Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Managing Director Mahdi Karbasian announced a finance agreement between Iran and Germany, saying Iran will receive good news about mining finances from a number of countries.
Iran Mines and Mineral Industries Development and Renovation Organization (IMMIDRO) has commissioned mining and mining industries projects worth $7 billion since 2013, said the organization's managing director.
Industry and mine sectors drew 42 percent of the foreign investment in Iran following the implementation of Joint Comprehensive Plan of Action (JCPOA) in January 2016, said the director general of Foreign Investment Office of Ministry of Industry, Mine and Trade.
Production from Mouteh Gold Complex in Isfahan Province amounted to 65 kilograms in the two months to May 21, a report by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced.
Iran exported 7.683 million tons of mine and mineral industry products worth $1.02 billion during March 21- May 21 marking a 117-percent rise in terms of value compared to figure for the same period last year.
In a country with unemployment rising above 25 percent, South Africans are increasingly looking for job creation in small-scale mining, an often-informal industry that provides a living for millions across the continent.
A private Iranian company is seeking joint venture partners to help develop copper, steel and other projects in the country, Ebrahim Sadeqi, the managing director of Mahan Company for Mines and Industries Development (MACMID) said on Tuesday.