Domestic Economy Desk
The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) plans to complete and open projects worth $2.2 billion in the domestic mining sector by the end of the current Iranian calendar year (March 2021) in cooperation with the private companies.
The Iranian mining sector has seen a significant surge in investment for new projects, a sign the country is intent on taking benefit of its massive mineral reserves despite US sanctions that have targeted its sale of lucrative metals.
Major Iranian mining complexes produced 17.08 million tons of steel ingots (billet, bloom and slab) during the first 10 months of the current Iranian calendar year (March 21, 2019-January 20, 2020), showing a year-on-year growth of five percent.
New documents reveal that the Trump administration has let a mining company take on a major role in writing the environmental report that is key to getting its Idaho gold mine project government approval, the Idaho Statesman reports.
Australia should do more to reduce its carbon emissions and giving cash to countries battling climate change was not enough, Pacific island leaders said on Tuesday in a rebuke of Canberra’s latest attempt to improve ties with the region.