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.

Iran’s mining sector projected to attract $50b by 2025

TEHRAN - Iran plans to attract $50 billion of investments in its mining sector by 2025, head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said.

Iran expects record high in crude steel exports

TEHRAN - Iran’s crude steel exports are expected to reach a record high of 8 million tons by the end of the current Iranian calendar year (March 20, 2018).

Trade between Iran, Russia rise 70% in a year

TEHRAN- Iran-Russia trade grew 70 percent during the past year, Iranian Finance Minister Masoud Karbasian announced after his meeting with Russian Energy Minister Alexander Novak in Tehran on Wednesday morning.

IMARC to present Iranian mining sector‘s finance, investment opportunities

TEHRAN- Opportunities for finance and investment in Iran’s mining sector will be introduced in the International Mining and Resources Conference (IMARC) running in Australia’s Melbourne from October 30 to November 2.

IMIDRO introduces newly discovered mineral reserves

TEHRAN- Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) introduced some mineral reserves discovered recently in the country during a conference held on Sunday, IRIB new reported.

Iran, Latin America call for bilateral mining co-op

TEHRAN - During The first Iran-Latin American countries joint meeting on cooperation opportunities in mining sector which was held in Tehran on Monday, the two sides emphasized the expansion of mining cooperation.

Mining projects worth over $1b to come on stream by Sept. 22

TEHRAN- Head of Iranian Mines and Mining Industries Development and Renovation Organization Mehdi Karbasian announced that 24 mining projects worth over $1 billion will be put into operation during the first half of the current Iranian calendar year (ending on September 22), Mehr news agency reported on Saturday.

Reformist support for Rouhani justified: Karbaschi

TEHRAN – Qolamhossein Karbaschi, the secretary general of the Construction Party, has said the reformists’ support for Hassan Rouhani in coming election is “neither out of helplessness nor to counter a certain person or party.”

Australian companies eying expansion of ties with IMIDRO

TEHRAN- Australia’s Victorian Department of Economic Development, Jobs, Transport and Resources Secretary Richard Bolt in a Monday meeting with Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mehdi Karbasian in Tehran, expressed content about cooperation between Australian companies and IMIDRO during the past two years, hoping for expansion of ties.

Annual steel production planned to reach 18.5m tons

TEHRAN- Annual crude steel production in Iran is planned to reach 18.5 million tons by the end of current Iranian calendar year (March 20, 2017), Deputy Industry, Mining and Trade Minister Jafar Sarqini told IRNA on Monday.

Newly-found mineral reserves to reach 1.078b tons by Mar. 20: official

TEHRAN- The annual amount of newly-found mineral reserves in Iran will reach 1.078 billion tons by the end of the current Iranian calendar year (March 20, 2017), IRNA quoted Asadollah Keshavarz, the director general of Mineral Discoveries Office in the Ministry of Industry, Mining and Trade, as saying.

Steel industry hits 50% of targets planned by Mar. 2026

TEHRAN- According to the Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mehdi Karbasian, domestic steel industry has reached 50 percent of the planned goals that it has been expected to reach based on Iran’s 1404 (March 2025-March 2026) Outlook Plan, IRNA reported.

Japan signs MOU in Tehran to study steel project

TEHRAN - Japan’s Sojitz Corporation signed a memorandum of understanding (MOU) with the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) to study the production of steel sheets in Iran’s southeastern port city of Chabahar.

Iran ranks 1st among world's top sponge iron producers: official

TEHRAN – Iran produced 14.5 million tons of sponge iron in 2016 to stay at the top of producers of this type of iron in the world, according to Mehdi Karbasian, the head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).

Minerals exports up 50% in 9 months yr/yr

TEHRAN – The value of minerals Iran exported during the first nine months of the current Iranian calendar year (March 20, - December 20, 2016) has witnessed a 50 percent jump, IRNA quoted an industry official as saying.

Mineral exports rise 34%, hit $4.4 billion

TEHRAN – Iran exported $4.4 billion of minerals and mineral products during the first eight months of the current Iranian calendar year (March 20-November 20), an official with Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said on Monday.

Iran, Germany forging mining, banking, tech bonds

TEHRAN- Iranian industry, mining, and trade officials conferred development of mining, banking and technology ties with the two visiting German ministers and high-ranking banking officials in Tehran on Monday.