Iranian gold complex output increases by 45%
Baku, Azerbaijan, Feb. 21
By Fatih Karimov – Trend:
Mouteh Gold Complex in central Iran produced over 295 kilograms of gold ingots in the first 10 months of the current Iranian fiscal year (March20, 2016-Jan. 20).
The figure indicates a 45-percent growth compared with that of the corresponding period of last year which was 203 kilograms, Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) reported Feb. 21.
According to the report, Mouteh Gold Complex produced 47 kilograms of gold ingots in the Iranian calendar month of Day (Dec. 20-Jan. 20), indicating a rise of 135 percent against the figure for the same month last year which was 20 kilograms.
The complex is located 295 kilometres southwest of Tehran.
Chah Khatoun Gold Mine is the main source of Mouteh's gold extraction.
Mouteh's annual gold ingot output stands at 300 kg.
The provinces of East and West Azerbaijan, Tehran, Isfahan and Khorassan Razavi are top gold production hubs in the country.
Iran's National Geology and Mineral Exploration Organization put the proven and probable gold reserves at 320 tons.