INSUBCONTINENT EXCLUSIVE:
TEHRAN - Head of Iran's Geological Survey and Mineral Explorations Organization (GSI) Alireza Shahidi said on Wednesday that there are
currently 55 billion tons of proven mineral reserves in the country, IRNA reported.According to Shahidi, increasing the depth and expanding
country over the past two decades, which means that these reserves have no signs on the surface, so we hope to be able to identify them
announced that new mineral reserves worth over $28.7 billion have been discovered across the country over the past eight years.Having 81
different types of minerals, Iran is one of the top 10 mineral-rich countries across the globe
In this regard, the Iranian government has been seriously pursuing several programs for promoting the mining sector as a major contributor
The country also has 11 million tons of zinc reserves.The total proven reserves of Iran's mines are expected to reach more than 100 billion
the lack of access to financial resources and foreign investment because of the U.S
sanctions, the Iranian mining sector has been struggling to operate at its maximum capacity over the past few years.So, the government
programs for promoting this industry are mainly focused on relying on domestic sources for helping the mining sector overcome its current
problems and hit its ideal targets.EF/MA
