Mineral Explorations in Full Swing
Economy, Business And Markets

Mineral Explorations in Full Swing

Currently 80 mineral exploration projects are underway covering 200,000 square kilometers of the country’s mineral-rich areas to discover new reserves, said deputy for development projects of Mines and Mining Industries of Iranian Mines and Mining Industries Development and Renovation Organization, Jamshid Mollarahman at the conclusion of the 7th Symposium of Iranian Society of Economic Geology in Semnan Province on Thursday. “The mining sector has to increase annual iron ore extraction by more than 130 million tons to live up to the 55 million tons of annual steel production as per the National 20-year Vision Plan (2005-25),” IRNA quoted the official as saying. He added that there are 3,000 iron ore, limestone, gold and bauxite mines active in the country, noting that Iran’s extractable mineral reserves are currently estimated at 1.7 billion tons. The Symposium of Iranian Society of Economic Geology began in the city of Damghan in Semnan Province on Wednesday and was attended by 200 geologists from all over the country. They discussed new findings in economic geology-related fields such as petrology, environmental geology, geochemistry, hydrochemistry and geophysics.

Short URL : https://goo.gl/MW7mjR
  1. https://goo.gl/n80QfR
  • https://goo.gl/IoM9kP
  • https://goo.gl/J1e2R7
  • https://goo.gl/nKxDeg
  • https://goo.gl/ncb0Uw

You can also read ...

Europe May Tap Cryptocurrencies to Shield Iran Against US Sanctions
The European Union may opt for digital currencies in its...
Iran’s net hot-rolled coil consumption was 5.6 million tons in 2017, of which 0.8 million tons were imported.
Russia and Kazakhstan are temporarily stepping back on sales...
Secondary Forex Market: Corruption Loopholes Abound
Two goals set have been set for the recent establishment of...
EU foreign policy chief, Federica Mogherini, hailed the imposition of the blocking statute on Monday as a “consistent step forward”.
As it races to save the Iran nuclear deal, the European Union...
Colza Production Exceeds Expectations
The government has purchased more than 300,000 tons of colza...
Plastic Production Plant Launched in Chabahar
A factory producing different kinds of plastic products was...
Hashtgerd Subway Station Construction Underway
Iranian authorities are pushing ahead with construction plans...
Illicit Car Imports Under Judiciary’s Scrutiny
Judiciary Chief Ayatollah Sadeq Amoli Larijani says they have...