0523 GMT November 27, 2020
Iraj Movafaq noted that of the figure, 50 licenses were for exploration operations, and 20 licenses were for mining operations, reported shatanews.ir.
He said the project operations provide jobs for over 130 people.
In June, Deputy Industry, Mine, and Trade Minister Darioush Esmaili said that the country’s Mining Investment Insurance Corporation (MIIC) has allocated over $714.2 million for supporting mining exploration projects.
He said that the ministry has it on the agenda to increase the country’s discovered mineral reserves by 25 percent in the current Iranian year.
The mining sector accounted for 25 percent of the country’s non-oil revenues in the past Iranian year.
In the past few years, with new economic strategies, the mining sector has become a major point of focus for the Iranian government and various organizations and bodies active in this sector were tasked to implement new programs for boosting this sector.
As a major state-owned holding company active in the mining sector in the country, Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has been playing a significant part in the planning.
The organization has been implementing several new programs in all the main fields of the mining industry including exploration, machinery development, and extraction while reviving the country’s idle mines.
According to its head, Khodadad Gharibpour, IMIDRO has put the development of mines and mining industries on the agenda with three main strategies: Increasing exploration operations, developing infrastructure, and reviving the country’s idle small-scale mines.