IRAN Mining News

Iran mining bigger opportunity than oil

Iran is opening $29 billion of projects to foreign investors once sanctions are lifted – acquiring new mining equipment and technology is a top priority.

Iran's mines could bring in even more cash than crude

Metals discovered from exploration worth about $700 billion.

Could mining in Iran supplant the country's oil business?

Iran is ranked among 15 major mineral-rich countries with potential reserves worth $770 billion.

Iran, World powers reach ‘historic’ nuclear deal

The agreement ends decades of economic sanctions against Iran, and includes reductions in centrifuges, international inspections.

Iran permission to sell uranium, other nuclear products imminent — report

The potential agreement could resolve a 12-year dispute over Tehran's nuclear ambitions.

Iran brings 13 tons of gold back home after latest round of nuclear talks

The nation has successfully repatriated part of its gold holdings that had been frozen as part a number of sanctions imposed by the U.S. and other global powers over its nuclear program.

Outotec wins iron ore processing contract in Iran

5 million tonnes per annum pellet plant expected to start-up in 2018.

This is what will determine if oil prices go up or down

It appears as if oil prices could be on the verge of a rebound, with new data showing that the U.S. oil patch is hitting an inflection point.

Large coal and iron ore reserves found in Iran: official

Two large coal and iron ore reserves have been discovered in Iran, according to a top official.

Iran opens new gold processing plant to counter sanctions

Iran has opened a new gold-processing facility with the goal of doubling its production of precious metals, media reported over the weekend.

Iran claims right to enrich uranium to 90% level

The nation's nuclear chief also said Teheran plans to build four new nuclear plants with the help of Russia.

Iran said to be exporting more oil than allowed

February’s levels were the highest since the West slapped sanctions on Tehran in June last year, says the International Energy Agency (IEA).

Turkey's gold imports drop 93% in February

Drop attributed to higher gold price, end of gas-for-gold deal with Iran.

Goldman Sachs selling Iran’s one-time uranium supplier

The bank's ties to Iran date back to the 1970’s.

Turkey's 2013 gold and silver imports skyrocket

Import levels questioned as government faces political scandal over trade deal with Iran.

Iran resumes gold trade with Turkey

Iran's President Hassan Rouhani has a few reasons to smile.

Zimbabwe selling uranium to Iran is British media’s latest ‘malicious and blatant lie’ — Mining ministry

Obert Mpofu denied Sunday a report claiming the African nation had signed a secret deal to supply Iran with uranium.

Iran’s new President Elect will make nuclear program more transparent

President Elect Rohani stated that he will work to improve Iran’s relations with countries around the world.

Rumors of OPEC's demise exaggerated

A mixed picture is starting to emerge from the Middle East in terms of oil production.

Top 10 oil and gas producing countries in 2012

World oil production rose about 2.5% last year, from 4,019 million tonnes in 2011 to 4,119 million tonnes in 2012.

Glencore delays closing of Xstrata merger, faces claims of aiding Iran nuclear program

The world’s largest commodities trader said more details about the pending deal will be revealed on Tuesday. Meanwhile, it faces claims of supplying Iran with key ingredients for the manufacture of tubes used in uranium enrichment centrifuges.

Major uranium deposit discoveries may fuel Iran’s nuclear program

The controversial announcement comes on the eve of international talks about Iran's disputed nuclear program.

US sanctions crossed out gold-for-gas trade between Iran and Turkey: report

The Turkey-Iran gold-for-gas exchange can be considered dead as tighter US sanctions imposed on Tehran have already stopped Turkish Halkbank from processing other countries’ energy payments to the OPEC oil producer.

Iran denies reports of uranium enrichment explosion

Iran has denied reports of an explosion at its uranium enrichment facilities near the city of Qom in the country's center-north

China seeks to expand into Iranian mining sector

A senior Chinese official has flagged Beijing's strong interest in Iranian resources.