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Tehran, Baku discuss expansion of economic ties amid coronavirus outbreak

26 June 2020 - 04:34
In a recent telephone conversation, Iran’s Finance and Economic Affairs Minister Farhad Dejpasand and Azerbaijan’s Deputy Prime Minister Shahin Mustafayev have explored the ways for the expansion of bilateral economic relation between the two countries amid the coronavirus outbreak, Mehr news agency reported on Monday.

Appia to drill at world’s 2nd richest rare earth prospect

14 June 2020 - 00:58
About 80-85% of North America’s rare earths supply currently comes from China, a situation that is becoming untenable, given the US-China trade war tensions and coronavirus pandemic.

Congo miners may breach rights with virus controls

14 June 2020 - 00:54
Copper and cobalt-mining companies in the Democratic Republic of Congo may be violating the rights of their workers with stringent confinement policies meant to stop the spread of Covid-19, according to a group of non-governmental organizations.

Iron ore soars as Vale ordered to shut down mines

10 June 2020 - 02:50
Chinese iron ore futures surged on Monday, marking the biggest intraday percentage gain since July 2019, as supply concerns deepened after the country’s second-biggest iron ore supplier Brazil shut down Vale’s Itabira complex due to coronavirus concerns.

Cobre Panamá asks Ministry of Health for permission to resume activities

10 June 2020 - 02:40
Minera Panamá, a subsidiary of Canada’s First Quantum Minerals (TSX: FM), asked the Panamanian Ministry of Health to allow the company to restart operations as soon as possible.

Iranian economy to get back on track in 2021: WB

10 June 2020 - 01:40
The World Bank has predicted that Iran’s gross domestic product (GDP) will increase by 2.1 percent in 2021 after experiencing a 5.3 percent fall in the current year due to the negative impacts of the coronavirus outbreak.

Govt. to pay $223m for supporting passenger rail transport companies

9 June 2020 - 02:51
Head of Islamic Republic of Iran Railways (known as RAI) says 9.4 trillion rials (about $223.8 million) has been allocated for compensating the damages caused by the coronavirus outbreak for passenger rail transport companies.

Getting closer to customers even during distancing and lockdown period!

3 June 2020 - 00:34
With COVID-19 affecting the field workforce availability remote assistance delivered by Fives is good-tool to keep equipment and technologies running at its maximum capacity. The crisis has been an opportunity to reinforce partnership with customers with digital tools to support maintenance operations.

ICCIMA calls government’s coronavirus support package ‘inefficient’

1 June 2020 - 01:40
Members of the industry committee of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), in a meeting, criticized the inefficiency of the government’s support packages against the impacts of the coronavirus outbreak.

Iron ore dominates Australian resource 2018-19 profits

31 May 2020 - 04:13
Australian iron ore producers accounted for the largest share of operating profits in the entire resources sector, including upstream oil and gas and coal mining, during the 2018-19 fiscal year to 30 June. The resources sector, at 8pc of the economy, accounted for more than a fifth of all industry profits.
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