Iran’s acting minister of industry, mining, and trade said that inaugurating 200 major projects by the end of the current Iranian calendar year (March 20, 2021) is going to create 41,000 new direct jobs across the country, Mehr news agency reported.
News ID: 9822 Publish Date : 2020/08/10
Heavy Equipment Production Company (HEPCO) has signed memorandums of understanding (MOUs) with five major domestic mining companies to manufacture equipment and machinery for them.
News ID: 9786 Publish Date : 2020/07/29
The Chairman of IMIDRO announced:
Deputy Minister of SMT and Chairman of IMIDRO said, “After acquisition of HEPCO by the Social Security Organization, IMIDRO’s supportive approach toward the company has not changed and regarding to the development missions of this organization and the national view, in the year of “Production Jump”, Mining sector and Mining Industries will certainly continue to support this long-serving manufacturer and develop the cooperation.”
News ID: 9778 Publish Date : 2020/07/26
The latest data published by the Iranian Industry, Mining and Trade Ministry show that 69 percent of the semi-finished industrial, mining, or trade projects across the country reported less than 20 percent of physical progress by the end of the previous Iranian calendar year (March 19).
News ID: 9754 Publish Date : 2020/07/06
The total sales of large mining companies through the stock market has increased by 55 percent in the first two months of the current Iranian calendar year (March 20-May 20), year on year, Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced.
News ID: 9738 Publish Date : 2020/07/06
Iran’s Acting Industry, Mining, and Trade Minister Hossein Modares Khiabani said the ministry has it on the agenda to export $41 billion worth of non-oil commodities in the current Iranian calendar year (March 2020-March 2021).
News ID: 9732 Publish Date : 2020/06/26
Some 196 industrial, mining and trade projects worth 230 trillion rials (about $5.48b) went operational throughout the country since the beginning of the current Iranian calendar year (March 20) up to June 16.
News ID: 9727 Publish Date : 2020/06/26
China’s Zijin Mining has emerged as the unnamed multinational that trumped Silvercorp Metals’ (TSX, NYSE: SVM) bid for Guyana Goldfields (TSX: GUY), with a deal that values the target miner at C$323 million ($238m).
News ID: 9713 Publish Date : 2020/06/14
About 80-85% of North America’s rare earths supply currently comes from China, a situation that is becoming untenable, given the US-China trade war tensions and coronavirus pandemic.
News ID: 9712 Publish Date : 2020/06/14
The board of directors of B2Gold (TSX: BTO) on Friday approved a cash dividend for the second quarter of $0.02 per share, up from its previous quarterly dividend of $0.01 per share.
News ID: 9711 Publish Date : 2020/06/14
Indian miner Vedanta Ltd reported a net loss of 125.2 billion rupees ($1.7 billion) for the fourth quarter of its financial year, compared with a profit of 26.15 billion rupees in the same period a year earlier.
News ID: 9690 Publish Date : 2020/06/10
Australian Strategic Materials announced that its Korean partner, Zirconium Technology Corporation, was awarded $4.5 million in grants by the Korean government to be used in the development of the companies’ joint venture.
News ID: 9689 Publish Date : 2020/06/10
Saudi Arabia’s cabinet on Tuesday approved a new mining law that aims to accelerate foreign investment in the sector as part of efforts to diversify its economy away from hydrocarbons.
News ID: 9687 Publish Date : 2020/06/10
China’s Zijin Mining Group Co said on Sunday it would pay 3.88 billion yuan ($548 million) to acquire a majority stake in a mining firm with rights to two copper deposits in Tibet.
News ID: 9683 Publish Date : 2020/06/10
Iran's Deputy Industry, Mining, and Trade Minister Darioush Esmaili says the country’s Mining Investment Insurance Corporation (MIIC) is going to allocate 30 trillion rials (over $714.2 million) for supporting mining exploration projects, IRIB reported.
News ID: 9670 Publish Date : 2020/06/09
Metso is introducing two new game-changing solutions for the crushing and screening plants in mining: the flexible FITTM stations and the smart ForesightTM stations. The two unique, cost efficient and productive solutions will provide significant resource and time savings for the mines.
News ID: 9629 Publish Date : 2020/05/30
Iranian Industry, Mining, and Trade Ministry plans to inaugurate 200 major industrial, mining, and trade projects across the country by the Iranian calendar year of 1400 (begins on March 20, 2021), IRNA reported.
News ID: 9600 Publish Date : 2020/05/28
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that it plans to revive 50 idle small copper mines in the current Iranian calendar year (ends on March 20, 2021), IRNA reported.
News ID: 9597 Publish Date : 2020/05/28
The Iranian Mines and Mining Industries Development and Renovation Organization has increased its research and development budget from 170 billion rials ($963,172) in the last fiscal year (March 2019-20) to 230 billion rials ($1.3 million) this year
News ID: 9593 Publish Date : 2020/05/24
Five expatriate employees of SL Mining, a subsidiary of London-based Gerald International Ltd., were arrested Wednesday on suspicion of instigating unrest, the mining company said in a statement Saturday.
News ID: 9587 Publish Date : 2020/05/21
