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Mines

Iran gov’t to sell 5,000 small, medium-sized mines to private sector

Iran plans to auction thousands of small and medium-sized mines as part of its efforts to create more jobs and spur more activity in its booming metals and mining sector.

Mine and Industry

Mining responsible for 27% of Iran’s non-oil exports

The Iranian customs office (IRICA) says mining exports was so lucrative over the calendar year to late March that it beat government expectations and became a major source of earning hard currency for the country.

Mine and Industry

Iran’s Q1 mineral exports top $3.2 billion

Iran has exported some 13.7 million tons of mining products worth $3.275 billion in the first three months of the current Iranian fiscal year (March 21 – June 21), according to a Sunday report by Iranian Mines and Mining Industries Development and Renovation (IMIDRO).

Mine and Industry

Iran’s monthly mineral exports rises 16% YOY

The value of Iran’s export of minerals and mining products rose 16 percent in the first month of the current Iranian calendar year (March 21-April 20), as compared to the first month of the previous year, according to the data released by Iranian Mines and Mining Industries Development and Renovation Organization.

Mine and Industry

Iran private sector to form consortiums for overseas mining

Ebrahim Jamili, a member of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Board of Representatives, says the Iranian private sector plans to form consortiums for overseas mining in other countries.

Mine and Industry

Iran’s annual mining exports up 91%

Iran exported around $10.532 billion of minerals and mining products in the previous Iranian calendar year 1400 (ended on March 20), registering an increase of 91 percent year on year, an official with Iran’s Trade Promotion Organization (TPO) said.

Mine and Industry

Iran’s mining industry exports soar by 90% YOY

Iran’s mining industry exported a total of 42.21 million tons of products worth $9.49 billion in the current fiscal year’s first nine months (March 21-Dec. 21) to register a 9.5% and 90.8% year-on-year rise in weight and value respectively, a new report released by the Iranian Mines and Mining Industries Development and Renovation Organization shows.

Mine and Industry

Iran private sector seeking joint cooperation with China in Afghan mines

Ebrahim Jamili, head of Mine and Mining Industries Commission of Iran Chamber of Commerce, said on Tuesday that the ground is prepared for Iran’s activity in Afghanistan mining sector, noting that Iran welcomes cooperation with China in this regard.

Mine and Industry

Iran’s Q2 mining producer inflation at 116%

The average Producer Price Index for the mining sector in the four-quarter period ending Sept. 22, which marks the end of the second quarter of the current fiscal year, increased by 116.1% compared with the same period of the year before.

Mine and Industry

Iran’s industry, mining sectors attract 80% of foreign investments

Foreign investment in Iranian industry and mining sector stood at some $388 million over the first five months of the fiscal year (March 21-August 22) accounting for some 80% of the total foreign investment attracted by the country over the five-month period, report says.

Macro Economy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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