By Haniyeh Sadat Jafariyeh

1398 budget bill, (non)-oil revenues?

The budget bill for the next Iranian calendar year 1398 (starting on March 21, 2019) was presented to the parliament on December 6 while Iran’s economy, previously expected to boom, is experiencing the toughest conditions under the draconian U.S. sanctions. The upcoming year is supposedly an economic predicament for Iranians to endure and for the government to program and handle.

2 large aluminum, copper plants to be put into operation by Mar. 2019

TEHRAN- Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) announced that two large plants for production of aluminum and copper will be put into operation in the country by the end of current Iranian calendar year (March 20, 2019).

Minerals, mining exports at over $3.7b during 4 months

TEHRAN- The value of Iran’s minerals and mining exports stood at $3.763 billion during the first four months of current Iranian calendar year (March 21-July 22), according to data released by the Islamic Republic of Iran Customs Administration (IRICA).

Copper concentrate output increases 15% in a month

TEHRAN- Iran National Copper Company could produce 107,795 tons of copper concentrate in the first month of the present Iranian calendar year 1397, Farvardin (March 21- April 20), registering 15 percent growth in comparison with the same time in the preceding year, IRNA reported on Monday.

Mining sector exports $9b in a year

TEHRAN- Iranian Deputy Industry Minister Mehdi Karbasian announced that during the past Iranian calendar Year 1396 (ended March 20, 2018) exports of domestic mining sector stood at $9 billion, IRNA reported.

$1.5b of new mining projects to be inaugurated in a year

TEHRAN- Iranian Deputy Industry Minister Mehdi Karbasian announced that $1.5 billion of new mining and related industries projects will be inaugurated by the current Iranian yearend (March 20, 2019).

30 mining projects launched, inaugurated by $3.3b of investments in a year

TEHRAN- Iranian Deputy Industry Minister Mehdi Karbasian announced that during the ending Iranian calendar year (ends on March 20) 30 mining and related industries projects utilizing $3.3 billion of investments have been started or put into operation, IRNA reported on Friday.

Over $2.3b required to complete mining projects

TEHRAN- Underway mining and related industries projects require 104 trillion rials (about $2.311 billion) of investment to be completed, according to Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mehdi Karbasian.

Iran holds 3b tons of Iron ore reserves: industry official

TEHRAN – Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) put the country's iron ore reserves at 3 billion tons, IRIB news reported.