86 idle small-scale mines revived in 5 months

September 21, 2024 - 14:40

TEHRAN – Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has managed to revive 86 idle small-scale mines throughout the country in the first five months of the current Iranian calendar year (March 20-August 21), the director of the Industry, Mining and Trade Ministry’s program for reviving idle mines said.

According to Abbas Jorjani, IMIDRO is currently monitoring the revived mines and so far the mines in two provinces have been investigated, IRNA reported.

The Industry, Mining and Trade Ministry’s program for reviving small mines across the country was unveiled in late March 2019 and put into effect a year later.

The most important goal of this program, which is being implemented by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), is to activate the country's mines, which will result in increased production and employment, especially in deprived areas.

Back in December 2021, Reza Azimi, the former director of the said program, had mentioned concluding 37 memorandums of understanding (MOU) for investment, and scientific-research cooperation with knowledge-based companies, as well as the introduction of 124 projects to Mining Investment Insurance Corporation for receiving facilities, and the support and coaching of knowledge-based companies and startups as other measures taken under the framework of the mentioned program.

As reported, IMIDRO is conducting the program with the aim of providing feedstock for mineral industries, increasing production and completing the mining industry’s product chain, and developing and creating sustainable employment.

Following this program, so far various small-scale mines including chromite, manganese, hematite, dolomite, iron ore, copper, and construction stone mines have been surveyed by monitoring and diagnosing the problems of the mines and providing solutions for resolving their issues.

Over the past few years with new resilient economy strategies coming into play, the mining sector has become a major point of focus for the Iranian government, and various organizations and bodies active in this sector have been tasked to implement new programs for boosting this sector.

As a major state-owned holding company active in the mining sector in the country, IMIDRO has been playing a significant part in the mentioned planning.

The organization has been implementing several new programs in all the main fields of the mining industry including exploration, machinery development, extraction, and also reviving the country’s idle mines.

EF/MA

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