines in the country are located in the three provinces of Kerman, Yazd, and Isfahan, while Kerman, Yazd, and East Azarbaijan account for the highest mineral production in terms of value.
The main obstacle in the way of reviving the inactive mines is the lack of sufficient funds. Mining companies have also been unable to directly import mining machinery and equipment and faced with restrictions in opening letters of credit (LC’s) for banking transactions due to the limitations imposed on Iran’s economy through sanctions  (over the country’s nuclear energy program) in the past few years.

Short URL : http://goo.gl/5M30tX

You can also read ...

Iran's Economic Ties With Qatar Booming, Exports Up 117%
Iran exported $139 million worth of non-oil goods to Qatar...
China relies on oil imports from Iran while Tehran looks to Beijing for investment.
The value of Iran's exports to China during the nine months to...
Representatives of the chambers of commerce of Tehran and Vienna attended a joint event in Austria’s capital Vienna.
At a joint event attended by the 36-strong delegation from...
No Problem With Plane Deal Financing
Iran does not have a problem obtaining financing for its...
Tehran, Kiev Discuss Upgrading Aviation Ties
Head of the Iranian Parliament’s National Security and Foreign...
No Restrictions on Bank Sepah’s German Operations
Bank Sepah, the oldest Iranian bank, has denied reports in the...
Exports to Europe  Rise 107%
The value of Iran’s exports to the European Union from January...
Yazd Earns $10m in 7 Months
Close to 1.24 million tons of goods worth over $10 million...

Trending

Googleplus