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Mineral

  • EghtesadOnline: The area under mineral explorations in Iran expanded by 30,000 square meters during the first four months of the current Iranian year (March 20-July 21), according to the Geological Survey and Mineral Explorations of Iran.

  • EghtesadOnline: Iran-Oman Chamber of Commerce has signed a memorandum of understanding with Iran Mine House to promote the presence of Iran’s mining companies in the neighboring country, improve mineral exports through Oman, facilitate joint investments and form specialized mining committees.

  • EghtesadOnline: The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has released a new report on the sales of 72 heavyweight Tehran Stock Exchange-listed mining and mineral companies.

  • EghtesadOnline: About $3.2 billion were invested in Iran’s mining and mineral industries during the last fiscal year (ended March 19, 2020) to register a 60% rise compared to the year before, says the spokesperson of the Iranian Mines and Mining Industries Development and Renovation Organization.

  • EghtesadOnline: The state-owned Iran Minerals Production and Supply Company handed over about 50 trillion rials ($284.09 million) worth of mineral projects to the private sector in the last fiscal that ended on March 19, 2020.

  • EghtesadOnline: A total of 470 million tons of minerals were extracted in Iran in the last fiscal year (ended March 19, 2020), says Minister of Industries, Mining and Trade Reza Rahmani, adding that the figure is expected to exceed 500 million tons this year (March 2020-21).

  • EghtesadOnline: Stocks continued to rally on Sunday for the third session in a row amid rising demand for shares of major mineral, petrochemical and refinery companies plus selloff pressure in auto stocks.

  • EghtesadOnline: Iran's trade in mineral products recorded a surplus of $5.05 billion during the 11 months to Feb. 19.

  • EghtesadOnline: Iran's mineral trade recorded a $4.46 billion surplus in the 10 months to January 20.

  • EghtesadOnline: Equity indices extended decline in the third session on Monday, tracking weakness in commodity stocks and uncertainty regarding the future of export-based companies. Heavy selling was witnessed in at the petrochemical, banking and mineral counters.