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New gold and copper fields discovered in Iran

Business Materials 1 March 2011 23:09 (UTC +04:00)

Five new gold and copper fields were discovered in the Iranian province of Sistan and Baluchestan, the chairman of the organization of industry and fields of Iranian province of Sistan and Baluchestan, Namavar Dzhahromi, said, Iranian ILNA news agency reported.

According to him, a gold field was discovered in Bazman region, gold and copper in Zabil, a gold field in Siyah Dzhangyal Taftan, a granite field in Zahedan. Work will begin in these fields in the near future.

About $175.6 million has been invested to carry out exploration work on 18 fields in the province of Sistan and Baluchestan," he said. "By 2012, 16 of these fields will be commissioned," said Dzhahromi.

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