Keyword: "iran"

Mining News Pro - On Saturday, a meeting was held between the Australian Ambassador to Iran Lyndall Sachs and the Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Khodadad Gharibpour in order to debate the growth of mining collaboration between the two nations.

Mining News Pro - Direct reduced unites has succeeded to produce more than 5.5 million tons of DRI in last two months.

Mining News Pro - Chairman of the board of IMIDRO said that a 2.5m tons plant opened recently in the first phase and in the second phase another 2.5m ton plant will be opened in the next 40 to 50 days.

Mining News Pro - Esfahan Steel Company held a meeting on June 9, discussing the obstacles which are currently an issue for railroad transportation in Iran.

Mining News Pro - An indicted financier accused by the U.S. of developing Venezuela’s gold-for-food trade with Turkey is helping orchestrate a similar swap with Iran involving gold for gasoline products, according to seven people familiar with the matter.

Mining News Pro - National Iranian Copper Industries Company is the first company to be the permanent member of “ISSA Mining”.

Mining News Pro - Out of cash and desperate for help in propping up its oil industry, Venezuela is raiding its gold vaults and handing tons of bars to its long-time ally Iran, according to people with direct knowledge of the matter.

Mining News Pro - This week, Iran billet export prices fell marginally in recent deals. SteelMint’s assessment for billet export offers from Iran is at USD 380-385/MT, FoB Iran, down USD 5-10/MT, against last week. While domestic billet offers in the country are at IRR 52,600/kg, including 9% VAT.

Mining News Pro - Iran’s steel output stood was recorded at 43.28 MnT during the first 11 months of the current Iranian year (21 Mar’19 - Feb’20) to register a Y-o-Y rise of 7.96%. The figure includes both semi-finished and finished steel output.

Mining News Pro - Iranian billet export offers witnessed a marginal increase amid active domestic demand. However, no export deals were reported during the week.

Mining News Pro - Iran’s steel output was recorded at 39.46 MnT during the first 10 months of the current Iranian year (21 Mar`19 - 20 Jan`20) to register a Y-o-Y rise of 8.79%.

Mining News Pro - Iran failed to comply with international anti-terrorism funding norms following which the the country got black listed by the Financial Action Task Force (FATF) last week on 21 Feb’20.

Mining News Pro - Ahangaran, visited Hormozgan Steel Company. He mentioned the remarkable role of HOSCO in slab exports and emphasized on removing the export obstacles.

Mining News Pro - “One important approach in our company is to be active in export markets,” Sales Manager of HOSCO.

Mining News Pro - Iran’s major steel producing companies exported a total of 5.2 MnT of steel in first nine months of the current Iranian year (March 21-Dec. 21, 2019) to register a Y-o-Y growth of 19%.

Mining News Pro - The Australian dollar gold price has temporarily moved into record territory of around $2350 an ounce as tensions between the United States and Iran increased.

Mining News Pro - After spiking to a near seven-year high when news of an Iranian missile attack on a US base in Iraq first broke, the price of gold plummeted on Wednesday.

Mining News Pro - Gold prices stabilized after paring earlier gains amid signs that both sides in the US-Iran hostilities wanted to pull back from the brink of conflict. Palladium rose to a fresh record above $2,100 an ounce.

Mining News Pro - Gold futures jumped after reports of rocket attacks on a US military base in Iraq, hitting fresh six year highs.

Mining News Pro - Commrcial Manager of Chadormalu Company believes that Iran has become a major steel exporter in the last 7 years ago.