Old Nakhlak has become young!
ME-METALS – Behrouz Borna; member of Iran Minerals Production and Supply Company (IMPASCO) board of directors said: regarding high attention of IMPASCO to exploration sectors and extensive exploration operations in some parts of the country, we have been able to convert Lead mine of Nakhlak which didn’t have harvestable resources before and had been changed to old Nakhlak, to young Nakhlak through exploring new resources.
Reported by ME-METALS, according to IMPASCO public relations, Behrouz Borna continued: currently, Reverse Immigration Wave has been formed in Nakhlak area and active workforces in this complex have been increased from 150 to 300 people.
Borna with respect to high mineral potential in east of Iran said: the provinces of South Khorasan & Sistan and Baluchestan are really apt for mineralization and IMPASCO has been able to explore proper resources of copper, porphyry & vein gold, iron and also veins of antimony in these areas.
This member of IMPASCO board mentioned: sanctions will be a good opportunity. Although mining process may be time-consuming without the presence of foreign companies, it’s still feasible, since experienced experts have been trained in the sectors of exploration and exploitation in the recent years.
He added: IMPASCO is now active in 24 provinces of the country and it has achieved satisfying results so far.
Pointing out the revival of small scale mines, Borna said: one of the IMPASCO’s main plans is helping to revive and activate small scale mines, which is aligned with contribution to private sector and production boom and employment increase in areas with mineral potentials.
Translation by: M. Payehghadr
source: ME-METALS
Top News
Five last month
Two last year
US Energy Dept finalizes $2.26bn loan for Lithium Americas’ Nevada mine
Abandoned copper mines embraced as fast track to boost output
Glencore posts lower metals output for first nine months, reiterates outlook
Mercuria eyes equity in African assets, new metals boss says
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m
Traders see gold as a surefire bet as coin-toss election looms
Gold price surge adds glitter to tarnished miners
Environmentalists sue over US approval of ioneer’s Nevada lithium mine
Gold price shows little reaction to jobs data
St Barbara raises $73m to fast-track Simberi sulphide production
Copper price sees biggest drop since May as Trump’s win boosts dollar
Sibanye agrees wage deal for its gold operations, union says
China’s industry ministry plans to step up lithium, cobalt, nickel exploration
Liberty Gold advances Black Pine project permitting
China zinc smelter group sets processing fees for Q1 2025
Brazil prepares to remove illegal Amazon gold miners from Munduruku land
Anglo American sells Australian coal JV stake for $1.1 billion
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m
Ecuador to reopen mining register for first time in over six years
St Barbara raises $73m to fast-track Simberi sulphide production
Copper price sees biggest drop since May as Trump’s win boosts dollar
Sibanye agrees wage deal for its gold operations, union says
China’s industry ministry plans to step up lithium, cobalt, nickel exploration
China zinc smelter group sets processing fees for Q1 2025
Brazil prepares to remove illegal Amazon gold miners from Munduruku land
Anglo American sells Australian coal JV stake for $1.1 billion
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m
Ecuador to reopen mining register for first time in over six years