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Exports from mining sector stand at $5.6b in 10 months

1 March 2021 - 02:28
The value of Iran’s exports from the mining sector stood at $5.612 billion in the first 10 months of the current Iranian calendar year (March 20,2020-January 19, 2021), according to the data released by the Islamic Republic of Iran Customs Administration (IRICA).

Mining, energy projects worth over $190m inaugurated in central Iran

20 February 2021 - 23:07
Iranian Industry, Mining, and Trade Minister Alireza Razm Hosseini on Saturday inaugurated a mineral production unit worth eight trillion rials (over $190 million) as well as a solar power plant during a visit to Yazd province, central Iran.

IMIDRO to inaugurate mining development projects worth over $355m soon

13 February 2021 - 13:53
The head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that the organization will inaugurate 23 development projects in mines and mining industries soon.

Crypto’s rapid rise means investors need gold, top miner says

12 February 2021 - 22:06
The astonishing rise of cryptocurrencies, including red-hot Bitcoin, just handed one of the world’s leading gold miners one more reason to urge investors to buy the age-old haven that is bullion.

Ivanhoe to launch $16m exploration program at Western Foreland in DRC

12 February 2021 - 22:01
Ivanhoe Mines (TSX: IVN) announced that it plans to carry out a $16-million exploration program on its Western Foreland exploration licenses, which are in close proximity to the Kamoa-Kakula copper project in the Democratic Republic of Congo.

Baffinland Iron Mines asks court to end hunters blockade

12 February 2021 - 21:58
Canada’s Baffinland Iron Mines is seeking a court order against a group of Nunavut hunters who have been blocking the Mary River mine’s road and airstrip in protest of a proposed expansion of the operation.

Kinross reports record free cash flow of $1bn for 2020

12 February 2021 - 21:54
Toronto-based gold major Kinross Gold (TSX: K; NYSE: KGC) has released its fourth-quarter and year-end 2020 financial results. Production of 2.4 million gold-equivalent oz. for the year (624,032 oz.

Domestic production in mining sector saves Iran nearly $1b

12 February 2021 - 14:42
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has announced that domestic production and indigenizing technology in the mining sector has saved Iran nearly $1 billion during the current Iranian calendar year (began on March 20, 2020).

40 idle mines revived in Sistan-Baluchestan Province

12 February 2021 - 14:40
As announced by a provincial official, 40 idle mines have been revived in Sistan-Baluchestan Province, in the southeast of Iran, since the beginning of the current Iranian calendar year (March 20, 2020).

Eldorado Gold inks revised investment contract with Greece

8 February 2021 - 01:09
Canada’s Eldorado Gold said Friday it had inked an amended investment agreement with the Greek government covering the miner’s operations in the north of the country.
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