18575
Kouhdom Mine to Produce 300 Kg of Gold p.a.
Economy, Business And Markets

Kouhdom Mine to Produce 300 Kg of Gold p.a.

Kouhdom Gold Mine, located 110 kilometers northeast of the central city of Ardestan in Isfahan Province, has the capacity to produce 300 kilograms of gold every year once it comes into operation, said Gholamreza Hashemi, the contractor in charge of explorations in the region.
He added that complementary explorations for the mine are set to conclude in one month after which an extraction plant will be established near the site.
The project, which is among the development plans of Iran Minerals Production and Supply Company – a subsidiary of the Iranian Mines and Mining Industries Development and Renovation Organization, was launched in the last Iranian year (ended March 20, 2015).
“So far, 4 million tons of gold ore have been explored with a grade of 1-1.5 gram of pure gold in every ton of gold ore,” Eghtesad-News quoted Hashemi as saying.
According to the contractor, further explorations will substantially increase the proven reserves in Kouhdom.
Some 800 billion rials have been invested in the mine which is home to iron and copper reserves as well as gold.
Since the current administration came to power in 2013, great emphasis has been put on development projects for gold mines.
Zarshouran, in the northwestern province of West Azarbaijan, Mouteh in the central Isfahan Province and Sary Gunnay in the western Kurdestan Province are among the major gold mines in the country.

Short URL : http://goo.gl/kv0xfs

You can also read ...

Iran Economic News Headlines for Today - October 15
1. Mohammad Baqer Nobakht, the head of Plan and Budget...
Iran Plans Barter Trade With Africa - Interview
As a bid to ease trade with African countries, the Iran...
Iran, India Aim to Accelerate Chabahar Project Before US Curbs
India and Iran have renewed efforts to operationalize one...
Ban on Iran Imports From Farah Checkpoint to Be Lifted
Afghanistan Customs Department has agreed to lift the ban on...
Iran Mineral Trade Surplus Rises to $3.5 Billion
Iran's trade surplus of mineral products increased notably to...
Iran Bushehr Port Exports to Qatar Hit $56 Million (Mar-Sep 2018)
About $56 million worth of non-oil goods were exported from...
Iran, Japan to Train Afghan Customs Staff
The Islamic Republic of Iran Customs Administration has signed...
Cars to Cost More in Iran
Automakers will soon receive the okay from relevant...

Trending

Googleplus