According to Mining News Pro - Sad Abdi, Nicico’s director of supervision and planning announced in the Third Conference and Exhibition of the Perspective of Iran`s Non-Ferrous Metals Industry that Iran is the seventh country in the world in terms of copper reserves.
“Iran’s bauxite reserve in 2019 was about 38 million tons. Average price of copper between 2017 to 2019 increased and the average price of copper in 2020 is about 6 thousand dollars in the world,” he said.
“World copper producers’ profit in 2017 was around 98 percent and in 2018 only one percent of the world`s copper units had negative profit margins,” he added.
He believes that gold’s price trend is going to be descending until 2024 while the other metals will grow.
Mining News Pro - One year from now, when the next Association of Mineral Exploration (AME) Roundup conference is held, mining legend Robert Friedland expects the ...
Mining News Pro - Glencore Plc has agreed to sell its stake in Mopani Copper Mines Plc to the Zambian government for $1.5 billion, but will get just $1 upfront.
Mining News Pro - SolGold announced on Tuesday that Nick Mather would step down as CEO, after 13 years at the helm of the company.
Mining News Pro - Rio Tinto has pushed its production timeframe at the Winu copper-gold project in Western Australia by a year despite drilling progress made in ...
Mining News Pro - Market analyst Roskill published a report where it states that China’s increasing control over copper and cobalt resources in the Democratic ...
Mining News Pro - Mining giants Rio Tinto and BHP are continuing to engage with Native American tribes as they seek permission to develop the Resolution copper ...
Mining News Pro - Minister of mine, industry and trade said that currently we are in an economic war and the investors must try their best for economy boom and ...
Mining News Pro - CEO of Jajarm Alumina Company said that due to the pandemic, the aluminum price had fallen but after maintaining the situation the table turned.
Mining News Pro - A US judge denied a request by Arizona’s San Carlos Apache tribe to block the Trump administration from publishing the final environmental study ...