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
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Higher silver supply to reduce global deficit by 4% in 2024
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Newmont sells Ontario gold mine to Orla for $850 million
BHP warns Australian mining not ready for low-cost competitors
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
BHP warns Australian mining not ready for low-cost competitors
Resolute Mining says it will pay Mali $160 million in tax dispute
Trump chooses oil fracking boss as energy secretary
Gold loses some luster after Trump’s decisive win
