- Write by:
-
Friday, March 19, 2021 - 1:21:57 PM
-
1070 Visit
-
Print
Mining News Pro - During a meeting with the news media, the chief executive of NICICO announced that news.
According to Mining News Pro - Ardeshir SadMohammadi, CEO of National Iranian Copper Industries Company said that we had 90% of growth in production last year compared to the same period in 1398.
“In the first half of the year we are going to complete the supply of drilling machines. We have to plan for deep exploratory drilling training of personnel and these devices can dig to a depth of 2500 meters,” he said.
“101,000 meters of deep drilling was done to identify new potentials, and 1 billion tons of new reserves with half a percent grade were the result of these discoveries,” he added.
SadMohammadi said that Iran`s copper reserves in the world had reached 36.5 million tons, and now about 7.5 million tons have now been added to the country`s reserves. With a good strategy, Iran can improve its rank in copper reserves from 7th to 6th.
“Last year, NICICO produced 280 thousand tons of copper cathode which is a 12% increase compared to the same period two years ago,” he mentioned.
Short Link:
https://www.miningnews.ir/En/News/612002
Commodities usually rally when central banks cut interest rates, bolstering the case for going long raw materials in the ...
Cocoa extended its surge — gaining more than $700 per ton in a single day and surpassing $9,000 for the first time ever ...
Ivanhoe Electric (NYSE American: IE) (TSX: IE) terest in the Samapleu-Grata nickel-copper project in Côte d’Ivoire after ...
Iron ore futures tumbled in Singapore, extending a stretch of volatile trading amid deepening anxiety over Chinese ...
The Democratic Republic of the Congo overtook Peru as the world’s second largest copper producer in 2023, though it ...
The United States is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia’s ...
Democratic Republic of Congo and Chinese investors on Thursday signed an agreement reached in January that revises some ...
South African coal miner Exxaro Resources is considering potential deals to acquire copper and manganese assets as part ...
Copper prices soared on Wednesday to their highest in seven months after Chinese smelters, which process half of the ...
No comments have been posted yet ...