Iran Mining News

The Iranian mining sector was surrounded by much fanfare following the lifting of nuclear sanctions on the Islamic Republic in 2016.

Government officials and economists, expecting an…

Iran exported more than 39.1 million tons of mineral products worth $5.41 billion during the first seven months of the current fiscal year (March 21-Oct. 22), registering a 5.5% and 3.1% growth…

Major Iranian mining companies produced 197.53 million tons of mineral products in the first seven months of the current fiscal year (March 21-Oct. 22), registering a 9.17% growth compared with…

Iran is seeking $50 billion in investment for its mining industries up to 2022 and has signed agreements with several European and Asian banks in the past few months, a deputy minister of…

Major Iranian mining companies produced 169.17 million tons of mineral products during the first half of the current Iranian year (started March 21), registering an 8.45% growth compared with…

The production, utilization and import of road construction and mining machinery are a significant indicator of economic growth, as rising numbers would point to increasing development and…

Middle East Mines and Mining Industries Development Holding Company is taking steps to be listed on London Stock Exchange, announced Reza Ashraf-Semnani, advisor to MIDHCO’s managing director.…

Kenya’s supreme court ruling that nullified President Uhuru Kenyatta’s re-election immediately hit headlines across the globe, with ripple effects on local and foreign investors.  

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The Ministry of Industries, Mining and Trade is considering the introduction of new contracts similar to Iran’s new oil deals for handing over Iranian mines to foreign investors for…

Recent mining operations in the heart of an oak forest in Baneh, Kurdestan Province, have been criticized by environmental authorities and activists.

A 375-hectare lead and zinc mine has…

Iran’s Department of Environment has issued a permit for Chadormalu Mining and Industrial Company to initiate exploration operations in the iron ore-rich D19 geological layer, the head of Iran…

Major Iranian mining companies produced 112.6 million tons of different products during the first four months of the current fiscal year (March 21-July 22), registering an 8.7% growth compared…

The Iranian mining sector has a lot to boast about. With huge untapped reserves, cheap energy and skilled workforce, the industry seems set to be a major driver of the economy.

Yet,…

Over 29 trillion rials ($767 million) were invested in Iranian mines during the fiscal 2015-16, registering a 48% increase compared to the year before, the Statistical Center of Iran’s latest…

Iran’s flagship flat steel producer has taken control of one of the country’s largest mining investment companies and extended its reach in the industry.

By holding a 37% stake in Mines and…

An analysis of the Ministry of Industries, Mining and Trade's data shows growth in the production of crude steel, finished steel products, iron ore, coal concentrate and sheet glass in the last…

Major Iranian mining companies produced 84.89 million tons of mineral products during the first quarter of the current fiscal year (March 21-June 21), registering a 9.49% growth compared to last…

Tehran will be hosting the first edition of the Iran Mining Technology Summit from July 11 to 12, Iranian Mines and Mining Industries Development and Renovation Organization reported. The event…

A close study of latest data released by the Ministry of Industries, Mining and Trade on the production of 55 selected industrial, mineral and petrochemical products during the two months ending…

Major Iranian mining companies produced 56.44 million tons of mineral products during the first two months of the current fiscal year (started March 21), registering a 9% growth compared with…

The government is set to oblige mine owners pay 1% of their revenues as tax to ameliorate the damage inflicted by their operations on the environment.

Naturally, miners are up in arms about…

Iran has put on hold “almost all” of its mining agreements with foreign investors, as companies from Europe to Asia fear additional sanctions on the Persian Gulf nation’s economy, according to…

The Iranian Mines and Mining Industries Development and Renovation Organization organized a forum in Tehran on Monday to survey opportunities of cooperation between Iran and Latin American…

Iran’s largest steel producer, Mobarakeh Steel Company, has bought a further 16.1% stake in Mines and Metals Development Investment Company from a semi-governmental retirement fund.

The Iranian Mines and Mining Industries Development and Renovation Organization is organizing a forum in Tehran on Monday to survey opportunities for cooperation between Iran and Latin American…