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FinancialNews


  • 03-12-20

    Iran increases assets of mine in West Azarbaijan

    (MENAFN) Referring to a memorandum of understanding (MOU) signed between Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) and the governorate of West Azerbaijan Province, in northwest of Iran; IMIDRO is going to build investment for growth of mines in the province.

    With IMIDRO Head KhodadadGharibpour, and West Azarbaijan Governor-General Mohammad-Mehdi Shahriari the MOU was signed, based on it, conducting exploration activities, be part in large-scale mining projects, examination of precious and semi-precious stones, building of access roads and power provide network to a several mines will be concerned.

    AlirezaShahidi declared that, "In line with the organization"s new approach regarding the contribution of the private sector in the country"s large-scale exploration activities, we are planning to award new areas for mining exploration, so that the private sector would be able to enter mining activities in a fair and transparent environment."

    MENAFN03122020000045011369ID1101226833

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