Gold extraction to increase in Iran
Baku, Azerbaijan, Oct. 20
By Elnur Baghishov - Trend:
Gold extraction will increase by 340 tons in Iran per year, Behruz Borna, member of the presidium at the Iran Minerals Production and Supply Company IMPASCO, said.
“Some 250 tons of gold are extracted in Iran per year,” Borna added, Trend reports referring to the Young Journalists Club.
The member of the presidium added that the gold mining potential may increase by 100 tons if the work on gold mines is intensively carried out in Iran.
“There are 32 gold mines in Iran,” Borna said. “The operations are carried out at 21 of those gold mines, nine gold mines are inactive and two must be provided with equipment.”
The member of the presidium said that Iran must produce at least 32 tons of gold a year.
“Many efforts must be made to reach this figure,” Borna said. “For this purpose the public and private sectors must cooperate in this sphere.”
“Iran produces about 10 tons of gold a year,” the member of the presidium said.
He said that Iran ranks sixth in the world in gold consumption.