Prediction of Zarshouran’s 150T Gold Reserves
Exploration manager of IMIDRO announced that with new exploration and excavation projects, we predicted that probable and proven gold reserves of Zarshouran will reach over 150 tons.
Gold reserves of Zarshouran was announced 108 tons earlier but current explorations increased these reserves significantly so that another operations could be done in this zone, Ali Asgharzadeh added.
Zarshouran Gold Mining and Industrial Complex is located 35 km from the city of Takab in Western Azerbaijan province.
He explained that other IMIDRO’s exploration projects includes iron ore in Gol gohar, Jalal abad, Sangan,…and copper, nickel, lead and zinc and coal in several mining zones.
If we consider Zarshouran as a mine, there are still 6 other zones which exploration projects in these zones may lead to more than 150 tons reserves. Production capacity of Zarshouran’s gold plant in first phase includes 3 tons gold, 2.5 tons silver and one ton mercury, he said.
As for further conducted explorations is predicted that second phase of the plant will double the production capacity.
source: imidro
Top News
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
Norilsk Nickel plans to sell all it produces in 2025
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
India’s record gold import said to be due to calculation error
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
