EghtesadOnline: The average Producer Price Index for the mining sector in the four-quarter period ending Dec. 21, 2019, increased by 52% compared with the same period of last year, according to the latest data released by the Statistical Center of Iran.
EghtesadOnline: The Ministry of Industries, Mining and Trade has issued 1,000 plus licenses for cryptocurrency mining units so far, an official with Iran’s ICT Guild Organization said.
EghtesadOnline: Loans to raise working capital of industrial units had a 72% share of the total loans given to mining and industrial companies in the first seven months of the current calendar year to Oct. 22.
EghtesadOnline: Iranian miners paid a total of 8.65 trillion rials ($70.95 million) in mining royalties to the government during the first half of the current Iranian year (March 21-Sept. 22).
EghtesadOnline: Iran's industrial and mining sector experienced 18% growth in the first six months of the current Iranian year (started March 21) compared with the preceding year's corresponding period, says Industries, Mining and Trade Minister Reza Rahmani.
EghtesadOnline: Iranian miners paid 7.19 trillion rials ($63.4 million) in mining royalties to the government during the first five months of the current Iranian year (March 21-Aug. 22).
EghtesadOnline: The government's move in July to regulate cryptocurrency mining as a legal industrial activity has been broadly welcomed by miners, though they say minor adjustments in regulations would create room for miners to make significant contribution to the economy.
EghtesadOnline: Seven mining and mineral projects are ready to be inaugurated in the provinces of Kerman, Zanjan, South Khorasan and Isfahan, the chairman of Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO) said.
EghtesadOnline: After months of speculation over the fate of mining and trading cryptocurrencies in Iran, the government late on Sunday announced that it recognizes mining cryptocurrency as a legal industrial activity.
EghtesadOnline: The Iranian Mines and Mining Industries Development and Renovation Organization is pursuing plans to expand mineral explorations to cover 300,000 square kilometers by the end of the second term of President Hassan Rouhani (August 2021), says deputy minister of industries, mining and trade.