The reason for central banks’ recent gold accumulations has little to do with safe havens and a lot to do with chipping away at the US dollar’s role as the reserve currency.
IRAN Mining News
Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector.
The Hassan Rouhani government is kickstarting a program for the revitalization, activation, and development of the country’s artisanal mines.
Iran executed a gold dealer known as the “Sultan of Coins,” in a warning to merchants not to exploit the country’s financial troubles as U.S. sanctions squeeze the economy.
A technical committee representing the coalition projected on Saturday a global oil surplus will resurface in 2019.
The comments come a day before U.S. sanctions on Iran’s energy and shipping are due to snap back.
The oil price is rising due to the upcoming restrictions on the sale of Iranian oil - the second of a two-part set of sanctions imposed on the Middle Eastern power following the Trump Administration’s decision in May to withdraw from the Joint Comprehensive Plan of Action (JCPA).
The government embarked on a drive to root out corruption and punish speculators it blames for exacerbating the currency crisis.
Could OPEC be on the way out? Maybe.
It’s getting ugly out there. Commodities are getting shaken up as investors fret about the fall-out from the global trade war.
Higher production doesn't necessarily mean higher oil prices are entirely out of the question.
The uranium from which the yellowcake was derived was originally extracted from the Saghand mine.
The Russia-Iran conversations are taking place within the framework of the Joint Comprehensive Plan of Action on Tehran’s nuclear program.
This year could see a geopolitical crisis on the scale of the financial crash a decade ago, Eurasia Group President Ian Bremmer says.
The blast took place at a mine located in Iran's northern Golestan province on Wednesday morning.
Iran’s nuclear chief says the country will produce about 40 tonnes of uranium this year, more than half the total amount yielded over the preceding years.
Iranian Mines and Mining Industries Development and Renovation Organisation (IMIDRO) signed a $1-billion deal with private investors over the weekend to build the mine.
Any re-instatement of sanctions will, if at all, pose minimal additional hurdles to new investors, BMI Research says.
OPEC has released a new market whammy, offering up the cartel’s production figures, which largely jive with figures reported by the IEA.
Report: Lifting of sanctions will spark double digit copper output growth in Iran, home to world's second largest copper mine and largest zinc reserves.
Iran's national development plan targets production of 2 million tonnes of copper per year by 2025.
According to official figures, Iran has now more than $10 billion of investment pledges under its belt.
Iran is opening $29 billion of projects to foreign investors now that sanctions have been lifted.
Iran is opening $29 billion of projects to foreign investors once sanctions are lifted – acquiring new mining equipment and technology is a top priority.
Metals discovered from exploration worth about $700 billion.