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.
Minister of Industries, Mining and Trade Mohammad Shariatmadari said only half of Iran’s active industrial units are operating above 50% of their capacity.
Major Iranian mining companies produced 258.13 million tons of mineral products in the first nine months of the current fiscal year (March 21-Dec. 21, 2017), registering a 15.3% growth compared with last year’s corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report announced.
The government earned more than 4.72 trillion rials (over $109 million) in mining royalties–a percentage of miner’s sales profit–during the first seven months of the current Iranian year (March 21-Oct. 22).
Tata Steel is waiting for a permit from Odisha’s state pollution control board to expand capacity at its Khandabandh iron ore mines in eastern India from 1 million tonnes per annum to 5 million tonnes per annum.
Tehran International Fairground is scheduled to host the first “Tehran Business Show” on Jan. 11, 2018, with the aim of developing management services and improving the economy with focus on startup companies.
With the Zinc Expansion Project, Lundin Mining expects to expand production from the existing mining areas and from the deeper, higher-grade zinc deposit Lombador Phase 2.