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mining

  • EghtesadOnline: First Vice President Mohammad Mokhber on Sunday announced new rules for crypto assets, adding some detail to regulations approved in 2019.

  • EghtesadOnline: Mobarakeh Steel Company saw the highest volume of sales during March 21-Aug. 22 with 705.49 trillion rials ($2.22 billion), up 31% YOY.

  • EghtesadOnline: Atotal of 5.76 quadrillion rials ($19.2 billion) worth of investments were made in industrial units for which establishment permits were issued by the Ministry of Industries, Mining and Trade, while projects with operating licenses received close to 1.18 quadrillion rials ($3.93 billion) of investment during the current Iranian year’s first six months (March 21-Sept. 22).

  • EghtesadOnline: The mining sector’s impact is not limited to promoting economic growth, its contribution to the creation of equal employment opportunities, poverty alleviation, advancement of social justice and sustainable economic development is also consequential, says Amir-Hesam Es’haqi, a university professor, in a write-up on IRNA.

  • EghtesadOnline: The average Producer Price Index for the mining sector in the four-quarter period ending June 21, which marks the end of the first quarter of the current fiscal year, increased by 112.3% compared with the same period of the year before.

  • EghtesadOnline: Major mining development projects with an investment of $1.6 billion were inaugurated by President Hassan Rouhani via videoconference in Kerman Province on July 8.

  • EghtesadOnline: The Energy Ministry's recent move to raise electricity prices for cryptomining has drawn the indignation of miners who claim the measure will tempt illegal mining and capital flight.

  • EghtesadOnline: Investments of state-owned Iranian Mines and Mining Industries Development and Renovation Organization and its subsidiaries in mining projects will reach $2.2 billion in the current Iranian year (ending March 20), in line with plans for boosting Iran's production capacity, IMIDRO announced in a report published on its website.

  • EghtesadOnline: The average Producer Price Index for the mining sector in the four-quarter period ending Dec. 20, 2020, increased by 58.9% compared with the same period of last year, according to the latest data released by the Statistical Center of Iran.