Iran ready to inaugurate Zarshoran gold mine
Tehran, Iran, Oct. 21
By Milad Fashtami - Trend:
Iran's Zarshoran gold mine, located in the Western Azerbaijan Province, is ready to come on stream.
Deputy head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Jamshid Molarahman said that the mine will be inaugurated as soon as the government officials set a date for the ceremony, Iran's Mehr News Agency reported on October 21.
The Zarshoran mine's plant has the capacity to produce 3 metric tons of gold per year," he said.
"Iran's current gold production capacity is only 2.5 metric tons, but once the Zarshoran mine comes on stream the figure would rise by more than two-fold," Molarahman added.
According to the official, the mine will also produce 1.25 metric tons of silver per year.
In May 2013, IRNA quoted deputy head of the Geological Survey of Iran Behrouz Borna as saying that Iran's gold reserves are estimated to be over 340 metric tons.
"Fifteen gold mines are being operated across the country, and two others will be added in the current year," Borna said.
"Iran ranks 12th in Asia and 42nd in the world in terms of gold reserves," he added.