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 the exploration sectors and extensive exploration operations in some parts of 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 the Nakhlak area (Nakhlak Lead Complex) and active forces 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 and Sistan & Baluchestan are really apt for mineralization and IMPASCO has been able to explore proper resources of copper, porphyry and vein gold, iron and also antimony veins 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 sector 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 IMPASCO’s main plans is helping to revive and activate small scale mines, which is aligned with contribution to private sector, production boom and employment increase in areas with mineral potentials.
Translation by: M. Payehghadr
source: ME-METALS
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
