About $3M invested in mining sector of Iran’s Hormozgan province
Baku, Azerbaijan, Sept. 14
By Elnur Baghishov - Trend:
During five months (March 21-August 22) of this Iranian year (started March 21, 2019), the private sector has invested 123 billion rials (about $2.92 million) in the mining sector of Iran’s Hormozgan province, said Deputy Chairman of the Industry, Mine and Trade Organization of Hormozgan province Ebrahim Saidini, Trend reports citing IRNA Sept. 14.
He said that over 110 jobs have been created with these investments.
He added that licenses were issued for the operation of seven mines in the province during the reporting period.
There are 137 licenses for mines’ exploration, and 226 licenses for mines’ operation in the Hormozgan province.
The estimated reserves of the province amount to a total of 1.5 billion tons of mining ore. They include gypsum, iron ore, halite, chromite and other minerals.