EghtesadOnline: The reimposition of US sanctions on Iran will only have a limited impact on the country’s mining and metals industry in the short run and is expected to do little additional damage to an industry already facing “a myriad of domestic operational challenges”.
EghtesadOnline: Iran is seeking $50 billion in investment for its mining industries up to 2022 and has signed agreements with several European and Asian banks in the past few months, a deputy minister of industries, mining and trade said on Wednesday.
EghtesadOnline: There were high hopes for the Iranian mining industry after the lifting of international nuclear sanctions against Iran. Exploiting massive reserves of copper, iron ore, zinc and lead in an energy-rich country that has just moved out of economic isolation sounds like a recipe for success. But why has the sector’s growth been slower than expected?
EghtesadOnline: As the head of Iranian Mines and Mining Industries Development and Renovation Organization, Mehdi Karbasian has been the face of the Iranian mining industry for the past few years.