IRAN
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Iran to become world's 7th copper producer
A senior Iranian official says the country is set to improve its global ranking in the copper production industry to the world's 7th in the current Iranian year (started March 20).
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Tehran rides to gold's rescue
MINING.com News | March 23, 2012
"The only thing that's got us up is oil," Frank McGhee, senior precious metals dealer with Integrated Brokerage Services in Chicago told The Wall Street Journal.
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The Story Behind US Gas Price Pain
Casey Research | March 8, 2012Gasoline consumption in the United States has been dropping for years.
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Sanctions-hit Iran to accept payment in gold from trading partners
Banking Industry Today | February 29, 2012Iranian news agencies on February 29 quoted Central Bank Governor Mahmud Bahmani as saying that "each country can pay using its own currency" and that "if a country should so choose, it can pay in gold."
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UN watchdog suspects Iran is diverting uranium
Andrew Topf | February 26, 2012
Iran may be diverting uranium for use in weapons research, according to a report by the UN International Energy Agency (IEA), a nuclear watchdog.
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Iran sanctions: Trade with number 6 iron ore exporter heading to zero
Frik Els | February 13, 2012
Although some Asian firms have found creative ways of doing business with Iran, European iron ore traders and shipping companies are shying away completely from transacting with the country as US-led sanctions start to have an impact.
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China warns of Iranian iron ore import risks
Mineweb | December 21, 2011In a spat similar to one the two countries had over crude that has seen Iranian oil shipments bound for country halve for January, China has warned local firms about Iranian iron ore.
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Iran Invests $7 Bln in Copper Industry/Iranian Copper Production to Reach 700K Tons
Moj News Agency | November 20, 2011The head of National Iranian Copper Industries Co (NICI) has insisted that with the $7 billion investment made in the industry, copper production will hit 700,000 metric tons. According to Ardashir Sad Mohammadi, managing director of NICI Co, more than…
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Steel production up 20 pct in Iran
Zawya.com | October 2, 2011Production of steel billets in Khouzestan Steel Company (KSC) increased by more than 20 percent in the first six months of the current Iranian year (started March 21), said the company's managing director. Abdolmajid Sharifi said the company produced
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Russia and Iran to create major mining venture: report
Cumhuriyet | September 22, 2011
Russia and Iran are creating a $1.2 billion joint venture between state company Russian Technologies and Tehran state Bank Saderat to tap into Iran's colossal zinc deposits, Kommersant daily reported Tuesday.
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Iron ore production up in Iran
Zawya.com | August 14, 2011Over 9.3 million tons of concentrated and granulated iron ore were mined in the country in the first four months of the current Iranian year (started March 21), showing an increase of 5.2 percent compared to the figure for the same period last year.
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Iranian Persian Gulf island exports over 20,000 tons of zinc
Fars News Agency | August 8, 2011Managing-Director of Qeshm Zinc Smelting Complex Mehdi Kalateh announced that Iran's Qeshm Island in the Persian Gulf exported over 20,000 tons of zinc ingots in the last Iranian year
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Steel production in Iran up by 16% in 4 months
Zawya.com | August 6, 2011Steel production in Iran hit 4.645 million tons in the first quarter of current Iranian calendar year of 1390 (started on March 21), registering 16.3 percent increase compared to the figure for the corresponding period last year.
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Iran crude steel output up 11.6 pct in H1: report
Tehran Times | July 30, 2011Some 484.8 million tons of crude steel was produced in Asia during the mentioned period, showing 6.7 percent increase in comparison to corresponding time span the year before, the report added.
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Iran crude steel output surges to 20 million tons
CommodityOnline | July 16, 2011Crude Steel production in Iran almost doubled to 20 million tons in the five years period from 2005 to 2010.
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Iran processed iron ore output up
Hellenic Shipping News Worldwide | July 7, 2011Iron ore concentrate production in the first quarter of last year reached 6.694 million. During the said period, the top producer was Chadormalu Mining & Industrial Co. whose production reached 2.428 million tons.
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Outotec to deliver copper flash smelting technology to Iran
infomine - mining equipment and supplier news | May 10, 2011Outotec has agreed with Tech Talk company of Dubai on the delivery of flash smelting technology for the expansion of National Iranian Copper Industries Company's copper smelter located in Sarcheshmeh, Iran. Outotec's scope of delivery includes the supervision of detail engineering, supply of proprietary equipment as well as installation supervision and training services. The contract value is approximately EUR 61 million.
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Outotec to supply technology for a copper concentrator expansion in Iran
infomine - mining equipment and supplier news | October 4, 2010Outotec has been awarded an order from an Italian company IRASCO for the supply of technology for National Iranian Copper Industries Company's copper concentrator expansion located in Sarcheshmeh in Iran. The contract value is nearly EUR 40 million. Outotec's solution …
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Iran – great potential thwarted leaving missed opportunities
International Mining | September 23, 2009Persian Gold's interim results for the six month period to June 30, 2009 show good exploration success has been achieved in Iran. The Chah-e-Zard gold discovery is believed to be commercial and Dalli could potentially be a small copper/gold mine. However, further progress and development has been frustrated by inaction on behalf of the authorities. As a result, Persian [...]
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ANNOUNCEMENT
Orezone Completes the Sale of Sega to Cluff Gold for $26.5M
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.
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