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Mouteh Gold Mine Increases Output
Economy, Business And Markets

Mouteh Gold Mine Increases Output

About 22 kg of gold bars were produced by Mouteh Gold Mine from February 20 to March 19 (the last month of the Iranian year), indicating a 22% rise in production volume compared with the corresponding period of the previous year. According to a report published on Iranian Mines and Mining Industries Development and Renovation Organization’s website, the gold mine produced 247 kg of gold bars during the last Iranian year (March 2015-16)—7% more than the initial estimate of 230 kg. Mouteh Gold Mine, located in Isfahan Province, is owned by Iran Minerals Production and Supply Company. The mine started extracting gold nearly 22 years ago and produces gold bars of 99.9% purity.

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