- Write by:
-
Saturday, September 14, 2019 - 4:19:30 PM
-
1018 Visit
-
Print
Mining News Pro - With synergy, Iran Minerals Production and Supply Company (IMPASCO) will become a reference company in mining exploration, extraction and processing.
Vajihollah Jafari, CEO of Iran Minerals Production and Supply Company (IMPASCO) said: “Our starting point is mining exploration. Without exploration, there is no operation. We welcome private sector if they want to cooperate in mining exploration and operation. We believe that government should move alongside private sector and observe each other.”
“We do not invest on development of mining units, we concede the investment to the private sector, and eventually receive a share from mining activities,” he said.
Jafari mentioned the opening of Angooran Hydrogen Sulfide mine and production of 60 thousand tons of sulfur ore, initiation of Antimony mine operation in Heidar Abad, construction of processing plant with 12 thousand tons of copper concentrate production capacity.
“In Nakhlak lead mine, we used to produce 1800 tons of production before the association of private sector, but after it this number has increased to 12 thousand tons. The human resource increased from 150 to 3000 persons and finally it reached profitability.
Vajihollah Jafari said that we are hopeful for the future and we have long way to go.
- IMPASCO , Iran , minerals , sulfur , copper , lead , zinc , mining , mining exploration , operation , extraction
- Mining News Agency
Short Link:
https://www.miningnews.ir/En/News/422855
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines ...
Anglo American Plc said it is has received an unsolicited non-binding combination proposal from BHP Group.
Toronto-listed miner OceanaGold Corp said on Wednesday it will raise 6.08 billion pesos ($106 million) through an ...
A key measure of Chinese copper demand just sank to zero, another indication that global prices are not balanced with ...
A new report by IDTechEx states that investing in e-haul trucks could result in major savings for miners due to the ...
Canadian miner First Quantum Minerals (TSX: FM) believes it will be able to take the already mined 121,000 tonnes of ...
Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1.14 billion in the first quarter.
Canada and its Five Eyes Alliance partners are working on put forward a response to tackle the price manipulation of ...
Chile is expected to produce a record 5.8 million metric tons of copper in 2025, the state-run Chilean Copper Commission ...
No comments have been posted yet ...