Mining Machinery & Equipment
By the Presence of International Mining Delegates:
Tehran is hosting over 300 national and foreign companies in the International Trade Fair for Construction Machinery and Vehicles, Mining, Building Material Machines and Natural Stone Industry at Tehran International Exhibition Center
The 12th International Trade Fair for Construction Machinery and Vehicles, Mining, Building Material Machines and Natural Stone Industry (Iran ConMin 2016) has just opened up with the presence of Mohammadreza Nematzadeh, incumbent minister of industry, mining and trade and the delegate of large mining corporations.
The trade fair is hosting interested visitors during 5 – 8 November, 2016 from 10:00 to 17:00 at Tehran Permanent Fairground.
Nearly 300 national companies as well as foreign corporations are attending 12th international trade fair, Iran ConMin 2016. The 4th world mining congress is providing the opportunity for delegates to meet up and negotiate the conditions after Iran nuclear deal.
Ongoing anti-mining protests in Peru, triggered by the recent approval of a now halted construction permit for Southern Copper’s (NYSE:SCCO) $1.4 billion Tia Maria project in Arequipa, have extended to Anglo American and Mitsubishi’s $5 billion Quellaveco project, in the neighbouring region of Moquegua.
Africa’s largest money manager sees “significant investment opportunities” in West African gold mining as the industry at the southern end of the continent declines.
K92 Mining (TSXV: KNT) reported on Thursday its operating and financial results for the second quarter, during which the Vancouver-based gold miner saw record tonnes processed and achieved total production of 19,652 oz gold-equivalent (AuEq) from the Kora North deposit with cash costs of $551/oz gold and AISC of $681/oz gold.
In 1956, the giant Northshore Mining plant on the shores of Lake Superior was the first facility built in North America to make pellets out of taconite, a low-grade iron ore. It used a process developed at the University of Minnesota after the supply of high-grade natural ore in the state was nearly mined out.
Tehran Stock Exchange (TSE) main index (TEDPIX) gained 4,352 points on Wednesday to reach 261,441, IRIB reported.
Iran’s non-oil exporters injected €6.68 billion of their revenues into the Forex Management Integrated System, locally known as NIMA, since the beginning of the current Iranian calendar year (March 21) up to August 11.