56654
Mineral Exploration, Production on  the Rise
Mineral Exploration, Production on  the Rise

Mineral Exploration, Production on the Rise

Mineral Exploration, Production on the Rise

The Ministry of Industries, Mining and Trade issued 498 mineral exploration and 527 mineral production permits during the eight months to November 20. The figures show a 5.6% and 8.7% growth respectively compared with last year’s corresponding period, IRNA reported. According to the ministry, there are over 5,400 active mines in Iran, from which close to 400 million tons of minerals are extracted every year. Iran is home to 68 types of minerals with more than 40 billion tons of proven reserves and 60 billion tons of potential reserves. According to the United States Geological Survey, Iran holds the world’s largest zinc, ninth largest copper, 10th largest iron ore, fifth largest gypsum and barite and 10th largest uranium reserves. Overall, Iran is home to more than 7% of global mineral reserves.

Short URL : https://goo.gl/cJBp6x
  1. https://goo.gl/9wmphF
  • https://goo.gl/KzcQGn
  • https://goo.gl/aq0KmX
  • https://goo.gl/5eKIuL
  • https://goo.gl/zZlHWM

You can also read ...

Stadler Rail’s business with Iran is worth billions of Swiss francs.
In early March, the Swiss Embassy in Tehran gladly announced a...
Audi CEO Arrested Over Diesel Scandal
Audi CEO Rupert Stadler was arrested in Munich on Monday in...
Iran to Increase Exports to US Despite Sanctions
A senior Iranian trade official has announced that the country...
Grab Clinches Deal With HSBC
Ride-hailing startup Grab has secured a $370 million five-year...
Iran Proposes to Set Up IMO Offices in West Asia
The Ports and Maritime Organization of Iran has announced its...
Over 2.55 billion shares worth $169.2 million were traded at TSE on June 18.
Tehran stocks showed no signs of backing down on their rally,...
Trends in Housing Sales, Rents
The Statistical Center of Iran has presented crucial data...
Gov’t Loans for Apparel Production in Rural Areas
The government has begun the process of allocating loans to...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus