A total of 3,321 new jobs were created in Iran’s mining sector during the seven months to Oct. 22, 2017, indicating a 158% rise compared with the corresponding period of the previous year, data released by the Ministry of Industries, Mining, and Trade showed.
The provinces of Kerman, Yazd, Fars, South Khorasan and Khorasan Razavi had the highest share in job creation, the Persian economic daily Donya-e-Eqtesad reported. The Industries Ministry issued 407 exploitation and 294 exploration permits during the period, the report added.
Iranian Deputy Industry Minister Mehdi Karbasian announced that during the past Iranian calendar Year 1396 (ended March 20, 2018) exports of domestic mining sector stood at $9 billion
At the 15th Exhibition and World Congress for Latin American Mining, Expomin 2018, Metso will be presenting a variety of product Industry 4.0 applications and tailored solutions to improve process and resource efficiency while reducing operational costs in mining operations.
Those worried that the positive momentum in the mining and metals sector is beginning to wane after two years of strong gains may find encouragement from a new survey by private capital tracker Preqin.
“The Mineral Resources Development Fund is a smart, strategic investment in the future of our industry,” said Sean Kirby, Executive Director of MANS. “The provincial government has made a series of important policy decisions in recent years that are helping our industry grow and create jobs for Nova Scotians.
The Ministry of Industries, Mining and Trade issued 937 permits for mineral exploration during the 10 months to Jan. 20, registering a 53% rise compared with last year’s corresponding period. Iran is home to around 10,000 mines, only 6,000 of which are operational.
At the behest of private producers and downstream users, the Ministry of Industries, Mining and Trade has banned price increases for all steel products at Iran Mercantile Exchange up until June 21.